By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – Chinese brokerages are in a race to raise billions of…
UK property market weakest since 2010 as uncertainty weighs: RICS
By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as…
Davos 2023: Moderna CEO says he wants to have mRNA factory on every continent
DAVOS, Switzerland (Reuters) – Moderna chief executive Stephane Bancel said he would like to have factories making vaccines based on…
U.S. dollar advances vs major currencies as risk appetite fades
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gaining safe-haven…
Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about…
European shares extend winning streak on earnings boost
By Bansari Mayur Kamdar and Ankika Biswas (Reuters) – European shares marked their longest winning streak since November 2021 on…
Richemont, Burberry optimistic about China luxury sales
By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Luxury retailers Richemont and Burberry said they were optimistic that consumers…
Analysis-BOJ has markets bracing for more bond, FX turmoil as shift seen inevitable
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -A seismic policy shift by Japan’s central bank is still a matter…
Davos 2023: Convert offices to homes to curb housing crisis-panel
LONDON (Reuters) – Empty offices globally should be converted to apartments to address a growing housing crisis in many countries,…
Who’s to blame? Jet delivery delays spark penalties battle
By Tim Hepher and Padraic Halpin DUBLIN (Reuters) – A battle for compensation is brewing over delays in the delivery…