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India cenbank, banks plan new features to boost digital currency transactions – sources
By Jaspreet Kalra and Siddhi Nayak MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working with lenders to introduce new features to popularise the central bank digital currency (CBDC), the so-c...
Syndicated Content Sep 11, 2023
Stop or go? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) - For a year European Central Bank interest rate hikes were a done deal for markets, but that phase is over with investors struggling to gauge the outcom...
Syndicated Content Sep 11, 2023
Ripe for change? Activist investors eye food, consumer goods
By Richa Naidu LONDON (Reuters) - In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone's board, saying it had built a stake of more than 3% in...
Syndicated Content Sep 11, 2023
Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals
By Helen Reid and Corina Pons LONDON/MADRID (Reuters) - Zara owner Inditex, which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial posit...
Syndicated Content Sep 11, 2023
Analysis-European retailers risk dressing-down from investors as consumers flinch
By Joice Alves LONDON (Reuters) - European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will...
Syndicated Content Sep 11, 2023
Marketmind: China’s weak property stocks set the pace
A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today means markets are likely to take their cues from Asia, and there's a lot going on - particu...
Syndicated Content Sep 10, 2023
US, Vietnam firms hold business summit during Biden visit; AI deals unveiled
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) - Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors are meeting on Monday as part of U.S. President J...
Syndicated Content Sep 10, 2023
Several employees injured after explosion at an Archer-Daniels-Midland US facility
(Reuters) - Several employees at an Archer-Daniels-Midland facility in Decatur, Illinois were injured after an explosion on Sunday night, the company said in a statement. "Tonight at approximately 7:1...
Syndicated Content Sep 10, 2023
Country Garden faces fresh test for onshore bond extensions
By Xie Yu HONG KONG (Reuters) - Embattled developer Country Garden faces a new round of voting by creditors to extend several debt maturities on Monday, after having avoided default at the last minute...
Syndicated Content Sep 10, 2023
Alibaba shares slide 4% after outgoing CEO quits cloud unit
HONG KONG (Reuters) - The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud comput...
Syndicated Content Sep 10, 2023
Peoria, IL, USA
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