Australian job ads fall for second month in May, ANZ-Indeed data shows
A sales assistant is seen through the window of a retail store displaying a job vacancy sign in central Sydney, Australia, December 5, 2016. Picture taken December 5, 2016. REUTERS SYDNEY, June 2 (Reuters) – Australian job advertisements fell for a second successive month in May in a sign that the tight labour market may […]
Citi names Bank of America veteran Zhang as new China country head
An ATM machine is seen inside a branch of Citibank in Beijing, China, April 18, 2016. REUTERS HONG KONG, June 2 (Reuters) – Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit of its former China head in November. Zhang was also […]
China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong
A car of Baidu’s autonomous ride-hailing service platform Apollo Go drives on a street in Shenzhen, Guangdong province, China July 29, 2022. REUTERS HONG KONG, June 2 (Reuters) – Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn […]
KKR raises conditional offer for German IT services firm Datagroup
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS (Reuters) – Frankfurt-listed IT services provider Datagroup SE (D6HG.DE), said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to […]
Dior picks Jonathan Anderson as creative director, FT reports
A security guard looks out from the store of French luxury goods company Dior on 5th Avenue in New York City, U.S., May 23, 2025. REUTERS June 2 (Reuters) – Northern Irish designer Jonathan Anderson has been named creative director of women’s, men’s and haute couture collections of Dior, replacing Maria Grazia Chiuri who held […]
Steelmakers in South Korea, Vietnam tumble on Trump’s new tariffs
Cranes and shipping containers are seen at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025. REUTERS SEOUL/HANOI, June 2 (Reuters) – Shares in South Korean and Vietnamese steelmakers, major Asian exporters of the metal to the United States, dropped on Monday after U.S. President Donald Trump said he would double tariffs on imported […]
Global airlines trim 2025 profit forecast over trade tensions and supply woes
IATA Director General Willie Walsh looks on during an interview with Reuters in Dubai, United Arab Emirates, June 2, 2024. REUTERS NEW DELHI, June 2 (Reuters) – Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while hitting out at “unacceptable” delays in jetliner deliveries […]
Asia’s factory activity shrinks in May as US tariffs bite
Components made at a factory are pictured in Higashiosaka, Japan June 23, 2022. REUTERS TOKYO, June 2 (Reuters) – Asia’s factory activity shrank in May as soft demand in China and the impact of U.S. tariffs took a heavy toll on companies, private surveys showed on Monday, highlighting the darkening outlook for the once fast-growing region. […]
Playing it smart: Five questions for the ECB
A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 6, 2025. REUTERS LONDON, June 2 (Reuters) – The European Central Bank is tipped to cut interest rates on Thursday, its eighth move this cycle, with traders sensing a pause will then follow as the economy holds up better than anticipated and […]
HSBC to inject $4 billion into its private credit funds
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. REUTERS LONDON, June 2 (Reuters) – Europe’s biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have […]