Category Archives:
China Renaissance chairman’s detention extended by 3 months -report
BEIJING (Reuters) - The detention of Bao Fan, chairman of investment bank China Renaissance Holdings, has been extended for another three months beginning May 7, Chinese financial publication Economic...
May 31, 2023
Lira hits record low as Turkey prepares for new cabinet
ISTANBUL (Reuters) -Turkey's lira tumbled on Wednesday to a fresh record low against the dollar as President Tayyip Erdogan prepared to decide the shape of his new cabinet and the direction of economi...
May 31, 2023
No quick recovery for German economy after winter slump – DIW
BERLIN (Reuters) - There is no quick recovery in sight for the inflation-hit German economy following a winter recession, the DIW economic research institute said on Wednesday, as its monthly indicato...
May 31, 2023
United Airlines CFO to retire in 2024
(Reuters) - United Airlines Holdings Inc said on Wednesday its Chief Financial Officer Gerry Laderman had announced plans to retire from the carrier in 2024. (Reporting by Aishwarya Nair in Bengaluru;...
May 31, 2023
Advance Auto Parts cuts full-year profit guidance as costs weigh
(Reuters) - Advance Auto Parts Inc lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer's shares down 24% before the opening bell. High raw ...
May 31, 2023
Analysis-Struggling China local governments find a fundraising loophole, lifeline in “pearl bonds”
SHANGHAI/HONG KONG (Reuters) - China's cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in Shanghai where ambiguous rules offer ways to skirt restrictions o...
May 31, 2023
American Airlines raises Q2 profit outlook on lower fuel costs
(Reuters) - American Airlines Group on Wednesday raised its outlook for second-quarter profit as it expects to pay lesser for jet fuel compared to its previous estimate. The company forecast profit in...
May 31, 2023
EU tech chief calls for voluntary AI code of conduct within months
By Philip Blenkinsop LULEA, Sweden (Reuters) - The United States and European Union should push the artificial intelligence (AI) industry to adopt a voluntary code of conduct within months to provide ...
May 31, 2023
India to launch electronics repair pilot project
BENGALURU (Reuters) - India is launching a pilot project aimed at stimulating its electronics repair outsourcing industry by relaxing some import-export rules and environmental laws, the country's IT ...
May 31, 2023
Former NJ governor Chris Christie to announce run for president -source
WASHINGTON (Reuters) -Former New Jersey governor Chris Christie is planning to announce a bid for the 2024 Republican presidential nomination on June 6 in the early nominating state of New Hampshire, ...
May 31, 2023
Peoria, IL, USA
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