Wall St ends lower after bank rating cuts spark wider sell-off
By David French (Reuters) – All three major Wall Street benchmarks finished lower on Tuesday in a broad sell-off after…
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Rahul Gandhi rips into Indian PM Modi over Manipur violence
By YP Rajesh NEW DELHI (Reuters) – Indian opposition leader Rahul Gandhi on Wednesday mounted a scathing attack on Prime…
Struggling Chinese graduates return to hometowns as job market sags
By Ella Cao, Ryan Woo BEIJING (Reuters) -A growing number of Chinese graduates are abandoning the bright lights of the…
Sony quarterly profit tumbles as movie business disappoints
By Sam Nussey TOKYO (Reuters) -Japan’s Sony logged a hefty drop in first-quarter profit, hurt in part by a weaker…
Marketmind: U.S. stocks try to outrun the gloom
A look at the day ahead in U.S. and global markets by Harry Robertson It’s been a tough little patch…
Explainer-Why Germany’s property sector is in the dumps
By Tom Sims FRANKFURT (Reuters) -Germany has long benefited from an era of cheap money that fuelled a decade-long boom…
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due…
US reports big interest in $52 billion semiconductor chips funding
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed…
Bottler Coca-Cola HBC lifts sales outlook
By Radhika Anilkumar (Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices…
PE firm KKR acquires $373 million portfolio of Synovus Bank’s prime auto loans
(Reuters) – Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans…