Business News

By Jamie Freed (Reuters) – Malaysia’s Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its …

AMSTERDAM (Reuters) – Statistics Netherlands (CBS), the Dutch government’s statistics office, is looking at a problem with its energy price measurements, which it said has caused the country – and …

By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s smartphone production and exports fell in November in the run up to Christmas sales season, according to official data, a new …

By Tiyashi Datta and Sheila Dang (Reuters) -Elon Musk accused Apple Inc of threatening to block Twitter Inc from its app store without saying why in a series of tweets …

BUDAPEST (Reuters) – Hungary’s government expects its recovery fund plan to be approved by EU finance ministers at an Ecofin meeting on Dec. 12, its minister in charge of EU …

(Reuters) – Spain’s consumer prices in the 12 months to November rose 6.8%, a slower pace than the previous 7.3% figure marked in October, preliminary data from the National Statistics …

By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source electric vehicle (EV) batteries in North America from battery maker …

BANGKOK (Reuters) – Thailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the …

ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-on-year, official data showed on Tuesday, lagging …

NAIROBI (Reuters) -Kenya’s Centum Investment plans to buy back up to 10% of its issued shares, it said on Tuesday after reporting a wider first-half loss. The group, which invests …

BERLIN (Reuters) – Nearly all toy, food and stationery retailers in Germany plan to raise their prices with a view to the Christmas shopping season, according to a survey on …

By Clare Jim and Xie Yu HONG KONG (Reuters) – Chinese property developers’ shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, …

(Reuters) -The Australian Federal Court has dismissed proceedings initiated by the country’s securities regulator against top lender Commonwealth Bank of Australia over alleged incorrect charging of monthly fees to customers, …

MELBOURNE (Reuters) – Chevron Corp on Tuesday said nearly half its workers in Australia had been bullied in the past five years and nearly a third had experienced sexual harassment, …

(Reuters) – Australia’s Fortescue Metals Group on Tuesday appointed former Woodside Energy executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines made way for a …

By Hannah Lang, Niket Nishant and Manya Saini (Reuters) -Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm …

(Reuters) -Crypto exchange FTX and its affiliated companies, which have filed for U.S. bankruptcy court protection, said on Monday most subsidiaries would resume ordinary course payment of salary and benefits …

By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September …

TOKYO (Reuters) – Nomura Holdings Inc’s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank’s earnings …

By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the …

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports were set for a second month of declines in November and by the steepest pace in 2-1/2 years, hurt by an …

By Soyoung Kim and Jack Kim SEOUL (Reuters) – South Korea will offer “tailored” incentives to encourage Tesla to set up an electric vehicle gigafactory in the country and will …

(Reuters) – S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the Russia-Ukraine conflict, a lingering COVID-19 pandemic and tight monetary policy …

A look at the day ahead in European and global markets from Anshuman Daga Support for weary Chinese property developers boosted Chinese and Asian stocks on Tuesday but inflation clearly …

TOKYO (Reuters) – Toyota Motor Corp reported on Tuesday a 23% rise in October global vehicle output, beating its own target for a third month in a row, as the …