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18 May

Pakistan opens talks with IMF to resume suspended funds for battered economy

Pakistan opened much delayed talks with the International Monetary Fund (IMF) on Wednesday to resume a seventh review of the $6 billion rescue package agreed in 2019.

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18 May

British pub groups reeling under costs pressures despite improving sales

(Reuters) -Two of Britain's biggest pub operators warned on Wednesday that the cost of living crisis and expenses stemming from the Ukraine war would crimp their businesses, suggesting a tough outlook for an industry still recovering from the pandemic.

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18 May

Tencent posts flat growth in Q1 revenue, misses estimates

Chinese gaming and social media giant Tencent Holdings reported flat growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business.

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18 May

Tencent posts no growth in Q1 revenue, misses estimates

Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business.

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18 May

JPMorgan backs Sri Lanka bonds on bets that crippling crisis to ease

U.S. investment bank JPMorgan backed Sri Lanka's crisis-hit government bonds on Wednesday, saying recent political changes in the country should gradually improve its strains and help its talks with the International Monetary Fund.

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18 May

Companies should be incentivised to make green investments - UK trade minister

Companies need to be incentivised and pushed to make green investments, British trade minister Anne-Marie Trevelyan said on Wednesday.

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18 May

Siemens Energy weighing bid for outstanding Siemens Gamesa stake

FRANKFURT/MADRID (Reuters) -Germany's Siemens Energy is mulling a bid to buy the third of Siemens Gamesa it does not already own, the company said on Wednesday, hoping this will help it fix long-standing problems at the Spanish-listed wind turbine maker.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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