Category Archives:
Investors challenge budget airline Wizz Air over labour rights
By Simon Jessop and Gwladys Fouche LONDON (Reuters) - A group of 14 investors have called on budget airline Wizz Air to allow its staff to form and join trade unions amid concerns the company was "act...
Dec 15, 2021
UBS says it remains committed to India as advisory services move
ZURICH (Reuters) -UBS will retain a significant onshore presence in India, the Swiss bank said on Wednesday after Bloomberg reported that it planned to move investment banking advisory services out of...
Dec 15, 2021
India unveils $10 billion plan to woo semiconductor and display makers
NEW DELHI (Reuters) - India's federal cabinet has approved a roughly $10 billion incentive plan to woo semiconductor fabricators and display manufacturers, the technology minister said on Wednesday, d...
Dec 15, 2021
Chinese banks to see doubling of bad property loan ratio, warns S&P
SHANGHAI (Reuters) - Chinese banks could see their bad loan ratio of property loans more than double by the end of 2021 from the middle of the year, S&P Global Ratings said, as headwinds in the Chines...
Dec 15, 2021
Exclusive: China audits Evergrande, chairman’s assets, no fire sale for now -sources
BEIJING/HONG KONG (Reuters) - Chinese authorities are scrutinising the assets of China Evergrande Group and its wealthy chairman Hui Ka Yan but expect no fire sale for now at the world's most indebted...
Dec 15, 2021
India’s TVS Motor and BMW Motorrad tie up to make electric vehicles
BENGALURU (Reuters) - India's TVS Motor Company said on Wednesday it will develop electric vehicles (EV) with BMW's motorcycle brand in India, joining a host of Indian automakers that have sought to e...
Dec 15, 2021
‘No deal here’: Peru communities, Hochschild on collision path over mine closures
By Marco Aquino LIMA (Reuters) - Hochschild Mining is on a collision path with Peruvian communities near its Inmaculada and Pallancata mines, with the firm adamant it will not shut the pits and local ...
Dec 15, 2021
FT names Elon Musk as ‘Person of the Year’
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has been named the Financial Times newspaper's "Person of the Year", two days after getting a similar recognition from the Time magazine. The FT...
Dec 15, 2021
Philippine senate passes bill to allow foreign control of telcos, airlines
MANILA (Reuters) - Philippine senators on Wednesday approved a bill that will allow full foreign ownership of public services like telecommunications, airlines and domestic shipping firms. The Southea...
Dec 15, 2021
Singapore Airlines in provisional deal to buy seven A350 freighters
(Reuters) - Singapore Airlines Ltd said on Wednesday it had signed a provisional agreement to buy seven Airbus SE A350 freighters in a deal that would make it the first airline to operate the new mode...
Dec 15, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
