'BRICS bank' looks to local currencies as Russia sanctions bite
By Rachel Savage and Brenda Goh JOHANNESBURG/SHANGHAI Hobbled by the impact of sanctions against founding shareholder Russia, the
2023-08-10 22:23
Country Garden Billionaire Bags Big Payouts as Default Looms
Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see
2023-08-10 22:15
Factbox-Major deals in global luxury market in the past decade
Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued
2023-08-10 21:55
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:46
OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
Global oil markets are on track for a sharp supply deficit of more than 2 million barrels a
2023-08-10 20:56
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:53
US consumer prices rise moderately in July; weekly jobless claims above expectations
WASHINGTON U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a
2023-08-10 20:53
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:29
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China
2023-08-10 20:22
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
2023-08-10 20:18
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
2023-08-10 20:16
Czech Inflation Slows Further as Market Sees Rate-Cut Debate
Czech inflation eased further in July, boosting arguments for the central bank to start discussions about the timing
2023-08-10 20:15