SVB’s Asian customers who lost deposits remain on the hook for loans – WSJ
(Reuters) – Silicon Valley Bank’s customers in Asia whose deposits were recently seized by the U.S. Federal Deposit Insurance Corp…
Business
ECB hawks argue for more hikes even as Lane opens door to pause
FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come…
AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in…
IMF working on global central bank digital currency platform
By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital…
ECB is data-driven, Sept decision too far off to call – Lane
MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too…
GE says all options on the table over engine for stretched A220
PARIS (Reuters) – GE Chairman and GE Aerospace CEO Larry Culp said on Monday all options were on the table,…
Air taxi maker races to serve Paris Olympics as sector struggles for funds
By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker…
JD.com sales during China shopping festival beat expectations -analysts
By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the…
Chile’s Codelco must kick-start lithium industry while reviving copper output
By Fabian Cambero SANTIAGO (Reuters) – Chilean President Gabriel Boric, seeking to expand the country’s long-stalled lithium industry, has tasked…
EU exec proposes new withholding tax rules to attract investors
By Jan Strupczewski BRUSSELS (Reuters) – The European Commission on Monday proposed changes to the way investors pay withholding tax…