LONDON (Reuters) – BHP Group’s Chief Executive Mike Henry said on Friday he was “cautiously optimistic” about the economic outlook…
China to ease share financing rules for property-related firms but outlook bleak
SHANGHAI/Beijing (Reuters) -Chinese authorities will ease share financing rules for certain real estate-related firms, fuelling hopes of more measures to…
Orix can invest about $2 billion in Toshiba buyout – Nikkei Business
TOKYO (Reuters) -Orix Corp has decided it could invest about 300 billion yen ($2 billion) in a consortium to buy…
UK watchdog fines Barclays $55 million for fees paid in 2008 fundraising
LONDON (Reuters) -Britain’s Financial Conduct Authority (FCA) said it would fine Barclays 50 million pounds ($55 million) for its failure…
Bleak UK shopping and borrowing data underscore challenge for new PM
By William Schomberg and Ana Nicolaci da Costa LONDON (Reuters) -British shoppers cut their spending sharply last month and their…
Sri Lanka central bank governor sees inflation peaking – Bloomberg News
(Reuters) – Sri Lanka Central Bank Governor Nandalal Weerasinghe thinks inflation in the island nation is peaking, with price rises…
Deliveroo warns on sales growth as consumers tighten belts
By Sarah Young LONDON (Reuters) – British food delivery company Deliveroo warned sales growth would be at the lower end…
Take Five: Westminster woes, Tokyo on yen watch
(Reuters) – The breathtaking pace of political events in Britain is keeping traders on their toes, while Japan is back…
BMW production chief sees improved margins as supply chains stabilise
By Victoria Waldersee and Christina Amann LEIPZIG (Reuters) -BMW production chief Milan Nedeljkovic expects stabilising supply chains to lead to…
Tesla’s Musk says recession could last until 2024
By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla Inc Chief Executive Elon Musk thinks a recession will last until the…