By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and…
Turnover in Germany’s restaurants, hotels rose markedly in 2022
BERLIN (Reuters) – Turnover in accommodation and food services in Germany rose strongly in 2022 compared with 2021 despite high…
Online retailer Boohoo sales drop 11% in Christmas period
LONDON (Reuters) -British online fashion retailer Boohoo said revenue fell 11% in its key Christmas trading period, hurt by delivery…
Malaysia central bank surprises by holding key rate at 2.75%
KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday unexpectedly kept its benchmark interest rate unchanged at 2.75%, saying it…
Cathay Pacific flight attendant union to start work-to-rule industrial action
HONG KONG (Reuters) – Cathay Pacific Airways Flight Attendants Union said it will start work-to-rule industrial action from Thursday, amid…
China seen keeping benchmark lending rates unchanged for fifth month
SHANGHAI (Reuters) -China is expected to keep benchmark lending rates unchanged for a fifth month in January, a Reuters survey…
Vietnam EV maker VinFast plans promotions in response to Tesla price cuts
HANOI (Reuters) – Vietnam’s electric-vehicle (EV) maker VinFast said on Thursday it will launch promotions to protect the market competitiveness…
COVID-hit Chinese factories eye gradual recovery after Lunar New Year break
By David Kirton SHENZHEN, China (Reuters) – Christian Gassner, whose furniture components factory in the southern Chinese city of Shenzhen…
Pilots fail to cash in on air traffic revival -global survey
(Reuters) – A global rebound in air travel has brought pilots back to work after a pandemic-induced slump, but many…
Indonesia says BASF, Eramet near $2.6 billion deal to process nickel for EV batteries
JAKARTA (Reuters) – Germany’s BASF and French miner Eramet are finalising a $2.6 billion partnership deal to invest in a…