A look at the day ahead in European and global markets from Anshuman Daga: A nationwide spike in COVID-19 cases…
German industry calls for more support to diversify beyond China
BERLIN (Reuters) -One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade…
ECB’s Holzmann backs 0.75 percentage point increase in December -FT
(Reuters) – European Central Bank policymaker Robert Holzmann backed a third straight 0.75 percentage point rise in the deposit rate…
FTX had total cash balance of $1.24 billion as of Nov. 20
(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24…
S. Korea household credit grows at slowest annual rate in at least 20 years
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the…
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster
WASHINGTON (Reuters) -Penguin Random House, the world’s largest book publisher, and smaller U.S. rival Simon & Schuster have scrapped a…
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than…
Debt-laden China Evergrande gives back land sites to Wuhan city
HONG KONG (Reuters) – A Chinese municipal district said it had taken back 134,500 hectares (332.4 acres) of land formerly…
Disney brings back Bob Iger as CEO in surprise move to boost growth
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Bob Iger is returning to Walt Disney Co as chief…
Carlyle sees big in Japan auto industry as EV shift shakes supply chains
By Makiko Yamazaki TOKYO (Reuters) – U.S. private equity firm Carlyle Group Inc aims to enlarge its footprint in the…