Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank
By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -New Chinese bank loans tumbled far more sharply than expected in April,…
May 2023
Prada’s first-quarter sales up 22% on strong Asia, Europe growth
MILAN (Reuters) -Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion),…
Buoyed by sale of small state assets, Ukraine eyes bigger sell-off
By Olena Harmash KYIV (Reuters) – Ukraine raised record proceeds from selling small state assets in the first quarter of…
Peloton backpedals to near record low after bike recall
NEW YORK (Reuters) – Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low…
TuSimple gets Nasdaq delisting notice for failing to file quarterly report
(Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to…
JPMorgan CEO Dimon says bank is convening a ‘war room’ on debt ceiling
NEW YORK (Reuters) -JPMorgan Chase & CO CEO Jamie Dimon said on Thursday the bank is convening weekly meetings to…
Italy discusses break-up rescue for Eurovita – sources
MILAN (Reuters) – Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled…
Disney Shares Fall On Jitters Over Streaming Subscriber Losses
By Aditya Soni (Reuters) -Walt Disney Co shares fell more than 8% on Thursday as a surprise drop in streaming…
Fed headed for a pause, then rate cuts, traders bet
By Ann Saphir SAN FRANCISCO (Reuters) -A jump in jobless claims reported Thursday, along with weaker-than-expected wholesale price pressures, have…
Labor unions ask UN body to probe Starbucks’ use of legal loopholes
By Hilary Russ NEW YORK (Reuters) – Labor unions on Thursday asked a United Nations agency to investigate whether gaps…