By Dina Kartit and Valentine Baldassari (Reuters) -French drugmaker Valneva said on Thursday it plans to reduce 20% to 25% […]
Biden says he plans to run again, to make it final in early 2023
By Steve Holland and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden said on Wednesday he intends to run for […]
Apple supplier Foxconn records 5% rise in Q3 profit, sees flattish Q4
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Apple Inc supplier and iPhone assembler Foxconn said on Thursday it […]
Swiss bank Vontobel’s nine month outflows at $3.5 billion; to step up cost cuts
ZURICH (Reuters) – Swiss wealth and asset manager Vontobel Holding saw new money outflows of 3.4 billion Swiss francs ($3.46 […]
ArcelorMittal’s Q3 profit beats expectations on energy savings
BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, reported higher-than-expected third-quarter earnings on Thursday as cost cutting and energy savings offset […]
Crypto’s FTX CEO looking at all options as Binance deal collapses
By Hannah Lang and Angus Berwick NEW YORK (Reuters) – FTX Chief Executive Officer Sam Bankman-Fried told employees he was […]
South Korean think tank recommends gradual pace of rate hikes due to economic risks
SEOUL (Reuters) – South Korea’s monetary tightening should be done at a gradual pace because of the risks of an […]
China amends rules for management of insurance bailout funds
BEIJING (Reuters) – China has amended rules for the management of state-run bailout funds rescuing troubled insurers, its financial regulators […]