Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It’s not just the heatwave. UK…
Economy
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) – Hong Kong interbank rates rose across all tenors on Friday, with the overnight…
Mexico, EU leaders pledge quick trade deal update, says Mexican president
MEXICO CITY (Reuters) -Mexico and the European Union agreed to quickly finalize an updated free trade deal, Mexican President Andres…
Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote…
China encourages private firms to participate in key supply chain projects
BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific…
Bankman-Fried to get second trial on bank fraud, bribery counts
By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Thursday granted a request from prosecutors to try some of…
Cheap ‘like cabbage’ apartments in some Chinese cities draw buyers, and caution
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments…
US banking regulator seeks bids for Silicon Valley Bank’s German assets
(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to…
Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service…
Ticketmaster, others agree to upfront, all-in prices as part of Biden war on junk fees
By Jarrett Renshaw (Reuters) – Ticketmaster and other companies have agreed to offer consumers upfront, all-in pricing, the White House…