By Suban Abdulla LONDON (Reuters) – Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the B[...]
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Articles
Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a missile that killed two people in Poland may not have been fired from Russia. That comment wil[...]
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South Korean apartment prices drop at steepest pace in two decades
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s housing prices fell at the sharpest rate in at least 19 years in October, adding to expectations the nation’s central ba[...]
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Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder Sam Bankman-Frie[...]
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WTO warns of ‘real’ recession risk in some major economies
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the[...]
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China’s home prices see biggest fall in 7 years, recovery bumpy
BEIJING (Reuters) -China’s new home prices fell at their fastest pace in over seven years in October, weighed down by COVID-19 curbs and industry-wide problems, reflecting a deepening contractio[...]
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India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands
By Aditya Kalra NEW DELHI (Reuters) – India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to[...]
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More ads, paying users help China’s Tencent Music beat Q3 estimates
By Eva Mathews and Josh Ye (Reuters) -Tencent Music Entertainment Corp beat analyst estimates for third-quarter revenue and profit, boosted by a recovery in advertising sales and an increase in the nu[...]
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Oil prices settle higher on Druzhba oil pipeline disruption
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Tuesday and settled higher after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a f[...]
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Japan’s Sept machinery orders unexpectedly fall, raising capex concerns
By Kaori Kaneko TOKYO (Reuters) -Japan’s machinery orders unexpectedly fell in September in a sign the global economic slowdown and higher import costs are weighing on firms’ capital spend[...]
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