DAVOS, Switzerland (Reuters) – China’s opening up is important for the world and there is good news from market friendly…
Davos 2023: Saudi finance minister says China ‘very important’, U.S. ‘strategic partner’
DAVOS, Switzerland (Reuters) – Saudi Arabia’s finance minister said on Wednesday that China “is very important for Saudi” and its…
Takeaway sees stronger profitability in 2023 despite Q4 orders slump
AMSTERDAM (Reuters) -Just Eat Takeaway.com NV, Europe’s largest meals delivery company, said on Wednesday that its orders fell in the…
China reports big jump in foreign capital inflows on reopening bets
SHANGHAI (Reuters) – Overseas investors increased their holdings of Chinese bonds in December, snapping a record 10-month spate of outflows,…
Yellen says U.S., China must communicate on economic issues, work to avoid conflict
ZURICH (Reuters) – U.S. Treasury Secretary Janet Yellen told Chinese Vice Premier Liu He in Zurich on Wednesday that the…
Barry Callebaut pares back targeted volume growth
ZURICH (Reuters) -Barry Callebaut announced a new lower three-year guidance for sales volumes growth on Wednesday, citing a return to…
Burberry seeing “very promising” signs from China reopening
LONDON (Reuters) – British luxury brand Burberry is seeing “very promising” signs in China so far this month after the…
Microsoft to cut thousands of jobs across divisions – reports
(Reuters) -Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and…
ECB’s Villeroy reaffirms determination to get inflation down to around 2% -Bloomberg TV
PARIS (Reuters) – European Central Bank (ECB) member Francois Villeroy de Galhau reaffirmed on Wednesday his determination to bring inflation…
Bank of Korea chief sees trade-offs in its policy setting in 2023
By Choonsik Yoo SEOUL (Reuters) -South Korea’s central bank chief said on Wednesday it will have to pay attention to…