Category Archives:
UK’s Domino’s Pizza Group names new CEO
(Reuters) -Domino's Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operator of the pizza chain, will join the UK firm in August as its chief execu...
Jul 13, 2023
Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB
By Marie Mannes, John O'Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) - For hundreds of thousands of ordinary Swedes, investing in one of their country's biggest landlords SBB was a s...
Jul 13, 2023
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista (Reuters) - The sale of struggling Silicon Valley startup zGlue's patents in 2021 was unremarkable except for one detail: The technology it owned, designed to c...
Jul 13, 2023
Fame-crazed Nigerians sing and cook their way to the record book
LAGOS (Reuters) - A Nigerian man has completed more than 200 hours singing, another managed a 100-hour live video on Instagram, while a masseuse's bid to massage people for 75 hours ended in exhaustio...
Jul 13, 2023
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
By Kevin Yao BEIJING (Reuters) - China's economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll showed, raising expecta...
Jul 13, 2023
Australian banks say low unemployment is buffering home loans
By Byron Kaye SYDNEY (Reuters) - The CEOs of Australia's two biggest banks said on Thursday a tight labour market was keeping late home loan repayments below historic levels even after a year of risin...
Jul 13, 2023
J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%
(Reuters) - J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one last 25-basis point rate hike in October and lifted their terminal rate forecast to 5...
Jul 13, 2023
UK economy contracts by slightly less than expected in May
LONDON (Reuters) - Britain's economy contracted by less than expected in May despite the impact of strikes and an extra bank holiday to mark the coronation of King Charles, putting it on track to avoi...
Jul 13, 2023
Exclusive-China’s Qingdao sets up firm to bail out its local govt financing arms-sources
By Samuel Shen and Tom Westbrook (Reuters) - Qingdao city in China's debt-laden Shandong province has set up a company to bail out its cash-strapped local government financing vehicles (LGFVs), source...
Jul 13, 2023
Foxconn-Vedanta JV split credit negative for UK conglomerate- CreditSights
CHENNAI (Reuters) - A decision by Taiwan's Foxconn to withdraw from a $19.5 billion semiconductor joint venture with Vedanta is a "credit negative" for the Indian conglomerate's UK parent Vedanta Reso...
Jul 13, 2023
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