Banking crisis shows need for ‘conservative’ payouts -EU banking watchdog
By Huw Jones LONDON (Reuters) – Banks in the European Union must be “conservative” with dividends and other payouts after […]
Exclusive-Germany forecast to skirt recession – sources
By Rene Wagner and Christian Kraemer BERLIN (Reuters) – Germany is expected to narrowly escape recession and post modest growth
Pfizer, Merck trim prices in China for Paxlovid, molnupiravir – reports
SHANGHAI (Reuters) – Pfizer and Merck have slightly lowered the prices of their respective Paxlovid and molnupiravir COVID-19 treatments in
BoE might need to cut rates sooner than thought, Tenreyro says
LONDON (Reuters) -The Bank of England will probably need to start cutting interest rates sooner than previously thought after raising
In Africa’s fields, a plan to pay fair wages for chocolate withers
By Ange Aboa and Maytaal Angel SAN PEDRO, Ivory Coast/LONDON (Reuters) -Ivorian cocoa bean farmer Edouard Kouame Kouadio expects to
Elderly woman reported missing in Manhattan
NEW YORK, NY – Police are investigating the disappearance of a woman in New York City who was reportedly last
Indonesia’s Pertamina to spend nearly $2 billion to improve safety
JAKARTA (Reuters) -Indonesian state oil firm PT Pertamina plans to spend nearly $2 billion in the period up to 2026
Foreign cash streaming back to China after Alibaba’s plans
By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) – Foreign investors are steadily marching into China in the wake
Risks loom over China’s top tier banks from property downturn, higher costs
By Ziyi Tang and Ryan Woo BEIJING (Reuters) – China’s largest banks will see near-term revenue and margin pressures on
Credit Suisse chairman: “I am truly sorry”
ZURICH (Reuters) – Credit Suisse’s chairman told a room full of shareholders that he was “truly sorry” the Swiss bank