ZURICH (Reuters) -Credit Suisse profitability could be hit by a drop in asset management fees in the fourth quarter, the…
BNP Paribas profit tops forecast despite higher costs, debt markdown
By Silvia Aloisi and Matthieu Protard PARIS (Reuters) -BNP Paribas, the euro zone’s biggest lender, posted a higher than expected…
China says U.S. has ‘no right’ to interfere in Hamburg port deal
BEIJING (Reuters) – The U.S has “no right” to interfere in Chinese cooperation with Germany, China’s foreign ministry said Thursday,…
WhatsApp launches Communities group organizer feature
BENGALURU (Reuters) -WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as…
UK services slump at fastest pace since early 2021 – PMI
LONDON (Reuters) – The biggest downturn since January 2021 hit British services companies last month, although it was not as…
China Evergrande chairman’s Hong Kong mansion seized by bank
HONG KONG (Reuters) -A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave…
Malaysia central bank delivers fourth straight rate rise as inflation risks persist
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank delivered a fourth consecutive rate hike on Thursday as it sought…
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL (Reuters) -Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday,…
VW’s SEAT says is optimistic in finding solutions on Spain’s subsidy offer
MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with…
ECB should hike interest rates further to combat inflation, Nagel says
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel…