DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the…
Asia’s hedge fund seeders go for ‘uncorrelated’ strategies
(Updates the company description in the fourth-to-last paragraph) By Summer Zhen HONG KONG (Reuters) – With traditional equity and bond…
China’s CATL to provide EV batteries for Honda starting in 2024
TOKYO (Reuters) – Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years…
Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes
(Reuters) -Twitter owner and Tesla boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according…
BAT expects full-year sales growth of 2-4% on e-cigarette, oral nicotine push
LONDON (Reuters) – British American Tobacco said on Thursday it expects full-year revenue growth of between 2% and 4% at…
UK labour market loses more momentum in November: REC survey
LONDON (Reuters) – Britain’s labour market cooled noticeably last month, with demand for staff and pay growth easing, and staff…
Google to merge mapping service Waze with maps products teams
By Juby Babu (Reuters) – Google said on Thursday it will merge teams working on mapping service Waze and products…
Corporate travel propels boom in sustainable aviation fuel
By Jamie Freed SYDNEY (Reuters) -A growing number of companies are making bulk purchases of sustainable aviation fuel (SAF) to…
Israeli bank regulator predicts profit slowdown after 2022 gains
By Steven Scheer TEL AVIV (Reuters) -Israeli bank profits will slow somewhat next year after a robust 2022, the country’s…
Bank of England to add 50 bps to Bank Rate on Dec. 15; peak at 4.25% in Q2: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will add another 50 basis points to Bank Rate next…