Category Archives:
ECB action now to bring down high inflation could crash economy – Panetta
FRANKFURT (Reuters) - Economic growth rates in the euro zone could dip into negative territory this year and European Central Bank action to bring down short-term high inflation risks crashing the eco...
Apr 06, 2022
India’s Tata Motors plans longer range EVs in 2 years with new design
By Aditi Shah NEW DELHI (Reuters) - India's Tata Motors said it plans to launch electric vehicles (EVs), including SUVs, using a new design which will allow for a larger battery and a range of up to 5...
Apr 06, 2022
HSBC launches metaverse portfolio for wealthy Asian clients
SINGAPORE (Reuters) - HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its rich clients in Hong Kong and Singapore as financial services companies tap into Si...
Apr 06, 2022
UBS shareholders back bank’s climate roadmap
By Brenna Hughes Neghaiwi ZURICH (Reuters) - UBS shareholders on Wednesday approved the bank's climate roadmap, after its first-ever such vote faced pushback from several investors and climate campaig...
Apr 06, 2022
Russian stocks shrug off threats of new sanctions, roubles steadies
(Reuters) - Russian stock indexes returned to gains after a short-lived slide in early trade on Wednesday, shrugging off threats of new western sanctions in response to what Moscow calls "a special mi...
Apr 06, 2022
Exclusive-India probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - India's antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion on fees, trigger...
Apr 06, 2022
IAG’s CEO says Air Europa deal may take at least 18 months
MADRID (Reuters) - Luis Gallego, the Chief Executive of IAG, British Airways' parent company, said on Wednesday a deal over the acquisition of Spanish airline Air Europa may take at least 18 months. "...
Apr 06, 2022
Google-backed VerSe valued at $5 billion in latest funding round
NEW DELHI (Reuters) - India's VerSe Innovation has raised $805 million in a funding round led by Canada's top pension fund, putting a $5 billion valuation on the Google-backed parent of short-video ap...
Apr 06, 2022
Britain to launch public system operator for future energy mix
LONDON (Reuters) - Britain will launch a publicly-owned system operator to take over some of the responsibilities of the National Grid and help the country meet its net zero emissions climate target, ...
Apr 06, 2022
HSBC buys bigger stake in its China securities venture
LONDON (Reuters) - HSBC said on Wednesday it had increased its stake in its China securities brokerage, through a deal to buy equity from its state-owned partner Qianhai Financial Holdings. The London...
Apr 06, 2022
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