Siemens CEO says customers looking outside China for new investments
ZURICH (Reuters) – Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and…
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India, Japan, US, Australia hold first Malabar naval exercise off Australia
By Kirsty Needham SYDNEY (Reuters) – India, Japan, the United States and Australia will hold the Malabar navy exercise off…
Japan wholesale inflation slows again, bolstering case for stimulus
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s wholesale inflation eased for a seventh month in July as pressure from high global…
Analysis-ECB is on back foot and for once it’s down to Germany
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank is on the back foot again and this time the…
Analysis-US military mission in Niger in focus after coup
By Idrees Ali and Daphne Psaledakis WASHINGTON (Reuters) – Last month’s coup in Niger has raised questions over whether the…
Refiners make hay as global profit margins rebound
By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON (Reuters) – Global refiners are raking in hefty gains, fuelled…
India’s RBI holds rates steady but eyes food price spike; signals tighter policy
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -The Reserve Bank of India held its key lending rate steady on…
Hapag-Lloyd net profit dives 67% in H1, maintains outlook
By Vera Eckert FRANKFURT (Reuters) -German container shipper Hapag-Lloyd on Thursday posted net profit of 2.9 billion euros ($3.18 billion)…
China home appliance maker Midea studying potential HK listing
By Scott Murdoch (Reuters) – Chinese home appliance maker Midea Group said on Wednesday it is studying a potential listing…
Disney hikes streaming prices, focuses on costs as Iger moves to reassure investors
By Dawn Chmielewski (Reuters) -Walt Disney CEO Bob Iger acknowledged that the entertainment company faces a “challenging environment” in the…