UK’s high inflation cools, offering some relief to Bank of England
By William Schomberg and Andy Bruce LONDON (Reuters) -Britain’s high rate of inflation fell by more than expected in June…
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Consolidation in wealth management industry to accelerate, Citi survey finds
By Xie Yu HONG KONG (Reuters) – Consolidation within the global wealth management sector will speed up while managers continue…
Active shooter threat at Ford’s Kansas City plant not credible, officials say
(Reuters) -Ford’s Kansas City assembly plant in Claycomo, Missouri was evacuated on Tuesday after a report of an active shooter,…
Truck maker Volvo’s quarterly profit surges, beats estimates
By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarter adjusted operating…
Singapore opposition members quit in latest political shake-up
SINGAPORE (Reuters) – Two senior members of Singapore’s largest opposition party quit on Wednesday after admitting to an inappropriate relationship,…
Australia’s Westpac splits consumer and business banking unit into two
(Reuters) – Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with…
Analysis-China’s bad first half gets investors hopeful and interested
By Jason Xue and Tom Westbrook (Reuters) – China’s disappointing first half has the economy ripe for some help, and…
Thai recovery intact, policy tightening will be gradual – cenbank chief
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic recovery is intact and gradual policy tightening will help underpin…
Myanmar’s education system in ‘crisis’ as rebellion rages on, says World Bank
(Reuters) – After violence erupted in Myanmar in the wake of the 2021 coup, most high school students in the…
Chinese tourists brave scorching heat to see ‘Flaming Mountains’
BEIJING (Reuters) – Tourists flocked to China’s scenic Flaming Mountains this week to experience searing high temperatures amid punishing heatwaves…