BERLIN (Reuters) – The German economy, Europe’s largest, is on track to stagnate in the final quarter of this year […]
U.S. marshals other nations, challenges OPEC+ with release of oil reserves
By Timothy Gardner WASHINGTON (Reuters) -The administration of U.S. President Joe Biden announced on Tuesday it will release millions of […]
ByteDance plans to spin off real estate listing business
SHANGHAI (Reuters) – China’s ByteDance plans to spin off its real estate listing service to focus on its core businesses, […]
Exclusive-Investor Warburg cuts Ant valuation by 15% to below $200 billion – source
By Julie Zhu, Kane Wu and Nikhil Nainan HONG KONG (Reuters) -Warburg Pincus, a major global investor in Ant Group, […]
Bahrain’s $30 billion strategic projects plan includes offshore cities, metro
DUBAI (Reuters) – Bahrain said on Wednesday it intends to build five offshore cities, tourism projects and trade and transport […]
Austrian central bank sees growing risks from mortgages amid property boom
VIENNA (Reuters) – Risks from insufficiently cautious mortgage lending are increasing amid Austria’s housing market boom, the central bank said […]
Head of French telecoms group Orange convicted of misuse of public funds
PARIS (Reuters) – Stephane Richard, the head of France’s biggest telecoms company Orange, was convicted Wednesday of complicity of misuse […]
China developer Kaisa plans to propose 1.5-yr extension for bond due Dec 7-REDD
HONG KONG (Reuters) – Cash-strapped Chinese property developer Kaisa Group plans to propose an extension of one-and-a-half years for its […]