Oil Surges As OPEC+ Surprise Output Target Cuts Shake Markets
By Noah Browning LONDON (Reuters) – Oil prices surged on Monday, posting their biggest daily rise in nearly a year,…
Airbus In Talks For New China Jet Order Ahead Of Macron Visit
By Tim Hepher and Michel Rose PARIS (Reuters) – European planemaker Airbus is negotiating a new round of plane orders…
Chinese Lenders Focus On Risk Management Amid Global Banking Crisis
BEIJING (Reuters) – China’s top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese…
UK’s Cineworld Terminates Sale Process For U.S., UK Businesses
(Reuters) – Movie chain operator Cineworld Group said on Monday it has terminated the sale process for its U.S., UK…
Asia’s Factory Activity Weakens As Global Demand Falters
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity weakened in March as soft overseas demand hurt output, surveys showed…
China’s March Factory Activity Falters As Post-COVID Bounce Fades
BEIJING (Reuters) – China’s sprawling manufacturing sector, accounting for a third of the world’s second-largest economy by value, lost momentum…
Mitsubishi UFJ To Postpone AT1 Bond Issuance In Credit Suisse Fallout
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc will postpone the issuance of Additional Tier-1 (AT1) bonds to mid-May or…
Nomura Names Rudolf Hitsch North Asia Head Of Wealth Management
HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as…
Oil Jumps $5/bbl As Surprise OPEC+ Output Cuts Jolt Markets
By Florence Tan SINGAPORE (Reuters) – Oil prices jumped about $5 a barrel on Monday’s open, jolted by a surprise…
Tesla Posts Record Quarterly Deliveries After Price Cuts, Up 4% From Q4
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales…