By Marc Jones LONDON (Reuters) – The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil…
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday,…
China’s digital yuan stands out in cross-border pilot in a show of global ambition
By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China’s digital yuan took the centre stage in the world’s…
Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top…
Volvo Cars’ quarterly operating profit falls as higher costs bite
By Marie Mannes (Reuters) -Swedish automaker Volvo Cars said on Thursday it expects lower wholesale volumes this year after it…
Spain’s unemployment rate rises edges up to 12.67% in Q3
(Reuters) – Spain’s unemployment rate crept up to 12.67% in the third quarter from 12.48% the previous quarter while overall…
Samsung defies chip downturn with aggressive supply and capex plans
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics said on Thursday its supply of memory chips will…
Carlsberg CEO says inflation could hit beer sales in 2023
COPENHAGEN (Reuters) – Danish brewer Carlsberg has seen little evidence of rising inflation hitting beer sales, but that could change…
S.Korea moves again to ease credit crunch sparked by Legoland developer default
By Cynthia Kim SEOUL (Reuters) – South Korea’s central bank announced more measures on Thursday to improve liquidity in the…
Rouble gains as central bank set to end rate-cutting cycle
(Reuters) – The Russian rouble climbed in early morning trading on Thursday, a day before the central bank is due…