SLB flags slowing N.America demand; international lifts profit
By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the…
July 2023
Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering…
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told…
Russia to restart FX interventions next month based on rainy day funds
(Reuters) – Russia’s central bank said on Friday it would resume foreign exchange interventions based on its National Wealth Fund…
China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to…
California has enough power during heat wave after Thursday emergency
(Reuters) – California’s power grid operator said it does not plan to ask consumers to conserve power on Friday after…
World Bank’s IFC considers $1.5 billion in investments in Ukraine banking, farming, infrastructure
By Olena Harmash KYIV (Reuters) -The World Bank’s private investment arm is considering $1.5 billion in investments in Ukraine’s banking,…
Soft Canadian retail sales data point to slowing economy
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales underperformed expectations in May and were likely unchanged in June, data…
Hong Kong’s golfers gird up for battle as housing policy threatens famed course
By Clare Jim HONG KONG (Reuters) -Golfers have stepped up their fight to stop the Hong Kong government from taking…
Generali’s TUA Assicurazioni draws foreign bid interest
By Amy-Jo Crowley and Valentina Za LONDON/MILAN (Reuters) – A number of international groups are in the running to buy…