Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Great Wall Motor says rival BYD failing on hybrid emissions
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China's regulators against BYD, it said on Thursday, claiming its
2023-05-25 17:48
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:45
Blockchain.com CEO says US default would hit crypto initially
By Andrew Mills DOHA A U.S. government default would trigger an initial pull-back from crypto currencies followed by
2023-05-25 17:29
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:15
Deaths Soar on Everest After Record Number of Climbers Attempt Summit
The latest climbing season on Mount Everest, the world’s highest peak, is set to become one of the
2023-05-25 16:51
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Sony chip business to buy land in Kumamoto, Japan
TOKYO (Reuters) -Sony Group Corp said on Thursday its chip business would buy land in the western Japanese prefecture of
2023-05-25 16:19
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:48
China Stocks Rout Extends as Traders Rush to Sell Before Holiday
Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings
2023-05-25 14:57
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:16