China seen cutting key lending benchmarks as economy slows
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in…
Business
Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes…
Eve, Blade to expand ‘flying car’ partnership to Europe
By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to…
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud…
Take Five: Keep calm and raise rates
(Reuters) -The Bank of England is facing a stormy gilts market while Turkey’s new governor is expected to ramp up…
ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a…
Cathay Pacific to hire cabin attendants from mainland China from July
HONG KONG (Reuters) – Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin…
Rio Tinto iron ore train derailed at weekend in Western Australia
MELBOURNE (Reuters) -Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that…
Marketmind: Ready for more rate hikes, and one cut
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s…
Their parents made China the world’s factory. Can the kids save the family business?
By David Kirton RUICHANG, China (Reuters) – When Steven Du took over his parents’ factory producing temperature control systems in…