Goldman Sachs Private Wealth Management arm opens new office in Monaco
PARIS – Wall Street bank Goldman Sachs said its Private
Financial News
Jaguar Land Rover, Nvidia ally in vehicle software arms race
By Joseph White DETROIT – Luxury automaker Jaguar Land Rover
Google keeps Android ad tool into at least 2024, exploring other options
By Paresh Dave NEW YORK – Alphabet Inc’s Google on
Ryanair expects summer air fares to be higher than in 2019
LISBON -Ryanair expects average air fares during this year’s summer
Wall Street eyes Walmart results for signs of tighter margins, slower growth
By Arriana McLymore and Siddharth Cavale NEW YORK, NY –
Italy’s Saipem to rethink green drive after profit warning, sources say
By Stephen Jewkes MILAN – Italy’s Saipem is set to
Russia counts on reserves as shield against sanctions
By Darya Korsunskaya and Andrey Ostroukh MOSCOW -Possible western sanctions
Samsung Electronics unions threaten first-ever strike, impact unclear
By Joyce Lee SEOUL – Unionised workers of Samsung Electronics
Embraer’s Eve gets orders for 90 electric aircraft from Australian firms
SAO PAULO – Embraer SA’s electric aircraft subsidiary Eve has
Factbox – UK inflation at 30-year high – what’s changed since 1992?
LONDON – Britain’s inflation rate hit its highest since March
EU top court paves way to cut billions to Poland and Hungary
By Gabriela Baczynska BRUSSELS – The European Union’s top court
Crescent Energy buys EP Energy’s Uinta oil and gas assets for $815 million
– Oil and gas producer Crescent Energy said on Wednesday
Hilton results top estimates as holiday travel boosts hotel occupancy
-Hilton Worldwide Holdings Inc topped analyst estimates for quarterly profit
Israel grows 8.1% in 2021, fastest in 21 years; rate hike possible soon
By Steven Scheer JERUSALEM -Israel’s economy grew at its fastest
France’s Atos aims to double market share in supercomputing by 2026
By Mathieu Rosemain PARIS – France’s Atos aims to double
Ericsson shares drop after probe on graft in Iraq when ISIS active
By Supantha Mukherjee STOCKHOLM – Shares of Ericsson fell more
Website creator Wix.com Q4 loss widens, unable to forecast 2022
By Steven Scheer JERUSALEM – Wix.com, which helps small businesses
Low risk of sovereign rating pressures from Ukraine tensions, Moody’s says
By Marc Jones LONDON – The risk of material credit
German Finance Minister expects G20 to address international financial stability
BERLIN – Finance chiefs from the Group of 20 major
VW set to boost output, pick new EV plant site, amid chip crunch
BERLIN -Volkswagen could decide on where it will build a
German cabinet backs tax relief plan to support recovery
BERLIN – Germany’s cabinet backed a tax relief package for
Crypto firm Fireblocks buys payments tech platform for $100 million
By Gertrude Chavez-Dreyfuss NEW YORK – Fireblocks, an infrastructure provider
U.S. mortgage interest rates top 4% for first time since 2019
– The interest rate on the most popular U.S. home
Britain’s financial sector wants more time for new ‘duty of care’
By Huw Jones LONDON – Banks and financial advisers in
Schindler warns on profit, China, after Q4 earnings fall
By Bartosz Dabrowski -Schindler warned of lower profit in 2022
Q&A: The White House eyes company profits in inflation battle
WASHINGTON – U.S. President Joe Biden ordered his administration last
UK inflation climbs to highest since 1992 at 5.5%
By David Milliken LONDON -British consumer prices rose at the
Exclusive-Lithuania warns banks of cyber attacks, power cuts amid fears of war in Ukraine
By Andrius Sytas – Lithuania’s central bank has told the
China’s ‘common prosperity’ drive positive for wealth management industry – UBS
By Selena Li HONG KONG – China’s drive for “common
Samsung invests $920 million in Vietnam plant expansion
HANOI – South Korean electronic components manufacturer Samsung Electro-Mechanics Co
ECB warns about vulnerable property market in euro zone
FRANKFURT – The property market is a “key vulnerability” for
Republican boycott of Raskin nomination vote spells more limbo for Fed rule changes
By Pete Schroeder WASHINGTON -Republicans’ Tuesday boycott of a vote
Tight supplies lift Mideast and Russian crude grades to multi-year highs
By Florence Tan SINGAPORE -Middle East benchmark Dubai crude soared
Heineken casts doubt on 2023 margin goal as inflation spikes
By Philip Blenkinsop BRUSSELS -Heineken cast doubt on its mid-term
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest
Volkswagen expects chip shortage to ease later in 2022
BERLIN – German carmaker Volkswagen expects a continued hit from
Euro zone Dec production much stronger than expected
BRUSSELS – Euro zone industrial production was much stronger than
BOJ’s Kuroda says no plan to change long-term yield cap – for now
By Leika Kihara TOKYO -The Bank of Japan has no
Glencore may sell Russneft stake to founder Gutseriyev, says Kommersant
MOSCOW – Swiss commodities firm Glencore may be selling its
Abu Dhabi’s Etihad lines up order for seven Airbus A350 cargo planes
DUBAI – Abu Dhabi’s Etihad Airways on Wednesday signed a
Surging housing costs boosting overall euro zone inflation: ECB
FRANKFURT – Euro zone housing costs rose sharply last year,
AirAsia to lease at least 100 flying taxis to launch air ridesharing service
By Chen Lin SINGAPORE – AirAsia Aviation Group on Wednesday
New Adler Group chairman has not yet had contact with KPMG
DUESSELDORF, Germany – The new chairman of Adler Group said
Commerzbank says board member Schmittroth to leave bank
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine
France will need to boost deficit reduction plans after election – auditor
PARIS – The next French government will need to revise
Exclusive-Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there
By Chen Lin SINGAPORE – China’s Shein is aggressively expanding
Malaysia keeps March crude palm oil export duty at 8%
KUALA LUMPUR – Malaysia has maintained its March export tax
Dutch foundation seeks consumer damages over Apple, Google app payments
(The August 15 story corrects job title in paragraph 9)