China property giants tumble as cash crunch bites
By Jason Xue and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China’s real estate industry fell to around eight-month…
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Terra Firma founder Guy Hands steps down from company’s helm
LONDON (Reuters) -Guy Hands, one of Britain’s highest profile financiers, has stepped down as chairman of Terra Firma Capital Partners,…
Philips shares retreat after fourth straight drop in order intake
By Diana Mandia (Reuters) -Health technology group Philips posted a fourth straight drop in order intake on Monday and warned…
Spain’s uncertain election result: Five questions for markets
(Reuters) – Spanish shares tumbled on Monday, with markets spooked by the prospect of political gridlock following a snap election…
Before election, UK’s Sunak recommits to housing promises
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Rishi Sunak recommitted on Monday to promises to boost homebuilding by the…
UK firms grow at slowest in 6 months as rate hikes weigh: PMI
By David Milliken LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July,…
Funds build biggest short dollar position since March 2021: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have ramped up their bearish dollar bets by more than $7 billion…
Taiwan’s Foxconn to take 50% stake in ZF axle system unit
BERLIN (Reuters) – Taiwan’s Foxconn will acquire a 50% stake in ZF Group’s axle system assembly unit, creating a joint…
Spanish banks and utilities stocks hit as election unnerves investors
By Amanda Cooper and Jesús Aguado LONDON/MADRID (Reuters) -Spanish blue-chip shares dropped on Monday after a snap general election at…
Mexico’s economy to slow in step with US growth moderation: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth…