Swiss watchmaker Swatch sues Malaysia for seizure of Pride watches
KUALA LUMPUR (Reuters) -Swiss watchmaker Swatch Group has filed a lawsuit against the Malaysian government for confiscating rainbow-coloured watches that…
Economy
Britain’s Entain to buy U.S.-based Angstrom Sports for $160 million
(Reuters) – Ladbrokes-owner Entain on Monday agreed to acquire U.S.-based Angstrom Sports for 122 million pounds ($159.5 million) as it…
UK CFOs turn wary as inflation and borrowing costs bite: Deloitte
By William Schomberg LONDON (Reuters) – Finance executives at top British firms have turned more cautious in the face of…
Rates surge hits UK wealth, but young people might gain – report
LONDON (Reuters) – The jump in interest rates has wiped more than 2 trillion pounds off household wealth in Britain…
Take Five: Buddy, can you spare a dollar?
(Reuters) -A meeting of global finance ministers, earnings from U.S. companies whose market value exceeds that of some nations’ entire…
China’s frail Q2 GDP growth raises urgency for more policy support
By Kevin Yao and Joe Cash BEIJING (Reuters) -China’s economy grew at a frail pace in the second quarter as…
Fashion retailer H&M to launch in Brazil
COPENHAGEN (Reuters) -Fashion retailer H&M will launch stores and online trade in Brazil in 2025, the company said on Monday….
Indonesia surprises with large trade surplus; rate cuts eyed before year-end
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia recorded a surprisingly large trade surplus of $3.46 billion in June,…
Analysis-For markets, BoE communication is bottom of the class
By Yoruk Bahceli (Reuters) – As markets navigate a likely end to the steepest interest rate rises in decades, investors…
South Korea home prices stabilise in June as buying in Seoul improves
SEOUL (Reuters) – South Korea’s home prices were flat in June, data showed on Monday, as prices in the capital…