By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an e[...]
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April 30, 2023
Regulators auction First Republic; deal expected by Sunday
By Chris Prentice, Saeed Azhar, Lananh Nguyen and Paritosh Bansal (Reuters) – U.S. regulators are trying to clinch a sale of First Republic Bank over the weekend, with roughly half a dozen banks[...]
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UBS looks to bring Naratil back and mulls Swiss bank spin-off – NZZ
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spin[...]
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Adidas wants to ‘double down’ on U.S. market – regional head tells WSJ
FRANKFURT (Reuters) – Adidas, which has come under pressure after ending its lucrative Yeezy shoe partnership with Kanye West, is trying to grab a bigger slice of the U.S. sports market, the gro[...]
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Tesla Models S, X unavailable in some Asia-Pacific countries, website shows
(Reuters) – Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website[...]
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