Volkswagen’s efforts to boost valuation stifled by lack of succession plan
By Jan Schwartz and Victoria Waldersee HAMBURG/BERLIN (Reuters) – As Volkswagen regears its strategy around boosting stock market value, investors…
Solomon Islands, Vanuatu consider forming militaries – Australia
By Kirsty Needham SYDNEY (Reuters) – Pacific Islands nations Solomon Islands and Vanuatu are considering forming defence forces and have…
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…
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…
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…
Soccer-US players harness World Cup spotlight for mental health initiative
By Nathan Frandino AUCKLAND (Reuters) – The United States brought the issue of mental wellbeing to the fore at the…