economy

Germany may take part in Lufthansa capital increase – report

Germany is leaning towards participating in a planned 3 billion euro capital increase at Lufthansa (LHAG.DE) to limit a dilution…

4 years ago

Wall St set to open higher ahead of key economic data this week

The latest leg of a surge in so-called "meme stocks" stood out in early moves on Wall Street on Wednesday,…

4 years ago

StanChart unit to launch cryptocurrency trading platform

A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting…

4 years ago

Saudi Aramco in talks with banks for new bond sale – sources

Saudi Arabian oil group Aramco (2222.SE) is in talks with banks for a U.S. dollar-denominated bond issue, two sources said,…

4 years ago

As unpredictable Games looms, Japan’s sponsors struggle to adapt

With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know…

4 years ago

Tesla to buy more than $1 bln of Australian battery minerals a year

Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given…

4 years ago

China holds economic talks with second top U.S. official in a week

Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his…

4 years ago

Australia’s economy booms to pre-pandemic levels as consumers, businesses spend

Australia’s economy raced ahead last quarter as consumers and businesses spent with abandon, lifting output back above where it was…

4 years ago

Stocks near highs on recovery bets as oil extends rally above $70

Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global…

4 years ago

Activist fund asks French watchdog to probe Vivendi’s music spin-off

Activist fund Bluebell has asked France's markets regulator to look into disclosures by media company Vivendi (VIV.PA) around its Universal…

4 years ago