economy

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range,…

5 years ago

Bank of England plans to ‘green’ its corporate bond holdings

The Bank of England set out plans on Friday to make its 20 billion pounds ($28.4 billion) of holdings in…

5 years ago

Bitcoin slips below $40,000 as recovery fades

Bitcoin fell 3% on Friday, giving up early gains, as its recovery from this week's massive plunge showed signs of…

5 years ago

“Pandemic mindset” persists among global consumers – survey

People in the world's leading economies remain overwhelmingly nervous about returning to life as normal, even after having being vaccinated…

5 years ago

EOS Hermes says yet to decide on MUFG climate shareholder resolution

EOS at Federated Hermes has yet to decide if it will back a shareholders' resolution sponsored by activists seeking to…

5 years ago

Cisco forecasts profit below estimates, cites supply chain issues

Cisco Systems Inc (CSCO.O) on Wednesday cautioned that supply chain issues will linger through the end of 2021 and forecast…

5 years ago

Wall Street closes lower after Fed minutes, crypto fall

Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the…

5 years ago

Ahead of jobs miss, some Fed officials edged towards ‘taper’ debate

A "number" of Fed officials appeared ready to consider changes to monetary policy based on a continued strong economic recovery,…

5 years ago

End new oil, gas and coal funding to reach net zero, says IEA

Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions…

5 years ago

Britain clears $44 bln Virgin-O2 merger to take on BT

Britain's competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica's (TEF.MC) UK mobile network O2…

5 years ago