ZURICH (Reuters) – UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, …
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Maricopa County, AZ – In a disturbing turn of events, a man has been charged with the attempted abduction of an elementary school student in Maricopa County, Arizona. Joseph Ruiz, …
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By Maxwell Akalaare Adombila and Christian Akorlie ACCRA (Reuters) -Ghana’s central bank lowered its main interest rate by 100 basis points to 29% on Monday, its first rate cut since …
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Pakistan central bank holds rates at 22%, revises up inflation forecast
by Reutersby ReutersBy Ariba Shahid KARACHI (Reuters) -Pakistan’s central bank on Monday held its key rate at 22% for the fifth policy meeting in a row and increased its full-year inflation projections. …
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Bayer shares fall nearly 6% on court order to pay $2.25 billion in damages
by Reutersby ReutersBy Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion …
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American Healthcare REIT aims to raise up to $840 million in US IPO
by Reutersby Reuters(Reuters) -American Healthcare REIT said on Monday it was aiming to raise up to $840 million in an initial public offering (IPO) in New York. The move comes against the …
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By Saleh Salem RAFAH, Gaza (Reuters) – Palestinian medical student Aseel Abu Haddaf was due to graduate medical school in Gaza this year but instead she is living in a …
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By Jacob Gronholt-Pedersen KORSOR NAVAL BASE, Denmark (Reuters) – Denmark on Monday sent a frigate to the Red Sea, where it will participate in a U.S.-led coalition to safeguard commercial …
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China’s vice premier urges more support for listed firms amid market rout
by Reutersby ReutersBEIJING (Reuters) – Chinese Vice Premier He Lifeng on Monday called for greater support for listed companies in an effort to help stabilise capital markets, the Xinhua News Agency reported, …
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Slovakia looks to buy Patriot air defence system from United States
by Reutersby Reuters(Reuters) – Slovakia wants to discuss buying a Patriot missile defence system from the United States as part of longer-term plans to defend its airspace, Defence Minister Robert Kalinak said. …
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Holcim shares surge after investors welcome move to spin off N.American business
by Reutersby ReutersZURICH (Reuters) – Holcim shares were the best performers in Europe on Monday after investors welcomed the building material giant’s plan to separate its North American business and list it …
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By Daniel Leussink TOKYO (Reuters) -Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests …
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By Huw Jones LONDON (Reuters) – Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair …
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By Howard Schneider WASHINGTON (Reuters) – It took a stock market crash, a housing crash and a pandemic to kill the last three U.S. economic expansions. But of all the …
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Ryanair trims annual profit forecast after travel agents halt sales
by Reutersby ReutersBy Conor Humphries DUBLIN (Reuters) -Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents suddenly stopped selling its flights …
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FRANKFURT (Reuters) -The European Central Bank’s next move will be an interest rate cut but policymakers speaking on Monday spared on the exact timing of the move or the trigger …
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(Reuters) -A Hong Kong court ordered the liquidation of China Evergrande Group on Monday. Evergrande is the world’s most indebted real estate developer and has been at the centre of …
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(Reuters) – China Evergrande on Monday acknowledged a Hong Kong court’s decision ordering the liquidation of the world’s most indebted property developer after it failed to offer a concrete restructuring …
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Hedge funds lap up China stocks at fastest pace in 5 years – Goldman
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote …
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Holcim’s biggest shareholder backs plan to list North American business
by Reutersby ReutersZURICH (Reuters) – Holcim’s biggest shareholder has given his backing to the building material company’s plan to spin off its North American business through a listing on the New York …
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Taylor Swift searches blocked on X after fake explicit images spread
by Reutersby ReutersBy Luc Cohen NEW YORK (Reuters) – The social media platform X has blocked users from searching for Taylor Swift after fake sexually explicit images of the pop singer proliferated …
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By Sergio Goncalves and Andrei Khalip LISBON (Reuters) – The European Central Bank (ECB) should start bringing down interest rates sooner rather than later, and in small steps rather than …
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By Tim Hepher and Rajesh Kumar Singh DUBLIN/CHICAGO (Reuters) -United Airlines has approached Airbus about buying more A321neo jets to fill a potential void left by the delayed Boeing 737 …
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China’s January factory activity likely contracted but less sharply: Reuters poll
by Reutersby ReutersBEIJING (Reuters) – China’s manufacturing activity in January likely shrank for the fourth straight month though at a slower pace than in December, a Reuters poll showed, indicating the country’s …
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Holcim shares indicated 7.1% higher after North American listing plan
by Reutersby ReutersZURICH (Reuters) – Holcim shares were indicated to open significantly higher in premarket activity on the Swiss stock exchange on Monday after the building materials giant unveiled plans to separate …