China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
Singapore's Olam Group first-half profit falls 89%
Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop
2023-08-11 17:56
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:28
ChatGPT fever spreads to US workplace, sounding alarm for some
By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON Many workers across the U.S. are turning to ChatGPT
2023-08-11 16:59
Hong Kong Q2 GDP expands 1.5% y/y
HONG KONG Hong Kong's economy expanded 1.5% in the second quarter from a year earlier, government data showed
2023-08-11 16:57
Subway is now charging extra for a cheese slice in India
Subway sandwiches in India will no longer come with the option of a free cheese slice following revisions to its menu that analysts say are more about cost-cutting than just a matter of taste.
2023-08-11 16:49
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:48
Italy signs preliminary deal with KKR to take up to 20% of TIM's grid
MILAN (Reuters) -The Italian government could end up with a stake of as much as 20% in Telecom Italia's landline
2023-08-11 16:47
China to replace $140 billion LGFV debt with local bonds - Bloomberg News
BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the
2023-08-11 16:29
Siemens Gamesa has fix for onshore wind turbine problem
FRANKFURT Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the
2023-08-11 16:27
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:27
IEA lowers 2024 oil demand growth forecast
By Natalie Grover and Alex Lawler LONDON The International Energy Agency (IEA) on Friday said demand growth for
2023-08-11 16:25