LONDON (Reuters) – The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning […]
NYSE-owner ICE quarterly profit rises 12%
(Reuters) -Intercontinental Exchange reported a 12.4% rise in second-quarter profit on Thursday, as spiraling global markets sent trading volumes surging […]
China’s Ant Group net profit fell 17.3% in March quarter – Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group on Wednesday logged net profit of 11.38 billion yuan ($1.68 billion) in the quarter […]
Saudi Arabia sets Sept crude prices to Asia at record high
By Muyu Xu and Florence Tan SINGAPORE (Reuters) – Saudi Arabia, the world’s top oil exporter, raised September crude oil […]
Exclusive-Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics
By Phuong Nguyen THAI NGUYEN, Vietnam (Reuters) – Samsung Electronics Co Ltd has scaled back production at its massive smartphone […]
Exclusive-Saudi, UAE save oil firepower in case of winter supply crisis
By Dmitry Zhdannikov and Maha El Dahan LONDON/DUBAI (Reuters) – OPEC leaders Saudi Arabia and the United Arab Emirates stand […]
Monte dei Paschi seals deal with unions over exit of 3,500 staff
MILAN (Reuters) – Italian state-owned bank Monte dei Paschi di Siena reached an accord with unions over thousands of job […]
Lufthansa sees return to full-year profit as travel picks up
By Ilona Wissenbach and Maria Sheahan FRANKFURT/BERLIN (Reuters) – Germany’s Lufthansa said on Thursday it expected demand for short-haul flights […]