(Reuters) -U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged[...]
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June 30, 2024
China’s June factory activity contracts again, services slows
By Joe Cash, Ellen Zhang BEIJING (Reuters) -China’s manufacturing activity fell for a second month in June while services activity slipped to a five-month low, an official survey showed on Sunda[...]
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks[...]
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Morning Bid: New quarter, same old China PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian market trading on Monday kicks off the new week, quarter and second half of the year with investors’ focus loc[...]
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Atos reaches deal with creditors on debt restructure terms
PARIS (Reuters) -French technology company Atos (ATOS.PA) reached an agreement with a group of banks and bondholders on terms for its debt restructuring, the company said on Sunday. The restructuring[...]
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‘Inside Out 2’ hits $1 billion at global box office
(Reuters) – Pixar movie “Inside Out 2” has crossed the $1 billion mark at the worldwide box office in less than three weeks of release, reaching that level in the fastest time of any[...]
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Deutsche Bank appoints Laura Padovani to management board
FRANKFURT (Reuters) – Deutsche Bank said on Sunday that it was appointing Laura Padovani to the management board responsible for compliance and for preventing financial crime, adding a woman to[...]
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US prosecutors meeting with Boeing, crash victims as criminal charging decision looms, sources say
By Mike Spector and Chris Prentice NEW YORK (Reuters) -U.S. prosecutors are meeting with Boeing and fatal-crash victims’ relatives as a July 7 deadline looms for the Justice Department to decide[...]
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Australia home prices keep climbing on tight supply
SYDNEY (Reuters) – Australian home prices rose in June for a seventeenth straight month, as tight supply outweighed demand-side pressures of high interest rates, a cost of living squeeze and tig[...]
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