By Clare Jim HONG KONG (Reuters) – A Hong Kong court on Monday said it will decide in September on an offshore debt restructuring for embattled property developer China Evergrande Group that cou[...]
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July 24, 2023
Vodafone takes ‘first steps’ in turnaround with top-line improvement
By Paul Sandle LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new C[...]
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Julius Baer H1 profit boosted after UBS, CS tie-up
ZURICH (Reuters) -Swiss wealth manager Julius Baer on Monday reported a jump in money inflows and hiring in the months after it was announced that Credit Suisse would be rescued by larger rival UBS. I[...]
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Hike and then?: Five questions for the ECB
By Naomi Rovnick, Stefano Rebaudo LONDON (Reuters) -The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets[...]
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Euro zone business downturn deepens far more than thought in July -PMI
LONDON (Reuters) – A downturn in euro zone business activity deepened much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell[...]
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Belgian Ryanair pilots to strike again July 29-30
BRUSSELS (Reuters) – Belgian Ryanair pilots have called for a new strike on July 29 and July 30 as management failed to address their demands of higher wages and better working conditions, union[...]
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Analysis-China’s pitch to foreign investors falls flat as incentives dwindle
By Joe Cash BEIJING (Reuters) – China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentiv[...]
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Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy
By Tim Kelly, Karen Freifeld and Kentaro Sugiyama TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chip making tools to align with a U.S. policy restricting China’[...]
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Philips slightly raises 2023 outlook after Q2 core profit beat
(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expected jump in second-quarter core earnings thanks to better supply cha[...]
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