TAIPEI -Taiwan’s Pegatron Corp, which assembles iPhones for Apple Inc, said on Tuesday it had suspended operations at its Shanghai and Kunshan plants in China due to the government’s strict…
(Reuters) – Russian authorities recommended a halt in issuing permits for payouts on Eurobonds if Russian bondholders do not receive payments, the finance ministry said on Tuesday. “Now, due to…
VILNIUS – Ukrainian President Volodymyr Zelenskiy urged the European Union on Tuesday to impose sanctions on all Russian banks and Russian oil and to set a deadline for ending imports…
WASHINGTON – U.S. small business confidence fell in March, with the share of owners reporting that inflation was their single most important problem the largest since 1981, a survey showed…
DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest…
BERLIN – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a decline in inflation expectations gave some cause for hope about the…
By David Milliken and William Schomberg LONDON -Britons’ earnings shrank by the most since 2013 in February when adjusted for surging inflation, despite unemployment falling to its joint lowest in…
By Tim Hepher PARIS – In the final hours of 2021 Airbus officially delivered two A350s to Russia’s Aeroflot, helping the jetmaker meet annual delivery targets. Months later, the jets…
By Paul Sandle LONDON – EasyJet said it was yet to see an easing of crew sickness that is causing it to cancel flights and disrupt the Easter plans of…
By Satoshi Sugiyama and Maki Shiraki TOKYO – The weak yen was once a cause for celebration for Japanese companies, as they could sell cars and cameras cheaper abroad and…
By Saikat Chatterjee LONDON -Optimism among fund managers over global economic growth has hit an all-time low while concerns of possible stagflation have risen to the highest since August 2008,…
SHANGHAI -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to…
By James Davey LONDON -Supply chain snags hammered first-half profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be disrupted…
By Aby Jose Koilparambil (Reuters) – Britain’s Deliveroo said on Tuesday that consumer spending could slow for the remainder of the year after the food delivery firm reported higher order…
(Reuters) -Russia’s economy is on track to contract by more than 10% in 2022, the biggest fall in gross domestic product since the years following the 1991 fall of the…
FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their…
By Jihoon Lee and Yena Park SEOUL -South Korea’s finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when…
By Samuel Shen and Selena Li SHANGHAI/HONG KONG – Global index-tracking fund managers with exposure to U.S.-listed Chinese firms are pushing index providers to swap into their Hong Kong-traded peers…
By Joyce Lee and Byungwook Kim (Reuters) – South Korea’s SK Group said on Tuesday it was mulling investments in small-sized nuclear reactors and that one of the candidates was…
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker that rapid policy tightening may cause a hard landing for…
By Supantha Mukherjee STOCKHOLM -Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday…
ZURICH – Swiss drugmaker Novartis will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeiger reported on…
By Toby Sterling AMSTERDAM -Just Eat Takeaway.com, Europe’s largest online food ordering service, said on Tuesday it will partner with supermarket operator Ahold’s flagship Dutch Albert Heijn chain to deliver…
ZURICH -Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose…
ZURICH – The United States overtook Germany as Switzerland’s biggest export market last year, mainly thanks to strong growth in chemical and pharmaceutical products over the last two decades, the…