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11 May

Analysis: UK consumer despair suggests government mishandling inflationary crunch

The tide of pessimism sweeping through Britain's households is unmatched elsewhere among Europe's major economies and suggests the government may have misjudged its response to an escalating cost-of-living crunch.

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11 May

Three big asset managers file joint climate resolutions at J-Power

Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power.

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11 May

Does the cryptocurrency crash pose a threat to the financial system?

On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap, as investors fret about tightening monetary policy.

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11 May

TUI expects to become profitable in 2022 as travel demand booms

Holiday group TUI said on Wednesday it expects to become profitable again in 2022 with significantly positive underlying core earnings thanks to strong bookings as countries lift pandemic-related travel restrictions.

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11 May

Asian shares edge up from near two-year lows as U.S. inflation data looms

Asian shares squeezed higher on Wednesday from close to two-year lows hit in the previous session while the dollar held steady, ahead of keenly awaited U.S. inflation data that will offer a guide to how aggressively the Federal Reserve will raise rates.

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11 May

Philip Morris launches recommended $16 billion cash offer for Swedish Match

Marlboro-maker Philip Morris International Inc said on Wednesday it was making a recommended cash offer to buy Swedish tobacco and nicotine products maker Swedish Match for 106 Swedish crowns per share.

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11 May

Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

The chairman of Vietnam's Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the company's auto unit, VinFast, may be delayed until next year due to market uncertainty.

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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
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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