HANOI (Reuters) – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading…
Euro zone credit growth rises again, despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in…
Santander’s higher provisions and costs overshadow Q3 beat
By Jesús Aguado MADRID (Reuters) – Higher loan loss provisions in some of Santander’s key markets, such as Brazil and…
India orders Google to allow third-party payments, slaps on another fine
By Praveen Paramasivam and Aditya Kalra NEW DELHI (Reuters) -Alphabet Inc’s Google should not restrict app developers from using third-party…
Puma lagging behind inflation with its price increases – CEO
BERLIN (Reuters) – Puma is lagging somewhat behind inflation with its price increases, said the German sportswear maker’s chief executive,…
Mercedes-Benz to quit Russian market, sell shares to local investor
BERLIN/MOSCOW (Reuters) – Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial…
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the…
Audi partners with Swiss Sauber for Formula One
FRANKFURT/LONDON (Reuters) – Audi said on Wednesday it has agreed to take a stake in Swiss-based Sauber Group, whose team…
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) – China’s top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on…
Australia’s Medibank says data of 4 million customers accessed by hacker
By Shashwat Awasthi and Lewis Jackson (Reuters) -Medibank Private Ltd, Australia’s biggest health insurer, said on Wednesday a cyber hack…