(Reuters) – Ladbrokes-owner Entain on Monday agreed to acquire U.S.-based Angstrom Sports for 122 million pounds ($159.5 million) as it looks to widen its footprint in the country. The acquisiti[...]
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Business
China’s frail Q2 GDP growth raises urgency for more policy support
By Kevin Yao and Joe Cash BEIJING (Reuters) -China’s economy grew at a frail pace in the second quarter as demand weakened at home and abroad, with the post-COVID momentum faltering rapidly and[...]
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Fashion retailer H&M to launch in Brazil
COPENHAGEN (Reuters) -Fashion retailer H&M will launch stores and online trade in Brazil in 2025, the company said on Monday. H&M opened its first store in Latin America in Mexico in 2012, and[...]
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Analysis-For markets, BoE communication is bottom of the class
By Yoruk Bahceli (Reuters) – As markets navigate a likely end to the steepest interest rate rises in decades, investors say the Bank of England has been less consistent in its messaging than oth[...]
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Marketmind: Bland China data leaves market hungry for stimulus
A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is about the best that can be said of China’s data dump today. The Q2 GDP number of +0.8% q/q jus[...]
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Australia’s Endeavour shares hit record low as poker machine regulations land
By Byron Kaye and Himanshi Akhand (Reuters) – Shares of Endeavour Group, Australia’s biggest pub owner, hit a record low on Monday after a surprise state government decision to impose iden[...]
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China June property sales fall at fastest clip this year
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property sales between June and May showed the largest monthly drop this year, based on sales by floor area, and investment in pro[...]
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S.Korea central bank warns of financial stability risk as debts rise
SEOUL (Reuters) – South Korea’s central bank said on Monday there was a need to manage financial stability in addition to price risks as the country’s high household debts have start[...]
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China’s June industrial output rises 4.4%, retail sales up 3.1%
BEIJING (Reuters) – China’s industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID ec[...]
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