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
Take Five: Are we there yet?
As the world's central banks near the end of what has felt like a relentless string of interest
2023-08-11 15:21
European shares fall as cooling US inflation fails to ease jitters
European shares opened lower on Friday after a Wall Street rally fuelled by tame inflation data fizzled out,
2023-08-11 15:15
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive
By Jason Xue and Tom Westbrook SHANGHAI A growing number of healthcare companies in China are shelving their
2023-08-11 14:56
HKTDC Hong Kong Watch & Clock Fair and Salon de TE Open in September
HONG KONG--(BUSINESS WIRE)--Aug 11, 2023--
2023-08-11 14:52
UK economy records surprise growth in second quarter
The UK economy grew in the three months to June 30, compared with the previous quarter, official data showed Friday.
2023-08-11 14:51
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:46