Moody’s cuts ratings of Chinese developer Country Garden
(Reuters) – Ratings agency Moody’s on Thursday downgraded Chinese developer Country Garden’s corporate family rating (CFR) to Caa1 from B1,…
Updated
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China…
Biden orders ban on certain US tech investments in China
By Karen Freifeld, Andrea Shalal and David Shepardson NEW YORK/WASHINGTON (Reuters) -President Joe Biden on Wednesday signed an executive order…
Typhoon Khanun lashes southern Japan, South Korea, another storm looms
TOKYO/SEOUL (Reuters) -Flights were cancelled and trains halted on Wednesday as heavy rain from Typhoon Khanun pounded southern regions of…
Hawaii wildfires kill 36 as ‘apocalypse’ hits Maui island resort city
By Marco Garcia KAHULUI, Hawaii (Reuters) -At least 36 people have died after wildfires, fanned by winds from a faraway…
Biden highlights economic transformation at New Mexico wind tower plant
By Nandita Bose BELEN, New Mexico (Reuters) -U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday…
Thyssenkrupp flags new cost cuts to regain investor confidence
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp on Thursday flagged a new cost-cutting programme to raise its…
Siemens sees weakening demand trends as Q3 misses forecasts
By John Revill ZURICH (Reuters) -Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday,…
Entain sets aside 585 million stg for potential settlement over bribery probe
(Drops reference to tax authorities in paragraph 1) (Reuters) -British gambling firm Entain said on Thursday it had set aside…
Analysis-Turkish inflation to keep soaring, testing patience with Erdogan’s U-turn
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – Turks will get little reprieve from a soaring cost of living…