Investing

U.S. banks finally see upturn in credit-card borrowing

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a…

3 years ago

Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion – sources

Qatar has picked Exxon Mobil Corp , TotalEnergies SE (TTEF.PA), Shell (SHEL.L) and ConocoPhillips (COP.N) as partners in the expansion of the world's largest liquefied…

3 years ago

Exclusive: Didi pursues EV stake, aiming to emerge from regulatory shadows

China's Didi is in talks with state-backed Sinomach Automobile (600335.SS) to buy a third of its electric-vehicle unit, two sources said, signalling…

3 years ago

Exclusive: Under Biden, China has widened trade lead in much of Latin America

China has widened the gap on the United States in trade terms in large swathes of Latin America since U.S.…

3 years ago

Exclusive: UniCredit widens search for buyers to sell out of Russia

Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up…

3 years ago

Australia’s central bank raises rates by 50 bps in hawkish surprise

Australia's central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come…

3 years ago

Exclusive: Citigroup to hire 3,000 in Asia institutional banking business in growth push

Citigroup Inc (C.N) plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its…

3 years ago

Explainer: Russia walks the plank to a foreign bond default

Russia's failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another…

3 years ago

Exclusive: UniCredit widens search for buyers to sell out of Russia

Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up…

3 years ago

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after…

3 years ago