(Reuters) – TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world’s…
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report…
Google pauses enforcing proprietary billing system in India after antitrust order
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Alphabet Inc’s Google is pausing the enforcement of a policy that…
Bertelsmann: plans to appeal ruling on Penguin Random House book merger
BERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would…
Russian rouble edges lower as month-end tax support passes
MOSCOW (Reuters) – The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began…
ECB must keep raising rates even if recession risks rise, Lagarde says
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability…
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
By Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer…
Explainer-India central bank’s policy committee meets to discuss first inflation target miss
By Swati Bhat MUMBAI (Reuters) – Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its…
Credit Suisse confirms shareholder meeting for capital hike
ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23…
CIFI’s suspended debt repayments add to China’s property woes
By Clare Jim HONG KONG (Reuters) -Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all…