Category Archives:
China’s imports, exports will see greater pressure in Q4 – commerce ministry
BEIJING (Reuters) - China's imports and exports will face greater pressure in the fourth quarter, due to insufficient external demand, commerce ministry spokesperson Shu Jueting told a news conference...
Nov 17, 2022
Stellantis to buy software developer aiMotive in autonomous driving push
MILAN (Reuters) - Carmaker Stellantis said on Thursday it had agreed to buy aiMotive, a Hungary-based developer of advanced artificial intelligence and autonomous driving software, to advance its tech...
Nov 17, 2022
Meals company Takeaway, grocery delivery firm Getir in European partnership
AMSTERDAM (Reuters) - Meals delivery company Just Eat Takeaway on Thursday announced a European partnership with online grocer Getir. Under the partnership, Takeaway said, Getir's groceries will be li...
Nov 17, 2022
Indonesia central bank delivers another 50-bp hike
JAKARTA (Reuters) - Indonesia's central bank raised its key interest rate by 50 basis points for a third consecutive monthly meeting as it sought to rein in inflation expectations while supporting the...
Nov 17, 2022
Philippines central bank raises policy rate by 75 bps
MANILA (Reuters) - The Philippine central bank raised its key policy rate by 75 basis points on Thursday. The move was widely expected after Governor Felipe Medalla said on Nov. 3 that the Bangko Sent...
Nov 17, 2022
Burberry quarterly sales rise 11%, beat forecasts
LONDON (Reuters) -British luxury brand Burberry said quarterly comparable store sales rose 11%, significantly faster than its prior quarter and beating a company supplied consensus of 8% growth. The q...
Nov 17, 2022
Bankman-Fried says filing for FTX bankruptcy was a mistake – Vox
(Reuters) - The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticized regulators. Bankman...
Nov 17, 2022
Exclusive-Evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources
By Clare Jim HONG KONG (Reuters) - Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for a long-awaited debt-restructuring proposal...
Nov 17, 2022
As recession looms, British business sends out lending SOS
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) - As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure...
Nov 17, 2022
Thyssenkrupp proposes first dividend in four years
FRANKFURT (Reuters) - Thyssenkrupp on Thursday said it would propose a dividend of 0.15 euros per share for the past financial year, which would mark the first payout in four years, on the back of str...
Nov 17, 2022
Peoria, IL, USA
42 °F Partly cloudy
