UBS goes on hiring spree for wealth managers catering to rich Americans
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich…
July 3, 2023
French manufacturing’s June contraction not as bad as first forecast -PMI
PARIS (Reuters) – France’s manufacturing sector continued contracting in June, according to a monthly survey, although the decline was not…
World Bank, WTO chiefs seek to reignite services trade negotiations
GENEVA (Reuters) – The heads of the World Bank and the World Trade Organization on Monday called for countries to…
Glencore proposes to buy remaining stake of PolyMet
(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining…
Global factory output slumps as weak demand weighs
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory activity slumped in June, business surveys showed on Monday, as…
Pakistan shares see biggest one-day gain in 15 years post IMF deal
By Ariba Shahid KARACHI (Reuters) – Pakistan’s benchmark share index scored its biggest single-day jump in 15 years on Monday,…
Hong Kong May retail sales rise 18.4%, sees support from local consumption
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier in the sixth consecutive month…
Germany plans $18.1 billion in new borrowing for 2024 – sources
By Holger Hansen and Maria Martinez BERLIN (Reuters) -German Finance Minister Christian Lindner is planning 16.6 billion euros ($18.1 billion)…
UK economy shrank slightly less than thought in 2020: ONS
By David Milliken LONDON (Reuters) – Britain’s economy shrank fractionally less than previously estimated in 2020 when the COVID-19 pandemic…
Panasonic needs four more EV battery plants, executive says
By Miho Uranaka OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to…