By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the […]
Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering […]
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told […]
Russia to restart FX interventions next month based on rainy day funds
(Reuters) – Russia’s central bank said on Friday it would resume foreign exchange interventions based on its National Wealth Fund […]
China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to […]
World Bank’s IFC considers $1.5 billion in investments in Ukraine banking, farming, infrastructure
By Olena Harmash KYIV (Reuters) -The World Bank’s private investment arm is considering $1.5 billion in investments in Ukraine’s banking, […]
Soft Canadian retail sales data point to slowing economy
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales underperformed expectations in May and were likely unchanged in June, data […]
Generali’s TUA Assicurazioni draws foreign bid interest
By Amy-Jo Crowley and Valentina Za LONDON/MILAN (Reuters) – A number of international groups are in the running to buy […]
KKR boosts chemicals portfolio with $1.3 billion deal for Chase
(Reuters) -KKR & Co said on Friday it would buy chemical maker Chase in an all-cash deal valued at about […]
Chinese property giant Country Garden sinks in renewed storm
By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China’s property sector crisis escalated again on Friday as […]