(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through…
Canadian home sales fall 3% in January
TORONTO (Reuters) – Canadian home sales fell 3% in January from December and were down 37.1% on an annual basis,…
Onions put Philippines in a stew over food price inflation
By Enrico Dela Cruz and Adrian Portugal MANILA (Reuters) – Putting quality over profit during inflationary times, Manila restaurant manager…
MJ Hudson’s CEO resigns after auditing woes deepen
(Reuters) -MJ Hudson Group Plc said on Wednesday Chief Executive Matthew Hudson had resigned with immediate effect, days after the…
New York factory activity contracts less than expected in February, NY Fed says
(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted…
Private equity firm TPG’s Q4 earnings drop 26% on lower asset sales
By Chibuike Oguh NEW YORK (Reuters) – TPG Inc said on Wednesday that its fourth-quarter distributable earnings fell 26% year-on-year…
Bond euphoria grinds to a halt as inflation lingers
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Just like that, euphoria in the world’s biggest bond markets has…
Resurgent China to drive 2023 oil demand, supply shortfall possible in H2 -IEA
By Noah Browning LONDON (Reuters) -China will make up nearly half of this year’s oil demand growth after it relaxed…
Gucci China, US slump pushes Kering sales down 7%
By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) – Sales at French luxury group Kering fell 7% in the fourth…
Barclays docks execs’ pay by 1 million pounds over regulatory failures
By Iain Withers LONDON (Reuters) -Barclays has docked the pay of some top executives by a combined 1 million pounds…