Exclusive-Siemens Gamesa Weighs Around 2,500 Job Cuts – Sources
By Isla Binnie and Christoph Steitz MADRID/FRANKFURT (Reuters) – Wind turbine maker Siemens Gamesa is considering cutting around 2,500 jobs,…
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Estee Lauder In Talks To Acquire Tom Ford Brand – WSJ
(Reuters) – Cosmetics maker Estee Lauder Cos Inc is in talks to acquire luxury brand Tom Ford in what could…
Leasing Volume In Manhattan Hits Pandemic High In July
NEW YORK (Reuters) – Leasing volume for Manhattan office space reached a pandemic-era high in July, good news for the…
Oil Outshines Stocks And Dollar In 2022
By Ahmad Ghaddar LONDON (Reuters) – Oil prices are proving resilient to global economic recession fears and have outperformed major…
Wall Street Set To Open Lower Ahead Of July Factory Activity Data
By Devik Jain and Aniruddha Ghosh (Reuters) -U.S. stock indexes were set to open lower on Monday following a strong…
Inflation Begins To Strain Finances Of Young, Low-income Americans
By Elizabeth Dilts Marshall NEW YORK (Reuters) -As high inflation forces Americans to spend more on gas and bills, young…
Alibaba striving to maintain US listing amid delisting fears
HONG KONG (AP) — Chinese e-commerce firm Alibaba said Monday that it wants to keep its shares listed in both…
HSBC Set To Pay Some UK Staff 1500 Pounds To Combat Cost Of Living Crisis
By Lawrence White LONDON (Reuters) – HSBC will pay some of its British workforce a one-off payment of 1500 pounds…
HSBC Says Conflict Of Interest Probably Prevents Appointing Ping An To Board
LONDON (Reuters) – HSBC is unlikely to appoint an executive of its biggest shareholder Ping An Insurance Group of China…
European Shares Rise As Banks, HSBC Offset Weak Data
By Bansari Mayur Kamdar (Reuters) -European shares edged up on Monday as a jump in banking stocks after HSBC’s strong…