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J.P.Morgan cuts China’s full year growth forecast after poor May data
(Reuters) - J.P.Morgan trimmed China's economic growth forecast for 2023 after the country's May industrial output and retail sales growth missed forecasts. Economists led by Haibin Zhu said on Thursd...
Syndicated Content Jun 15, 2023
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) - Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not built sufficient market share. The moves were "in line with our efforts t...
Syndicated Content Jun 15, 2023
US prosecutors to drop new charges against Bankman-Fried in Oct trial
(Reuters) - U.S. federal prosecutors said late Wednesday that they would not immediately proceed with five charges of foreign bribery, bank fraud and conspiracy against indicted founder of bankrupt cr...
Syndicated Content Jun 15, 2023
French power company Engie launches new electric car charger brand
PARIS (Reuters) - French power company Engie said on Thursday it is launching a new brand called Vianeo which will form part of its push into the potentially fast-growing sector of building charging p...
Syndicated Content Jun 15, 2023
PM-in-waiting, Greek conservative leader wants to realise investment grade goal
By Renee Maltezou SALAMINA, Greece (Reuters) - Greece's conservative leader Kyriakos Mitsotakis hopes that victory in an election re-run on June 25 will open the way to finally achieve a goal he set w...
Syndicated Content Jun 15, 2023
China bookings to return to pre-pandemic level by early 2024 – Agoda
By Chayut Setboonsarng BANGKOK (Reuters) - Overseas travel bookings from mainland China are currently at just over half of pre-pandemic levels but are on course to return to the 2019 numbers by the en...
Syndicated Content Jun 15, 2023
Odey Asset Management in advanced talks to move funds, staff to rivals
By Nell Mackenzie and Farouq Suleiman LONDON (Reuters) -Odey Asset Management is in "advanced discussions" to move funds and staff to other asset managers, it told investors in a letter, after imposin...
Syndicated Content Jun 15, 2023
European shares inch lower ahead of ECB meet
(Reuters) - European shares opened lower on Thursday, as the European Central Bank (ECB) was expected to raise borrowing costs later in the day, the decision coming on the heels of the U.S. Federal Re...
Syndicated Content Jun 15, 2023
Santander appoints Pedro Castro e Almeida as Europe’s regional head
MADRID (Reuters) - Spain's Santander on Thursday announced it appointed Pedro Castro e Almeida as regional head for Europe, replacing Antonio Simoes, who was hired to head Britain's Legal and General ...
Syndicated Content Jun 15, 2023
Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) - Bedlam in Britain's 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in...
Syndicated Content Jun 15, 2023
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