Sri Lanka Cabinet Approves Downgrade To ‘low Income Country’
COLOMBO (Reuters) -Sri Lanka’s cabinet has approved a proposal to downgrade the island nation’s economic status to “low income country”,…
2022
Analysis-Musk’s Banks May Have A Way To Cut Losses From Twitter Deal
By Shankar Ramakrishnan and Krystal Hu (Reuters) – Elon Musk’s banks, faced with huge losses on their commitment to finance…
Chinese EV Battery Maker CATL Expects Q3 Profit To Nearly Triple
SHANGHAI (Reuters) – CATL, a Chinese electric vehicle (EV) battery giant, forecast its net profit in the July-September quarter to…
Billionaire Investor Yuri Milner Relinquishes Russian Citizenship
(Reuters) – Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in…
Two Australian Regulators Open Investigations Into Optus After Data Breach
SYDNEY (Reuters) – Two Australian regulators said on Tuesday they have opened investigations into Optus, the country’s No. 2 telecoms…
New Zealand proposes taxing cow burps, angering farmers
WELLINGTON, New Zealand (AP) — New Zealand’s government on Tuesday proposed taxing the greenhouse gasses that farm animals make from…
Morgan Stanley Appoints Badalia As Southeast Asia M&A Head
SINGAPORE (Reuters) – Morgan Stanley has named Rikhit Badalia, a member of its Asia Pacific mergers and acquisitions team, as…
Macro Bets Help Hedge Funds Ride Rough Chinese Markets
By Summer Zhen HONG KONG (Reuters) – The hedge funds that have managed to weather and outperform China’s bumpy stock…
Starbucks Sends Dates, Locations For Bargaining Sessions With Workers Union
(Reuters) -Starbucks Corp said on Monday it has sent dates and locations covering 79 stores for contract bargaining sessions to…
Mongolian Airline’s Boeing 737 MAX Flight In China The First Since 2019 -FlightRadar24
BEIJING/SYDNEY (Reuters) -A Boeing 737 MAX flight by MIAT Mongolian Airlines that landed in Guangzhou on Monday morning was the…