Category Archives:
Factbox-Corporate debt woes are on the rise
LONDON (Reuters) - From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates. Here's a snapshot of some European companies whose financ...
Jul 18, 2023
Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) - The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient cr...
Jul 18, 2023
China to name Unicom CEO Liu as head of new data bureau-sources
By Julie Zhu, Kevin Huang and Jane Xu HONG KONG (Reuters) - China plans to appoint the CEO of state-owned telecoms giant China Unicom, Liu Liehong, as the head of its new national data bureau, four so...
Jul 17, 2023
Exclusive-China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
By Selena Li and Xie Yu HONG KONG (Reuters) - China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call...
Jul 17, 2023
Marketmind: China worries keep investors jittery
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China's raft of unimpressive data and with the economic calendar now light, worries over a stu...
Jul 17, 2023
China’s NDRC vows to roll out consumption support policies without delay
BEIJING (Reuters) - China's top economic planner pledged on Tuesday that it would roll out policies to "restore and expand" consumption without delay as consumers' purchasing power remained weak, sugg...
Jul 17, 2023
Asia shares slip further as China casts a pall, dollar’s slide abates
By Selena Li HONG KONG (Reuters) - Asian stocks fell on Tuesday as weak Chinese economic data released the previous day continued to weigh on sentiment, while investors were waiting to see if U.S. ret...
Jul 17, 2023
World Bank chief Banga unveils new plans to boost lending ‘firepower’
By Andrea Shalal (Reuters) - World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank's balance sheet and help countries tackle climate change and other challenges, but said a...
Jul 17, 2023
India’s Infosys signs five-year AI deal with $2bln target spend
BENGALURU (Reuters) - India's second-largest software services exporter Infosys said on Tuesday it has signed a deal with an existing client to provide Artificial Intelligence (AI) and automation serv...
Jul 17, 2023
Don strengthens into Tropical Storm in central Atlantic Ocean
(Reuters) - Tropical Depression Don has strengthened into a Tropical Storm in the central Atlantic on Monday and is forecast to turn southward within the next day or so, the U.S. National Hurricane Ce...
Jul 17, 2023
Peoria, IL, USA
42 °F Overcast
