News

Euro zone inflation picks up to ECB target
Euro zone inflation edged up last month to the European Central Bank's 2% target, confirming that the era of runaway prices ...
South African factory mood improves slightly but is still depressed, survey shows
A gauge of South African manufacturing sentiment showed signs of improvement in June, reaching its second-highest level this ...
China's market regulator approves ANA's takeover of Nippon Cargo with conditions
China's market regulator said on Tuesday it has approved All Nippon Airways' (ANA) acquisition of Nippon Cargo Airlines (NCA) ...
Barclays appoints new chief operating officers
Barclays on Tuesday said chief operating officer Alistair Currie will leave the bank, to pursue roles on the boards of other ...
India's IPO market eyes $2.4 billion in offerings in July as confidence rebounds
Indian firms could raise some $2.4 billion through IPOs in July, investment bankers said, raising hopes of a sustained ...
UK factory downturn shows signs of easing, morale ticks up, PMI shows
Britain's manufacturing sector showed some signs of turning a corner in its long slump and businesses pushed up their prices ...
Italy's Leonardo becomes biggest shareholder of Finland's SSH with stake purchase
Italy's Leonardo will buy a 24.55% stake in Finland's SSH , making it the latter's biggest shareholder as it expands its ...
IMF cuts growth economic forecast for Switzerland, highlights trade risks
The International Monetary Fund cut its growth forecast for the Swiss economy in its latest report on Tuesday, citing ...
China ready to discuss tariffs and subsidies with US at WTO
China is ready to have discussions about trade policies, including tariffs and subsidies, that Washington has identified as ...
Central Chinese cities fight floods unleashed by record rain
A record summer downpour in China's central province of Hubei dumped more than a month's worth of rain in just 12 hours on the city of Xianfeng, prompting authorities on Tuesday to move 18,000 people ...
BNP Paribas completes AXA IM acquisition, in talks with supervisors on capital hit
BNP Paribas said on Tuesday it had completed the takeover of AXA Investment Managers and was still discussing with ...
Pirates aim to extend blowout binge against Cardinals
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