Category Archives:
China bank shares slump in Hong Kong after Goldman downgrades
SHANGHAI (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded top lenders including Agricultural Bank of China (AgBank) in a report that raised que...
Jul 05, 2023
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
BERLIN (Reuters) - Adidas said on Wednesday that its HR chief Amanda Rajkumar would leave the company this month after less than three years in the role, becoming the third board member to do so since...
Jul 05, 2023
Euro zone business activity contracts in June -PMI
LONDON (Reuters) - Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the bloc's dominant services industry and a deepening decline of factor...
Jul 05, 2023
German services sector loses some shine as growth slows -PMI
BERLIN (Reuters) - Growth in Germany's services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on Wednesday. The HCOB final services Purchasing Manage...
Jul 05, 2023
French services activity falls for first time since January as demand weakens – PMI
PARIS (Reuters) - Activity in France's dominant services sector fell in June for the first time since January, a survey showed on Wednesday, as weak demand added to fears the euro zone's second-bigges...
Jul 05, 2023
Italy’s service sector grows in June, but pace slows again – PMI
ROME (Reuters) - Italy's services sector grew in June for a sixth month running, albeit at a slower pace than in May, with higher interest rates weighing on sentiment in the euro zone's third largest ...
Jul 05, 2023
China growth concerns weigh on European shares at open
(Reuters) - European shares fell on Wednesday as fresh data pointing to China's faltering economic recovery soured investor sentiment, which has been under pressure from uncertainty about future monet...
Jul 05, 2023
Volvo Cars June sales up 33% as fully electric car sales quadruple
COPENHAGEN (Reuters) -Sweden-based Volvo Cars on Wednesday reported a 33% year-on-year rise in June sales to 66,379 cars, helped by a spike for fully electric cars. The manufacturer, which is majority...
Jul 05, 2023
Explainer-What’s behind the firmer-than-expected yuan fixings?
By Georgina Lee HONG KONG (Reuters) - The yuan has lost nearly 5% of its value against the dollar this year and in recent weeks China's central bank has begun pushing back on the slide, fixing the cur...
Jul 05, 2023
Dancing the blues away: Nigerian salsa teacher fights mental health stigma
ABUJA (Reuters) - Nigeria's Emeka Adindu says salsa saved his life. Growing up in a country with deep-rooted stigma against mental health issues, Adindu, 35, found solace in the popular Latin dance as...
Jul 05, 2023
Peoria, IL, USA
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