Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day…
Business
Nikkei clinches fresh three-decade high as BOJ stands pat
(Reuters) – Japan’s Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered…
Bundesbank sees German economy shrinking this year
FRANKFURT (Reuters) – The German economy, Europe’s biggest, will shrink this year and inflation will stay above 2% at least…
India’s TCS, Transamerica end $2 billion contract due to macro environment
BENGALURU (Reuters) -Indian information technology (IT) company Tata Consultancy Services said on Friday it has mutually agreed with insurance provider…
Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in…
U.S. hotel markets recover from the pandemic; San Francisco an outlier
By Doyinsola Oladipo NEW YORK (Reuters) – A snapshot of 15 major U.S. hotel markets shows that travel to cities…
Exclusive-Manchester United discusses granting exclusivity to Qatari Sheikh in $6 billion-plus sale -sources
By Anirban Sen (Reuters) – English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s…
Odey scandal prompts Wall Street rethink on how to vet hedge funds
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Wall Street firms are poised to reassess how they vet hedge funds,…
Thai stocks flounder in absence of China spark
By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) – Thailand’s stock market has become the symbol of investor disenchantment with…
Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose…