By Selena Li HONG KONG (Reuters) -China’s new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and avoid breachi[...]
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Europe
Analysis-HSBC dumps London tower for smaller office as real estate reckoning unfolds
By Iain Withers and Chiara Elisei LONDON (Reuters) – HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visib[...]
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BIS warns world economy at critical juncture in inflation fight
By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world econ[...]
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US judge signals he is ready to hold auction of Citgo assets
By Gary McWilliams HOUSTON (Reuters) -A U.S. judge on Monday signaled he was prepared to go ahead with selling Venezuela-owned oil refiner Citgo Petroleum’s assets to satisfy creditor claims whi[...]
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US stocks slip, crude gains on Russia tensions, rate hike worries
By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering con[...]
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Kering snaps up fragrance label Creed for new beauty division
By Mimosa Spencer PARIS (Reuters) – Gucci owner Kering said on Monday it had struck a deal to buy high-end French fragrance label Creed, its first acquisition since flagging intentions earlier t[...]
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Dollar edges off 15-month high vs rouble as Russia eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gain[...]
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Oil prices inch higher after political turmoil in Russia
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be ex[...]
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KPMG to cut 5% of US jobs in fresh round of layoffs
(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with historically low attrition,” a spokesperson for the Big Four acco[...]
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