Hong Kong Q2 GDP expands 1.5% y/y
HONG KONG Hong Kong's economy expanded 1.5% in the second quarter from a year earlier, government data showed
2023-08-11 16:53
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:51
Eskom Latest: Utility ‘Confident’ Nuclear Unit Fixed by November
South Africa’s Eskom Holdings SOC Ltd. expects to finish maintenance on the first of two units at its
2023-08-11 16:21
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:15
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 15:52
Travis Scott’s Rome gig condemned by archeologists
Archeologists in Rome have voiced concern about gigs being held at the historic Circus Maximus venue after Travis Scott's gig there on Monday (07.08.23) produced tremors equivalent to a 1.3 magnitude earthquake
2023-08-11 15:25
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:15
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:56
UK economy records surprise growth in second quarter
The UK economy grew in the three months to June 30, compared with the previous quarter, official data showed Friday.
2023-08-11 14:49
Taiwan Frontrunner Plans Low-Key US Trip With China Looming
The Biden administration is preparing for visits from Taiwan’s top presidential candidates in the coming weeks, as the
2023-08-11 14:47
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:29
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
2023-08-11 14:27