By William Schomberg LONDON -British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many people stayed at home due …
Reuters
-
-
By Selena Li HONG KONG – Europe’s largest asset manager Amundi has garnered more than $11 billion of assets from Chinese investors since it became the first foreign-controlled joint venture …
-
By Marc Jones and Rodrigo Campos LONDON/NEW YORK – More governments are seeking ways to prevent surging inflation whipping up economic trouble – and even public unrest – without raising …
-
LONDON – British Business Secretary Kwasi Kwarteng said on Friday that claims that lawmakers had been intimidated and blackmailed by representatives of the government seemed strange and were unlikely to …
-
By Mohi Narayan, Roslan Khasawneh and Ron Bousso – Refiners globally are reaping the highest profits from gasoil production in years on stronger than expected demand and tight supplies despite …
-
By Tetsushi Kajimoto and Leika Kihara TOKYO -Japanese Prime Minister Fumio Kishida reiterated on Friday that it was up to the central bank to decide on an exit strategy from …
-
By Lisa Richwine LOS ANGELES -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20% and wiping away most …
-
By Scott Murdoch and Heekyong Yang HONG KONG/SEOUL – South Korea’s equity offering boom has created a money spinning opportunity for issuers and investors, but it has brought little cheer …
-
By Tim Kelly and Shinji Kitamura TOKYO -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform …
-
By Andrius Sytas and John O’Donnell VILNIUS/FRANKFURT – Lithuania is under pressure from German companies to back down in a dispute with China to end a blockade of the Baltic …
-
By Elena Fabrichnaya and Alexander Marrow MOSCOW -Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing …
-
By Stephanie Kelly NEW YORK – U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus …
-
SYDNEY – Qantas Airways Ltd will cut domestic capacity by 10 more percentage points, to 60% of pre-pandemic levels, in the March quarter after the state of Western Australia indefinitely …
-
By Anshuman Daga SINGAPORE – A special purpose acquisition company (SPAC), backed by European asset manager Tikehau Capital and a holding firm of LVMH Chairman Bernard Arnault, became the second …
-
– Peloton Interactive Inc’s chief executive said on Thursday the company was reviewing the size of its workforce and “resetting” production levels, following a report earlier in the day that …
-
BERLIN – Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk …
-
CAPE TOWN – The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic recovery from …
-
SHANGHAI – China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country’s foreign exchange regulator said on Friday. …
-
TOKYO – Consumer inflation in Tokyo will likely post slightly slower year-on-year growth in January, a Reuters poll showed, after the suspension of a government discount travel campaign in late …
-
Exclusive-Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm – sources
by ReutersBy Poppy McPherson and Fanny Potkin BANGKOK -Lebanon’s M1 Group will partner with a Myanmar firm to take over Norwegian telco Telenor’s business in the Southeast Asian country after its …
-
By Rami Ayyub and Alexandra Ulmer -The prosecutor for Georgia’s biggest county on Thursday requested a special grand jury with subpoena power to aid her investigation into then-President Donald Trump’s …
-
HONG KONG – China Evergrande Group has asked offshore bondholders to disclose holdings to prepare a bondholder identification list, according to a letter seen by Reuters. The cash-strapped firm said …
-
SYDNEY – UK Foreign Secretary Elizabeth Truss voiced on Friday her full support for embattled Prime Minister Boris Johnson, saying he was doing a fantastic job and there was no …
-
By Jonnelle Marte -Creating an official digital version of the U.S. dollar could give Americans more, and speedier, payment options, but it would also present financial stability risks and privacy …
-
By David Morgan WASHINGTON – A bipartisan group of U.S. senators is discussing a scaled-back law focused on safeguarding election results and protecting election officials from harassment following Democrats’ twin …