LONDON: Britain's economy expanded by a much lower-than-expected 2.1 per cent in August from July as the country tries to recover from its record slump during the coronavirus lockdown, official data showed on Friday (Oct 9). Economists polled by Reuters had expected growth of 4.6 per cent in ...
London Stock Exchange said on Friday it had accepted a 4.325 billion euro (US$5.09 billion) cash offer by pan-European bourse operator Euronext for the Milan stock exchange.
Wall Street banks are on track for a record year of revenue from trading U.S. government-backed mortgage debt, industry sources told Reuters, amid a surge in demand - from the Federal Reserve in its battle against the pandemic, and from investors hunting yield.
Phuket's go-go dancers sit playing on their phones in empty bars lining deserted streets as the Thai tourist island reels from the ravages of the pandemic with little sign of any recovery soon.
Five newly launched Chinese funds targeting Ant Group's upcoming mega stock listing raised 60 billion yuan (US$8.93 billion) cumulatively from more than 10 million retail investors, selling out within days, the funds' distributor said.
TOKYO: Japan has no plans now to issue central bank digital currencies but must deepen research on the possibility, the government's top spokesman said on Friday. Major central banks across the world are studying the idea of issuing digital currencies amid the popularity of Bitcoin and other ...
HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between US$750 billion and US$1 trillion in financing to help clients make the transition, its Chief Executive Noel Quinn told Reuters.
BEIJING: Chinese domestic tourism saw a robust rebound over the just-ended Golden Week holiday, encouraged by China's success in stamping out the novel coronavirus, although levels were still well short of last year. Tourism sites were visited by 637 million domestic tourists over the eight-day ...
Amazon.com Inc has invested 7 billion rupees (US$95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed.
A judge has upheld the majority of Canada's privilege claims over documents sought by lawyers for Huawei Chief Financial Officer Meng Wanzhou in her U.S. extradition case, Canada's justice department said late on Thursday.
