UK government rejects criticism that Brexit has failed
LONDON (Reuters) -Britain’s departure from the European Union has not been a failure, Prime Minister Rishi Sunak’s spokesperson said on…
Economy
AstraZeneca to leave leading U.S. drug lobby group
By Maggie Fick LONDON (Reuters) – AstraZeneca has decided to leave the main U.S. drug lobby group, the Pharmaceutical Research…
Column-Yuan won’t be FX reserve currency if no one buys China’s bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – China’s yuan faces significant long-term obstacles to becoming a global reserve currency of…
Boohoo targets ‘step-change’ in U.S. fortunes with new warehouse
By James Davey LONDON (Reuters) – Struggling British online fashion retailer Boohoo said this year’s opening of a first distribution…
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG (Reuters) – Large Asian hedge funds added Chinese education companies to their portfolios in the…
Airline SAS’s rescue moves closer as court clears fundraising plan
(Reuters) -SAS’s rescue has moved a step closer after a U.S. court approved a revised plan from the Scandinavian airline…
Buying Teck’s coal unit as a standalone a ‘distant second’ for Glencore – CEO
LONDON (Reuters) – Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck…
Thales, Gol ink deal to move maintenance services to Brazil
By Gabriel Araujo SAO PAULO (Reuters) – France’s Thales SA will provide maintenance services for Brazilian airline Gol in Brazil…
South Africa’s unemployment rate rises amid power crisis
By Kopano Gumbi PRETORIA (Reuters) – South Africa’s unemployment rate rose in the first quarter after declining for four consecutive…
Microsoft wins EU antitrust approval for Activision deal vetoed by UK
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision on…