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Julius Baer enters onshore China market with GROW partnership
ZURICH (Reuters) -Julius Baer is making a low-double-digit-million dollar equity investment in GROW, a China-based domestic asset management company, as part of a strategic alliance, the Swiss wealth ...
Syndicated Content Sep 21, 2022
China’s Nio takes on BMW, Mercedes in home market with flexible battery plan
SHANGHAI (Reuters) - Chinese electric-car startup Nio is looking to grab a share of Europe's growing market for electric vehicles by rolling out a battery leasing and swapping network to cut costs for...
Syndicated Content Sep 21, 2022
Malaysia says 2023 economic growth to be lower than 2022
KUALA LUMPUR (Reuters) - Malaysia's economy will grow at a slower pace in 2023 compared to this year, finance minister Tengku Zafrul Aziz said in a statement on Wednesday. Zafrul cited slowing global ...
Syndicated Content Sep 21, 2022
Russia sees GDP growing by 2.6% in 2024-25, economy minister says
MOSCOW (Reuters) - Russia's economy is expected to expand by 2.6% in 2024-2025 thanks to domestic consumer and investment demand, Economy Minister Maxim Reshetnikov said on Wednesday, after falling th...
Syndicated Content Sep 21, 2022
Prices of airline tickets stay high as upkeep woes crimp fleets
By Jamie Freed SINGAPORE (Reuters) - Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as ...
Syndicated Content Sep 21, 2022
Confidence in UK assets on thin ice, investors warn – Reuters poll
By Andy Bruce LONDON (Reuters) - Investor confidence in British assets sits on the edge of a precipice as new finance minister Kwasi Kwarteng readies his first fiscal update, a Reuters poll of bond st...
Syndicated Content Sep 21, 2022
Germany nationalises Uniper as energy crisis with Russia deepens
By Kirsti Knolle and Essi Lehto BERLIN/HELSINKI (Reuters) - Germany nationalised Uniper on Wednesday after an earlier multi-billion euro bailout failed to keep the gas importer afloat and President Vl...
Syndicated Content Sep 21, 2022
Japan Investment Corp to set up 2nd Toshiba restructuring plan -Kyodo
TOKYO (Reuters) - State-backed Japan Investment Corp (JIC) is considering a second proposal for Toshiba Corp's restructuring plan, breaking off with Japan Industrial Partners (JIP) with which it linke...
Syndicated Content Sep 21, 2022
UniCredit kicks off second buyback for up to 1 billion euros
MILAN (Reuters) - Italy's second-biggest bank UniCredit said on Wednesday it was kicking off its second share buyback this year, for up to 1 billion euros ($990 million), which it expects to conclude ...
Syndicated Content Sep 21, 2022
Major U.S. banks threaten to leave Mark Carney’s climate alliance – FT
(Reuters) - Major Wall Street banks have threatened to leave United Nations climate envoy Mark Carney's financial alliance over legal risks, the Financial Times reported on Wednesday, citing several p...
Syndicated Content Sep 21, 2022
Peoria, IL, USA
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