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
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
Bank of America redeploys 40 Asia bankers as China dealmaking stalls
HONG KONG Bank of America Corp has told around 40 bankers in Asia to look for new roles
2023-05-25 17:18
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
Which companies are leaving Russia and which are staying? Here's a look
More than 500 companies have suspended their business in Russia, and a similar number have withdrawn completely
2023-05-25 14:52
Companies find it's not so simple to leave Russia; some quietly stay put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 14:50
Erdogan party split on economic plan as Turkey runoff looms, sources say
By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey's runoff presidential election, there is disagreement and
2023-05-25 13:48
Thailand’s Move Forward Says 19 Senators Backing Pita’s PM Bid
Thailand’s Move Forward party said more than a dozen senators have pledged support for Pita Limjaroenrat’s bid to
2023-05-25 13:20
Expect big crowds for the summer travel season -- and big prices, too
The unofficial start of the summer travel season is here, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms
2023-05-25 12:19
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:22
DeSantis White House launch derailed by glitches
Republican Ron DeSantis kicked off his 2024 presidential campaign Wednesday with a live event opposite Twitter boss Elon Musk that descended into farce as it...
2023-05-25 07:49
DeSantis Joins 2024 Presidential Race Leaning on Culture Wars
Ron DeSantis officially launched his long-awaited 2024 presidential campaign Wednesday, signaling he will lean into culture war issues
2023-05-25 07:17