Alibaba’s Hong Kong shares slump on SoftBank’s stake sale report
By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all…
Business
Biden’s subdued reaction to OPEC+ cuts foreshadows economic slowdown, carries risk
By Jarrett Renshaw and Andrea Shalal WASHINGTON (Reuters) -When OPEC+ made a surprise decision earlier this month to cut oil…
Volkswagen calls for delay in implementation of new EU emissions standards to 2026
BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at…
Uniqlo parent raises full-year outlook; sees China recovering
By Eimi Yamamitsu (Reuters) – Uniqlo parent Fast Retailing Co Ltd reported a 16% jump in first-half profit and lifted…
Global bank stress has had ‘muted’ impact on Canada – BoC’s Macklem
By Steve Scherer and Ismail Shakil (Reuters) -The banking stress in the United States and Europe has had a limited…
Twitter taps eToro to let users trade in stocks, crypto
(Reuters) -Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access…
Russian court rules against Volkswagen asset freeze
By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating…
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather…
Core inflation to start improving before summer break – ECB’s Nagel
WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European…
L&G’s fund arm to back climate votes at U.S., Canadian banks
By Simon Jessop LONDON (Reuters) -Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would…