By Kevin Yao and Ellen Zhang BEIJING (Reuters) – China’s economic growth in 2022 slumped to one of its worst…
UK pay growth speeds up again as BoE frets about inflation
By William Schomberg and Sachin Ravikumar LONDON (Reuters) – Pay growth in Britain – which is being closely watched by…
Hedge fund manager Boaz Weinstein bets market is wrong on Credit Suisse
By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Boaz Weinstein doesn’t believe Credit Suisse will default on its debt…
Russia’s central bank sold $47 million worth of Chinese yuan on Jan. 13
(Reuters) – Russia’s central bank said on Tuesday that it sold almost $47 million worth of Chinese yuan on January…
Stellantis, Vulcan Energy to develop renewable energy assets in Germany
(Reuters) – Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany…
State Street CEO says had no idea about leverage in LDI funds
LONDON (Reuters) -State Street said on Tuesday it was unaware how much leverage was tied up in liability-driven investment (LDI)…
TUI boss: we are open to a big shareholder
BERLIN (Reuters) – Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been…
Luxury giant LVMH hits 400 billion euro in market value
MILAN (Reuters) -LVMH shares rose to a fresh record high on Tuesday, giving the luxury goods group a market capitalisation…
Russia’s Sberbank 2022 net profit drops 75.7% to 300 billion roubles
MOSCOW (Reuters) – Russia’s largest lender Sberbank on Tuesday posted a 75.7% drop in net profit to 300.2 billion roubles…
Yara CEO says green tech investors looking at U.S., not Europe
LONDON (Reuters) – Europe is not providing sufficient incentives for companies such as fertiliser producer Yara to transition to green…