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Ant Consumer Finance Arm to Raise $616 Million to Revive Growth
Ant Consumer Finance Arm to Raise $616 Million to Revive Growth
Ant Group Co.’s consumer finance affiliate is raising 4.5 billion yuan ($616 million) from investors, as the Jack
2023-09-28 17:46
Lululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror Device
Lululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror Device
Peloton Interactive Inc. shares rose 12% in early trading after agreeing to a deal with Lululemon Athletica Inc.
2023-09-28 17:27
Scandinavian Construction Market Set to Slump, Builder Says
Scandinavian Construction Market Set to Slump, Builder Says
One of Scandinavia’s biggest contractors expects the region’s construction industry to undergo a two-year dive as high interest
2023-09-28 17:21
Volkswagen restarts production after suffering major IT outage
Volkswagen restarts production after suffering major IT outage
By Christoph Steitz FRANKFURT (Reuters) -Volkswagen said on Thursday that a major IT outage, which had caused most of its
2023-09-28 17:18
Kenyan Central Bank Made Forex Blunders, Treasury Chief Says
Kenyan Central Bank Made Forex Blunders, Treasury Chief Says
The Kenyan shilling’s sharp slide against the dollar follows years of policy missteps at the central bank, according
2023-09-28 17:00
Spain Inflation Jumps, Backing Higher-for-Longer ECB Rates
Spain Inflation Jumps, Backing Higher-for-Longer ECB Rates
Spanish inflation accelerated for a second month, demonstrating the persistent price pressures that the European Central Bank’s higher-for-longer
2023-09-28 16:45
Dollar Surge Is Bringing ‘Pseudo Tightening’ to Southeast Asia
Dollar Surge Is Bringing ‘Pseudo Tightening’ to Southeast Asia
Southeast Asian central banks are using tools other than rate hikes to defend their currencies against the surging
2023-09-28 14:59
German State Data Points to National CPI Within Survey Range
German State Data Points to National CPI Within Survey Range
Inflation in the German state of North Rhine-Westphalia fell to 4.2% on the year in September from 5.9%
2023-09-28 14:56
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
UBS Takes Lead in $50 Billion Bond Market Left by Credit Suisse
UBS Takes Lead in $50 Billion Bond Market Left by Credit Suisse
Rival banks are flooding into a Credit Suisse-shaped hole in a resurgent market for arranging Swiss franc bond
2023-09-28 13:52
NATO Turns to Underwater Drones and AI in Bid to Deter Russia
NATO Turns to Underwater Drones and AI in Bid to Deter Russia
The NATO military alliance is racing to develop technologies to allow real-time detection of suspicious activity near underwater
2023-09-28 12:59
Abcam Founder Launches Grab for Votes to Block $5.7 Billion Deal
Abcam Founder Launches Grab for Votes to Block $5.7 Billion Deal
Jonathan Milner, the founder of UK life sciences company Abcam Plc, has fired the starting gun on a
2023-09-28 12:51
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