Markets

Britain and the European Union need to make progress on EU financial market access given that the coronavirus crisis will make it even harder to cope with potential disruption if there is no agreement, banking lobby AFME said on Monday.

Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday, ahead of a highly-anticipated update due later in the week on the government's support for the economy through the coronavirus crisis.

PARIS: China's Huawei is not totally banned from France's next-generation 5G wireless market, but French operators using them will only get limited licences, the head of the national cybersecurity agency told Les Echos newspaper on Sunday (Jul 5). The comments were the latest development in the ...

Domestic saving, already depressed, is headed deep into negative territory, says Stephen S. Roach.

NEW YORK: Berkshire Hathaway Inc said its energy unit will buy Dominion Energy Inc's natural gas transmission and storage network for US$4 billion, helping billionaire Chairman Warren Buffett reduce his conglomerate's cash pile while letting Dominion focus on utilities operations. The transaction ...

Berkshire Hathaway Inc said its energy unit will buy Dominion Energy Inc's natural gas transmission and storage network for US$4 billion, helping billionaire Chairman Warren Buffett reduce his conglomerate's cash pile while letting Dominion focus on utilities operations.

LONDON: A British consortium formed by a group of aerospace, automotive and engineering firms to build ventilators for the country's health service said on Sunday (Jul 5) it would end after delivering over 13,000 devices. VentilatorChallengeUK said its production had more than doubled the stock of ...

BUENOS AIRES: Argentina will make creditors an improved offer and extend negotiations on restructuring US$66 billion in debt through the end of August, President Alberto Fernandez said on Sunday (Jul 5). "The new offer will be made known today. It will be open until the end of August. It...

BEIJING: Luckin Coffee Inc Chairman Charles Zhengyao Lu has been ousted by shareholders from the embattled coffee chain, just days after a proposal to remove him failed to get board approval, Bloomberg News reported on Sunday (Jul 5), citing Chinese web portal 163.com. Three other board directors ...

Luckin Coffee Inc Chairman Charles Zhengyao Lu has been ousted by shareholders from the embattled coffee chain, just days after a proposal to remove him failed to get board approval, Bloomberg News reported on Sunday, citing Chinese web portal 163.com.