Philippine central bank signals pause in tightening cycle as inflation cools
By Neil Jerome Morales and Enrico Dela Cruz CEBU, Philippines (Reuters) – The Philippine central bank could pause interest rate…
Business
Novartis names Sandoz board members ahead of spin-off
ZURICH (Reuters) – Novartis on Monday named the intended new board members of Sandoz, the generics business it plans to…
Global equity funds see 4th week of outflows on slowdown worries
(This May 12 story has been corrected to change the inflation-linked bonds’ outflows to $125.3 million from $268 billion in…
“Cut the price of baby products”, says Italy’s inflation watchdog
ROME (Reuters) – Italy’s industry minister said on Monday that a cut in sales tax on baby products has not…
Take Five: A summit with a ceiling
(Reuters) -Right now, it’s all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit,…
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover…
Analysis-Tesla’s new car-making process stokes debate among industry experts
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) – Tesla Inc’s new vehicle-assembly system, which created instant buzz when…
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out…
Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record
(Reuters) – Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic…
Former PwC Australia CEO to retire as partner after tax documents leak scandal
By Alasdair Pal SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) said the former CEO of its Australia business, who stepped down just…