ZURICH (Reuters) – British and U.S. development finance organisations have agreed to be anchor investors in a new $100 million […]
Cooling UK inflation may signal time for rethink for sterling bulls
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Evidence that Britain’s red-hot inflation is finally cooling has knocked the wind […]
Marketmind: Barbie hits the box office
A look at the day ahead in European and global markets from Tom Westbrook Barbie’s box-office debut began in parts […]
Tesla wants to double the size of its European assembly plant- NYT
(Reuters) – Tesla Inc wants to double the production capacity of its assembly plant outside Berlin to one million electric […]
BofA cuts China’s 2023 growth forecast to 5.1%
(Reuters) – BofA Global Research on Thursday cut China’s economic growth forecast for this year to 5.1% on a disappointing […]
Activist investor Elliott takes big stake in drugmaker Catalent – WSJ
(Reuters) -Activist investor Elliott Investment has built a significant stake in Catalent and is pushing for a shake-up on the […]
Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines – sources
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in […]
Australia jobs jump again, heaping pressure on RBA
SYDNEY (Reuters) -Australia employment handily beat expectations for a second straight month in June, while the jobless rate stayed near […]
China’s Washington envoy warns of retaliation against further US tech curbs
By David Brunnstrom WASHINGTON (Reuters) – China does not want a trade or tech war but will definitely respond if […]
Australia telco giant Telstra to cut nearly 500 jobs
SYDNEY (Reuters) – Australia’s biggest telecommunications company Telstra said on Thursday it planned to cut nearly 500 jobs due to […]