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…
BMW CFO: still in a position to achieve good prices for our cars
BERLIN (Reuters) – BMW is still in a position to achieve good prices for its cars, the company’s chief financial…
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…