Category Archives:
Chinese AI startup Fourth Paradigm receives China’s nod for Hong Kong IPO
By Kane Wu HONG KONG (Reuters) - Beijing Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies t...
Jul 05, 2023
UK business momentum slows in June despite falling inflation -PMI
By David Milliken LONDON (Reuters) - Growth in Britain's private sector slowed sharply last month, despite businesses facing lower inflation, as higher Bank of England interest rates weighed on demand...
Jul 05, 2023
France’s Le Maire: Food inflation has started easing in July
PARIS (Reuters) - Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. Le Maire told BFM tele...
Jul 05, 2023
Foxconn Q2 sales slip 14%, Q3 outlook brighter ahead of year-end peak
TAIPEI (Reuters) - Taiwan's Foxconn, a major iPhone assembler for Apple Inc, said on Wednesday that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter...
Jul 05, 2023
Pakistan PM hopes for bailout approval from IMF board on July 12
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approve...
Jul 05, 2023
China bank shares slump in Hong Kong after Goldman downgrades
SHANGHAI (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded top lenders including Agricultural Bank of China (AgBank) in a report that raised que...
Jul 05, 2023
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
BERLIN (Reuters) - Adidas said on Wednesday that its HR chief Amanda Rajkumar would leave the company this month after less than three years in the role, becoming the third board member to do so since...
Jul 05, 2023
Euro zone business activity contracts in June -PMI
LONDON (Reuters) - Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the bloc's dominant services industry and a deepening decline of factor...
Jul 05, 2023
German services sector loses some shine as growth slows -PMI
BERLIN (Reuters) - Growth in Germany's services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on Wednesday. The HCOB final services Purchasing Manage...
Jul 05, 2023
French services activity falls for first time since January as demand weakens – PMI
PARIS (Reuters) - Activity in France's dominant services sector fell in June for the first time since January, a survey showed on Wednesday, as weak demand added to fears the euro zone's second-bigges...
Jul 05, 2023
Peoria, IL, USA
74 °F Light Rain
