By Xie Yu and Carolina Mandl HONG KONG/NEW YORK (Reuters) – Some holders of Country Garden offshore bonds are in talks with law firm Ashurst to form a group to consider options if the Chinese pr[...]
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September 13, 2023
Fly responsibly? Airlines face a storm over climate claims
By Toby Sterling and Joanna Plucinska AMSTERDAM/LONDON (Reuters) – When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental imp[...]
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ABB CEO says no plans to scale back China investments
ZURICH (Reuters) – ABB is still confident about the Chinese market despite a weaker than expected post-COVID recovery and does not plan to scale back its investments in the country, Chief Execut[...]
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US factory booms strengthen MUFG’s dominance in project finance – senior exec
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – A U.S. factory construction boom driven by tax credits in the Inflation Reduction Act (IRA) is helping Mitsubishi UFJ Financial Group (MU[...]
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SEC sues Virtu Financial for misleading customers about security of their information
By Jonathan Stempel and Chris Prentice NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, a broker-dealer that handles 25% of all market orders placed by[...]
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Asia apparel hubs face $65 billion export hit from extreme weather, study shows
By Tommy Wilkes LONDON (Reuters) – Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and[...]
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Australia High Court rules Qantas illegally fired workers in pandemic
By Byron Kaye and Roushni Nair SYDNEY (Reuters) -Australia’s top court on Thursday ruled Qantas Airways broke the law by sacking 1,700 ground staff and replacing them with contractors early in t[...]
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Explainer-What can Australia’s labour tribunal do in Chevron’s dispute with LNG workers?
By Lewis Jackson and Renju Jose SYDNEY (Reuters) – Chevron has asked Australia’s Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natura[...]
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China’s central bank vows to support demand, price rebound
BEIJING (Reuters) -China’s central bank will boost demand and support a modest rebound in prices, the Financial News, a publication run by the People’s Bank of China (PBOC) said on Wednesd[...]
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