Evergrande’s overdue results show steep losses, liabilities
By Clare Jim HONG KONG (Reuters) -China Evergrande Group, the world’s most indebted property developer, posted a combined loss of…
Economy
European shares slip as Richemont, China data drag
By Amruta Khandekar, Shreyashi Sanyal and Shristi Achar A (Reuters) -European shares fell on Monday as Richemont led a slide…
Space investments stay flat in Q2 as market shows signs of stabilization – report
By Akash Sriram (Reuters) – Investments in space startups stayed flat in the second quarter, a positive sign for a…
Yellen does not see recession in U.S. – Bloomberg interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress…
Russian inflation expectations jump to 11.1% with rate decision imminent
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households climbed to 11.1% in July from 10.2% in…
Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal
ZURICH (Reuters) – A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders,…
Evergrande’s long-delayed 2021, 2022 results show significant losses
HONG KONG (Reuters) – Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021…
Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by 500 basis points…
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to…
India’s fight against inflation far from over – RBI bulletin
By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the…