Australian $100 billion pension fund says active in Japan, neutral on China
By Lewis Jackson and Praveen Menon SYDNEY (Reuters) – Australia’s third largest pension fund will stay active in Japanese markets…
August 2023
Bayer says guidance cut driven by Crop Science, Pharma
By Ludwig Burger FRANKFURT (Reuters) -Bayer said on Tuesday that last month’s cut to its full-year earnings target was mainly…
Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report
By Akshita Toshniwal (Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales…
Moody’s downgrades US banks, warns of possible cuts to others
By Lananh Nguyen and Juby Babu (Reuters) – Moody’s cut credit ratings of several small to mid-sized U.S. banks on…
German inflation eases to 6.5% in July
BERLIN (Reuters) – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data. German consumer…
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON (Reuters) – Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and…
WeWork rival IWG’s half-year profit surges on high demand, improved pricing
By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in…
Cryptoverse: All eyes on ChatGPT-maker’s Worldcoin
By Elizabeth Howcroft (Reuters) – Worldcoin has no problem attracting eyeballs. More than 2.2 million people have signed up, getting…
India bars makers of military drones from using Chinese parts
By Krishn Kaushik NEW DELHI (Reuters) – India in recent months has barred domestic manufacturers of military drones from using…
China’s July exports fall 14.5% y/y, imports down 12.4%
(Reuters) – China’s exports fell 14.5% in July year-on-year, while imports contracted 12.4%, customs data showed on Tuesday, in the…