Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Middle East asset manager Investcorp eyes up to $550 million in first China yuan fund
By Roxanne Liu and Kane Wu BEIJING (Reuters) - Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion to 4 billion yuan ($274 million-$548 million) for its first private equit...
Nov 14, 2023
Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
BEIJING (Reuters) - China has ordered its local governments to halt public-private partnership projects identified as "problematic" and replaced a 10% budget spending allowance for these ventures with...
Nov 14, 2023
UK wage growth edges down but stays close to record high
LONDON (Reuters) - British wages grew slightly less fast in the three months to September but remained close to their record pace, according to official data that will do little to ease the Bank of En...
Nov 14, 2023
Analysis-How an executive’s arrest struck a blow to Japan-China business
By Yukiko Toyoda, Kiyoshi Takenaka and Laurie Chen TOKYO/BEIJING (Reuters) - If Japanese Prime Minister Fumio Kishida meets Chinese President Xi Jinping for the first time in a year later this week, h...
Nov 14, 2023
Apple supplier Foxconn posts surprise rise in quarterly profit
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smart consumer electronics ahead of the year-end holiday ...
Nov 14, 2023
Cryptoverse: Bitcoin miners make money ahead of ‘halving’
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin miners are making hay while the sun shines. The business has been yanked out of the doldrums by the cryptocurrency's recent rally - and no...
Nov 14, 2023
Shared mobility to make up 7% of all urban journeys by 2030 – report
By Catarina Demony LISBON (Reuters) - Shared mobility, from ride-hailing services to electric scooters, will make up 7% of all urban transport journeys globally by 2030, up from 3% currently, accordin...
Nov 14, 2023
Factbox-The automakers and suppliers pushing to cut rare earths from EVs
LONDON (Reuters) - A growing number of automakers and suppliers are working on electric vehicle (EV) motors that either do not contain rare earths or dramatically reduce the use of materials that are ...
Nov 14, 2023
Automakers’ drive to avoid China’s EV rare earth dominance gathers speed
By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) - The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear, with European, U.S. and Ja...
Nov 14, 2023
UniCredit CEO Orcel’s ‘bank of Europe’ ambition tough to realise
By Valentina Za MILAN (Reuters) - UniCredit Chief Executive Andrea Orcel struck a defiant tone when his bank recently topped profit forecasts for an 11th consecutive quarter. Investors who trusted the...
Nov 14, 2023
