HONG KONG, August 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese game giant pivots into the global games market, four sources with direct knowledge of the matter told Reuters. Sources say China’s largest social network and game company, which … Read more
Image of a shopper wearing a mask at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS / Mario Anzuoni Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, August 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers … Read more
Bailiff orders 122 banking institutions operating in Luxembourg to freeze Ecuadorian assets Ecuador to issue Luxembourg-listed bonds in 2020 debt overhaul Some bondholders received interest payments due on July 31 LONDON, Aug. 1 (Reuters) – A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador in Luxembourg accounts due to a dispute over … Read more
HSBC reverts quarterly dividend from 2023 In order to attract investors with a higher return target Asian business analyst has huge risk London shares rise 6% LONDON / SINGAPORE, August 1 (Reuters) – HSBC (HSBA.L) pushed back proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to split lenders, a move Europe’s biggest … Read more
The Alibaba Group logo is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S., August 3, 2021. REUTERS / Andrew Kelly / File Photo Sign up now for FREE unlimited access to Reuters.com Register August 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it … Read more
The PayPal app logo is seen on a mobile phone in this illustration October 16, 2017. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to Reuters.com Register JAKARTA, July 30 (Reuters) – Indonesia has blocked search engine site Yahoo, payment company PayPal (PYPL.O) and some gaming sites for not complying … Read more
July 29 (Reuters) – Alibaba Group Holding Ltd (9988.HK)is on a list of Chinese companies that could face delisting, the US Securities and Exchange Commission said on Friday, pushing the e-commerce giant’s shares down about 9%. in midday trading. Alibaba is among more than 270 New York-listed Chinese companies identified as being at risk of … Read more
The MSCI World Index rose 0.3%; nearly 6% in the month The dollar fell 0.5% against a basket of major peers Markets bet US slowdown to rein in rate tightening LONDON/SINGAPORE, JULY 29 (Reuters) – Global stocks rose on Friday, their best month of course since late 2020 as traders bet a weakening US economy … Read more
Chairman of the United States Senator Joe Manchin (D-WV) attends a U.S. Senate Energy and Resources Committee hearing on Capitol Hill in Washington, U.S., July 19, 2022. REUTERS/Elizabeth. Frantz / File Photo Sign up now for FREE unlimited access to Reuters.com Register WASHINGTON, July 28 (Reuters) – U.S. President Joe Biden’s campaign trail promises to … Read more
July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) Expected to announce Ulrich Koerner as its new chief executive, the Swiss bank’s latest leadership has left the Swiss bank as it struggles to recover from a series of scandals. confused, two sources familiar with the situation said Tuesday. Pressure has been mounting on CEO Thomas … Read more