Commerzbank doubles quarterly profit, helped by higher interest rates
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday that its net profit nearly doubled in…
Business
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock…
Japan embraces G7’s gas support but companies may face long-term problems
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) – Japan’s energy companies were quick to embrace the G7’s…
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows…
Explainer-Can Ukraine use Patriot defense systems to knock out Russian hypersonic missiles?
(Reuters) – Ukraine said on Tuesday that it downed six Russian hypersonic Kinzhal missiles in a single night, in what…
UBS says it was rushed into unwanted Credit Suisse rescue merger
By Kane Wu HONG KONG (Reuters) – UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG…
China’s home prices rise at slower pace as demand ebbs
BEIJING (Reuters) – China’s new home prices rose for the fourth straight month in April but at a slower pace,…
Marketmind: Are we there yet? Market holds breath for debt ceiling deal
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the…
Japan’s prime minister to meet with top chip firms
TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as early as…
No Singapore Airlines group A320neos with Pratt engines grounded – exec
SINGAPORE (Reuters) – None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are…