By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company see[...]
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July 16, 2023
Marketmind: Will China GDP spoil the party?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The macro and market week in Asia starts with a bang on Monday, with a ra[...]
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Moscow takes control of Russian subsidiary of Danone and Carlsberg’s stake in brewer
MOSCOW (Reuters) -The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree[...]
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Microsoft signs agreement to keep Call of Duty on Playstation
(Reuters) -Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal t[...]
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UBS to retain EY as auditor after Credit Suisse takeover, Financial Times reports
(Reuters) – UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse’s accounts from 2024, the Financial Times reported on Sunday, citing peo[...]
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Japan finance minister: “No discussion” of exchange rates at G7, Kyodo reports
By Kevin Buckland TOKYO (Reuters) – There was “no discussion” about exchange rates at a meeting of Group of Seven (G7) finance ministers and central bank chiefs, Japanese Finance Min[...]
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Yellen ‘eager’ to work with China on debt, other global challenges
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including[...]
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Credit Suisse inquiry will keep files secret for 50 years
By John Revill ZURICH (Reuters) -A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of s[...]
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Australia expects unemployment rate to rise as global economy slows
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on the back of higher interest rates and slow[...]
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