EM portfolios see $22 billion foreign inflow in June -IIF
NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since…
Business
Factbox-Germany unveils strategy on China, trade partner and rival
(Reuters) – Germany on Thursday passed its long-awaited China strategy after months of wrangling within Chancellor Olaf Scholz’s three-way coalition…
Cinepolis exec Eduardo Acuna to become Cineworld CEO
(Reuters) – Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will…
UK food price inflation to be 9% in December, industry researcher cautions
LONDON (Reuters) – Food price inflation in Britain will decline through the balance of 2023 but will still be about…
Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour…
UK faces long-term debt surge risk but pressure growing now – budget office
By William Schomberg LONDON (Reuters) -Britain’s public debt could surge to more than 300% of annual economic output by the…
Virgin Galactic to launch second commercial space flight next month
(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in…
Musk’s Twitter sues four Texas entities for data scraping, seeks damages
(Reuters) -Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that…
Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff…
Exclusive-Ivory Coast halts cocoa forward sales as rains hit production
By Ange Aboa ABOISSO, Ivory Coast (Reuters) – Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024…