By Kane Wu and Selena Li HONG KONG (Reuters) -Citigroup Inc has laid off at least 10 people in its equities research department in Asia Pacific this week, two sources with knowledge of the matter said[...]
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March 27, 2024
H&M proposes Helena Saxon replaces Niklas Zennstrom on its board
STOCKHOLM (Reuters) – Swedish fashion retailer H&M said on Wednesday its nomination committee proposes Helena Saxon as a new board member. H&M said in a statement that Saxon, current chi[...]
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Hawkish BOJ policymaker calls for ‘slow but steady’ interest rate hikes
By Leika Kihara and Takahiko Wada TOKYO/AOMORI, Japan (Reuters) -The Bank of Japan must proceed “slowly but steadily” toward normalising its ultra-loose monetary policy, a hawkish board me[...]
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Racial tensions cost Germany Inc. skilled foreign labour
By Christoph Steitz and Sarah Marsh CHEMNITZ, Germany (Reuters) – Manager Joerg Engelmann says he has pulled out all the stops to attract skilled foreign workers to his chemical engineering comp[...]
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Exclusive-Software industry calls for more UK Government support
By Martin Coulter LONDON (Reuters) – Britain’s government has been urged to provide more support for the software industry with measures including tax incentives and talent visas. More tha[...]
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Up to 10 companies bid for Deutsche Bahn’s Schenker, Handelsblatt reports
BERLIN (Reuters) – Between seven and 10 companies have made non-binding offers for Schenker, the logistics subsidiary of German national rail company Deutsche Bahn, the Handelsblatt business dai[...]
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BOJ must support economy with easy policy, says Governor Ueda
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday it was important to support the economy with accommodative monetary policy for the time being. “Japan’s medium-[...]
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Morning Bid: Yen on intervention watch, Riksbank awaited
A look at the day ahead in European and global markets from Kevin Buckland A gradual tick lower in currency markets would not normally ruffle many feathers, but the yen’s tentative foray to the[...]
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Thai PM says economy needs a boost, weighs funding options for $13.7 billion handout plan
BANGKOK (Reuters) – Thai Prime Minister Srettha Thavisin said on Wednesday the economy had problems and needed a boost from a signature handout scheme worth 500 billion baht ($13.7 billion), for[...]
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