LONDON – Fidelity International will temporarily close its Emerging Europe, Middle East and Africa Fund to new investors after Russia’s invasion of Ukraine caused Russian asset prices to plunge, it …
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By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, …
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By Foo Yun Chee BRUSSELS – Companies affected by sanctions imposed on Russia and soaring energy costs are unlikely to get trillions of euros in state aid that businesses hit …
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JAKARTA – High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming months as the government keeps …
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ZURICH – Credit Suisse stopped pursuing new business in Russia after the invasion of Ukraine on Feb. 24, the Swiss bank said on Monday in an internal document seen by …
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(Reuters) -HP Inc said on Monday it would buy audio and video devices maker Poly for $1.7 billion in cash as it looks to capitalise on the hybrid work led …
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BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12 …
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BERLIN – Energy ministers from the Group of Seven industrialized nations reject demands by President Vladimir Putin that “unfriendly” countries pay for Russian gas with roubles, Germany’s Robert Habeck said …
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By Elvira Pollina MILAN -Telecom Italia (TIM) shares rose on Monday as Italy’s biggest telecoms company confirmed CVC’s interest in taking a stake in its enterprise service arm, while it …
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By Valentine Hilaire MEXICO CITY – A sprawling fruit and vegetable market in Mexico’s capital wants to spark a greener future as the world’s biggest urban solar farm, with thousands …
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By Steven Scheer TEL AVIV – Israel’s Brain.Space, a four-year-old startup that studies data on brain activity, is set to put its gear to test on astronauts in space next …
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Deal on rules forcing tech giants to police content possible in April, EU’s Vestager says
by ReutersBy Foo Yun Chee BRUSSELS – A deal between EU countries and EU lawmakers that would require tech giants to do more to police content on their platforms could be …
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(Reuters) – Tesla Inc Chief Executive Officer Elon Musk said on Monday that he had “supposedly” tested positive for COVID-19, with no major symptoms. “I supposedly have it again (sigh), …
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By Katanga Johnson and John McCrank WASHINGTON/NEW YORK – Wall Street’s regulator is considering changes to stock market rules to increase competition for orders and improve deals for retail investors, …
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BEIJING – Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales in the United States and …
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By Joey Roulette (Reuters) – SpaceX has ended production of new Crew Dragon astronaut capsules, a company executive told Reuters, as Elon Musk’s space transportation company heaps resources on its …
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By Kentaro Sugiyama and Kantaro Komiya TOKYO – Japan’s prime minister will order the government on Tuesday to put together a fresh relief package by the end of April to …
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By Gram Slattery RIO DE JANEIRO – As Rio de Janeiro residents sheltered at home last year during the deadliest phase of Brazil’s COVID-19 outbreak, police detective Gabriel Ferrando said …
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By Chibuike Oguh (Reuters) – TPG Inc said on Monday its fourth-quarter after-tax distributable earnings rose 34% year-on-year, driven by strong asset sales across its portfolio of private equity, impact …
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(Reuters) -Apple Inc is planning to lower iPhone and AirPod production due to a demand slowdown caused by the Ukraine crisis and rising inflation, the Nikkei newspaper reported on Monday, …
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By Makiko Yamazaki TOKYO -Nearly 60% of Toshiba Corp shareholders voted last week against a plan to spin off its devices business, a breakdown of the vote showed. A separate …
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By Gertrude Chavez-Dreyfuss NEW YORK -Two measures of the U.S. Treasury yield curve that are widely watched for recession warnings have veered in opposite directions, raising questions as to what …
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(Reuters) – Polish postal locker operator InPost said on Monday that it was not in talks over selling the company, after its stock jumped by almost third following a report …
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SEOUL – Hyundai Heavy Industries Holdings said on Monday it had appealed to an EU court to fight the European Commission’s January decision to block its takeover bid for rival …
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SHANGHAI -U.S. automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry …