By Xie Yu SINGAPORE (Reuters) -Citigroup Inc will wind down its consumer banking business in China in a move that…
Exclusive-U.S. to remove some Chinese entities from red flag list soon, U.S. official says
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The Biden administration plans to remove some Chinese entities from a red…
JPMorgan, Citi and BNP invest in risk management provider Acin
By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the…
British American Tobacco closes Swiss plant, lays off 226 -paper
ZURICH (Reuters) – British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the…
Analysis-Investors bet Fed will blink if recession hits despite ‘higher for longer’ mantra
By Davide Barbuscia and David Randall (Reuters) – Some investors believe an expected recession will force the Federal Reserve to…
Marketmind: Thank you, next
A look at the day ahead in European and global markets from Ankur Banerjee With the market on edge after…
Ford, China’s CATL considering building U.S. battery plant -Bloomberg
(Reuters) – Ford Motor Co and China’s Contemporary Amperex Technology Co Ltd (CATL) are considering building a battery plant in…
Japan extends long trade deficit run, slow Chinese demand stokes worry
By Tetsushi Kajimoto and Mariko Katsumura TOKYO (Reuters) -Japan logged a trade deficit for a 16th straight month in November…
Exclusive-U.S. defence companies in talks to sell Vietnam helicopters, drones -sources
By Francesco Guarascio HANOI (Reuters) -U.S. defence firms have discussed supplying military gear, including helicopters and drones, to Vietnam in…
Chief of Mexico’s Mifel says it is still in bidding process for Citibanamex
MEXICO CITY (Reuters) – Mexico’s Banca Mifel is still in the bidding process for Citigroup’s Mexican retail bank Citibanamex, Mifel’s…