Story on Shein’s IPO plans withdrawn
(Reuters) -The June 29 story on Shein has been withdrawn because it incorrectly stated that the China-founded online retailer had…
Business
Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank
MOSCOW (Reuters) – RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion…
Airbus trials new wing designs in technology race with Boeing
By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology…
German firm sees U.S. getting lion’s share of 100 billion euro military fund
By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up…
Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the…
Yen firms amid intervention chatter, trading subdued on US holiday
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained…
UK’s Hunt backs regulator to ensure banks pass on better rates to savers
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks…
Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of…
Central bank surprises see June become bumper 2023 rate hike month
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number…
What people are saying about China’s chipmaking export controls
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the…