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…
By 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…
TOKYO – The United States and Japan will initiate a new “2 plus 2” dialogue that will cover economic and diplomatic issues, Kyodo reported, citing a Japan government official. The…