By Leika Kihara and Takahiko Wada TOKYO/GIFU, Japan (Reuters) -Bank of Japan board member Toyoaki Nakamura said on Thursday it was premature to tighten monetary policy, as recent increases in inflatio[...]
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August 31, 2023
Microsoft to unbundle Teams from Office in bid to allay EU antitrust concerns
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the U.S. compan[...]
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UBS sees around 3,000 redundancies integrating Credit Suisse in Switzerland – CEO
ZURICH (Reuters) – UBS expects around 1,000 jobs to go from integrating Credit Suisse’s Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over th[...]
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Japan’s Suntory Beverage sees Australia as model for canned cocktail expansion
(This Aug.30 story has been corrected to show that factory is under construction; products include soft drinks, and not BOSS coffee, in paragraph 4) By Mayu Sakoda and Rocky Swift TOKYO (Reuters)[...]
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Australian gig workers to get right to negotiate minimum pay, conditions
By Lewis Jackson SYDNEY (Reuters) – Australian gig workers will be able to negotiate for minimum pay and conditions under a new law to be introduced next week in parliament by the centre-left La[...]
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Nearly 70% of Japan firms yet to outline better capital efficiency plans
By Makiko Yamazaki TOKYO (Reuters) -Nearly 70% of companies listed on the top “prime” section of the Tokyo Stock Exchange (TSE) have yet to respond to the bourse’s call for better ca[...]
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UBS reports second-quarter profit of $28.875 billion
ZURICH (Reuters) – UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter, in its first earnings results since it took over Credit Suiss[...]
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Marketmind: Markets brace for EU, US inflation data blitz
A look at the day ahead in European and global markets from Brigid Riley A slew of economic data is set to roll out on Thursday, including preliminary euro zone CPI numbers and U.S. personal consumpti[...]
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Thai July factory output falls more than forecast as exports slump
BANGKOK (Reuters) – Thailand’s factory output shrank slightly more than expected in July as sluggish global demand pinched exports, a ministry official said on Thursday. The manufacturing[...]
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