Commerzbank doubles quarterly profit, helped by higher interest rates
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday that its net profit nearly doubled in…
May 2023
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock…
Japan embraces G7’s gas support but companies may face long-term problems
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) – Japan’s energy companies were quick to embrace the G7’s…
China’s BYD Beefs Up Autonomous Driving Credentials With New Unit, Hiring Spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows…
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows…
‘Losing our best’: activists killed in war seen as blow to Ukraine’s future
By Dan Peleschuk KYIV (Reuters) – Investigative journalist Oleksandr Tsakhniv spent much of his professional life trying to uncover corruption…
Explainer-Can Ukraine use Patriot defense systems to knock out Russian hypersonic missiles?
(Reuters) – Ukraine said on Tuesday that it downed six Russian hypersonic Kinzhal missiles in a single night, in what…
U.S. Debt Drama And Data Hoist Dollar
By Tom Westbrook SINGAPORE (Reuters) – The dollar held firm on Wednesday, as traders trimmed bets on imminent U.S. rate…
UBS says it was rushed into unwanted Credit Suisse rescue merger
By Kane Wu HONG KONG (Reuters) – UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG…
China’s home prices rise at slower pace as demand ebbs
BEIJING (Reuters) – China’s new home prices rose for the fourth straight month in April but at a slower pace,…