
China's new central bank governor faces daunting tasks
Pan Gongsheng's appointment comes after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said highlighted Beijing's urgency to bolster the country's slowing economy and stem the yuan's slide.
2023-07-26 14:51

Rio Tinto posts lowest H1 profit in 3 years on weak iron ore prices, cuts dividend
(Reuters) -Rio Tinto slashed its interim dividend on Wednesday as the miner reported its lowest first-half underlying earnings in three
2023-07-26 14:50

NatWest Bank CEO ousted after furor over politician Nigel Farage's bank account
NatWest, one of Britain’s biggest banks, says its chief executive has left her job after discussing personal details of a client — the populist politician Nigel Farage — with a journalist
2023-07-26 14:27

Taiwan's economy seen returning to growth in Q2: Reuters poll
TAIPEI Taiwan's export-dependent economy likely returned to growth in the second quarter thanks to resilient domestic consumption although
2023-07-26 14:24

Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
2023-07-26 14:22

Porsche's iconic 911 to be sole survivor of automaker's combustion models
By Nick Carey LONDON Porsche has a plan to gradually electrify its car lineup so that electric vehicles
2023-07-26 14:21

Aston Martin posts smaller quarterly loss, keeps 2023 forecast
British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss
2023-07-26 14:20

Wind of change picks up for German region's energy sector
Residents of the rural Bavarian village of Schnabelwaid have said "yes" to the installation of wind turbines on the hillside next to their community in a rare win for an...
2023-07-26 14:17

New Zealand, Australia to Explore Shift to ‘Seamless Travel’
New Zealand and Australia are to explore options for more simplified border checks when people travel between the
2023-07-26 13:57

Expat Pay Packages Jump in Singapore, Drop in Hong Kong
The cost of expat pay packages in Singapore climbed 4% last year, while those for foreign workers in
2023-07-26 13:53

UniCredit Lifts Targets for Second Quarter as Profit Surges
UniCredit SpA lifted its full-year targets for a second straight quarter after surging income from lending boosted profit.
2023-07-26 13:52

Japan says sees pick up in business sentiment for the first time in 7 months
TOKYO Business sentiment in Japan is picking up in July on easing supply constraints and the removal of
2023-07-26 13:52