Category Archives:
UBS pays bumper rates on deposits to repair Credit Suisse outflows -sources
By Noele Illien and Stefania Spezzati ZURICH (Reuters) - UBS is trying to attract customers with above-market rates on deposits, according to people familiar with the bank's activities, as it seeks to...
Oct 04, 2023
Kenya private sector activity contracts in September – PMI
NAIROBI (Reuters) - Private sector activity in Kenya contracted in September as rising fuel prices hurt business right across the manufacturing, services, wholesale, retail and construction sectors, a...
Oct 04, 2023
Surging Tokyo property prices squeeze out young professionals
By Mariko Katsumura and Rocky Swift TOKYO (Reuters) - Mie Kawamata dreamed of owning a home where she could tend a small garden and her 1-year-old daughter could play outside, yet still be close enoug...
Oct 04, 2023
South Africa business activity little changed in September – PMI
JOHANNESBURG (Reuters) - South African private sector activity held steady in September as firms scaled back output somewhat due to rolling power cuts and cost pressures but took on more staff, a surv...
Oct 04, 2023
Spain’s services sector resumes growth in September – PMI
MADRID (Reuters) - Spanish services sector activity expanded slightly in September after a dip in August, with new business holding steady and companies still taking on staff, a survey showed on Wedne...
Oct 04, 2023
SAS shares plunge 95% as restructuring wipes out owners
COPENHAGEN (Reuters) - Shares in SAS tumbled 95% in opening trade on Wednesday after the Scandinavian airline announced new big shareholders late on Tuesday in a deal that will see the group delisted ...
Oct 04, 2023
Russian car sales jump in September as Chinese brands expand market share
(Reuters) - Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat said on Wednesday, with Chinese brands expanding...
Oct 04, 2023
NTT Docomo forms capital tie-up with Monex to strengthen financial business
TOKYO (Reuters) - Japanese mobile operator NTT Docomo said it formed a capital tie-up with fintech firm Monex Group on Wednesday to build a new financial services business centred on managing its cust...
Oct 04, 2023
Thai business group keeps 2023 growth forecast at 2.5%-3%
BANGKOK (Reuters) - Thailand's economy is expected to grow between 2.5% and 3.0% this year, a leading joint business group said on Wednesday, maintaining its previous estimate. Exports, a key driver o...
Oct 04, 2023
France’s Atos appoints Yves Bernaert as new CEO
(Reuters) -French IT firm Atos said on Wednesday it appointed Yves Bernaert as its new chief executive officer, effective immediately. Bernaert has served as the CEO Europe for Accenture Technology fo...
Oct 04, 2023
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