Author Archives: Syndicated Content
African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia's invasion of Ukraine, but Sou...
May 24, 2023
Shanghai invites GM to boost investment, R&D in city
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday. Shanghai looked forward to General ...
May 24, 2023
UBS will have ‘incredibly high bar’ on Credit Suisse staff it takes on – chairman
(Reuters) - UBS will have an "incredibly high bar" on investment banking staff it takes on from Credit Suisse following the merger, UBS Chairman Colm Kelleher said on Wednesday. Kelleher told a WSJ ev...
May 24, 2023
UK students seek go-ahead for lawsuit over COVID, strikes disruption
By Sam Tobin LONDON (Reuters) - Thousands of university students asked London's High Court on Wednesday to give the go-ahead to a mass lawsuit against University College London (UCL) over disruption t...
May 24, 2023
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) - April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday, with economists saying young people in particular were keener to try their luc...
May 24, 2023
IMF’s Georgieva confident US will not default on debt
By Andrew Mills DOHA (Reuters) - The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday she was confident the United States would avoid a debt default. T...
May 24, 2023
Jilin Jinguan electric to build road between Iran and Russia for new energy facilities
BEIJING (Reuters) - Shenzhen-listed Jilin Jinguan Electric Co Ltd signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the constructions of new energy facilities, it ...
May 24, 2023
PacWest shares extend recovery on sale of real-estate lending unit
(Reuters) - Shares of PacWest Bancorp climbed 6.4% in premarket trading on Wednesday after the U.S. mid-sized lender agreed to sell its property lending unit in the second asset sale this week to bols...
May 24, 2023
Exclusive-Russian hypersonic scientist accused of betraying secrets to China – sources
By Filipp Lebedev, Lucy Papachristou and Mark Trevelyan LONDON (Reuters) - The director of a top Russian science institute, arrested on suspicion of treason along with two other hypersonic missile tec...
May 24, 2023
Soccer-Argentina to visit Indonesia for national team friendly
JAKARTA (Reuters) - World Cup winners Argentina will visit Indonesia next month for a friendly against its national team, its top football official said on Wednesday, in a boost for a country that has...
May 24, 2023
