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17 Jul

Wall Street banks cut China's growth forecast after dull second quarter

(Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China's growth forecast for 2023 after the country's economy grew at a weaker pace in the second quarter, with its post-COVID momentum unravelling rapidly.

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17 Jul

BlackRock to expand proxy voting choice to retail ETF investors

The world's top asset manager BlackRock said it will offer proxy voting choices to U.S. retail investors of its biggest exchange-traded fund, expanding a strategy that could blunt criticism of how the firm considers environmental, social and governance (ESG) matters.

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15 Jul

Credit Suisse inquiry will keep files secret for 50 years

ZURICH (Reuters) -A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of secrecy that has triggered concern among Swiss historians.

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17 Jul

Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal

A Swiss investors' association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank's emergency takeover by its cross-town rival UBS.

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15 Jul

Toshiba, General Electric to build offshore wind equipment supply chain in Japan-Nikkei

Japan's Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported on Saturday, as Japan is expanding in renewable energy in a zero-carbon push.

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16 Jul

Microsoft signs agreement to keep Call of Duty on Playstation

Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, the chief executive officer of Microsoft Gaming, Phil Spencer, said in a tweet on Sunday.

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15 Jul

Credit Suisse inquiry will keep files secret for 50 years - paper

A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, newspaper Aargauer Zeitung reported, triggering concerns among Swiss historians.

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