In The Background, Inditex Heiress Sets Tone For Zara Revamp
By Corina Pons and Helen Reid MADRID (Reuters) – A year into chairing the world’s biggest fashion retailer, Marta Ortega…
March 2023
Huawei Posts Slump In Annual Profit But Ekes Out Revenue Growth
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies Co Ltd said net profit slumped last year, as the…
BMW Bets On Design And Recycling, Not Mining, To Lower Battery Costs – Finance Chief
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -BMW is betting on efficient design and recycling to bring down battery…
UK Economy Avoids Recession After Growing In Q4 – ONS
LONDON (Reuters) – Britain’s economy grew in the fourth quarter of last year, official data showed on Friday, with a…
Japan To Restrict Chipmaking Equipment Exports As It Aligns With US China Curbs
TOKYO (Reuters) -Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology…
Oil Down Marginally Amid Uncertainty Over Imminent US Economic Data
By Sudarshan Varadhan BEIJING (Reuters) -Oil prices were very slightly down in Asian morning trade on Friday as bullish sentiment…
World Bank Raises 2023 Growth Outlook In Developing East Asia As China Reopens
By Xinghui Kok (Reuters) – Growth in the developing economies of East Asia and the Pacific will accelerate in 2023…
Oil Rises As China Factory Activity Expansion Lifts Demand Hopes
By Sudarshan Varadhan SINGAPORE (Reuters) – Oil prices climbed in early Asian trade on Friday as sentiment was boosted by…
China’s JD.com To Spin Off Industrial, Property Units In $1 Bn Hong Kong Floats
By Twinnie Siu and Scott Murdoch (Reuters) -E-commerce firm JD.com Inc is planning to spin off its property and industrial…
Citigroup hires BofA Merrill’s head Andy Sieg to lead wealth unit
By Lananh Nguyen and Jaiveer Shekhawat (Reuters) -Citigroup Inc hired Andy Sieg to lead its global wealth arm, the lender…