Tag: Reuters: Money News

Global stock markets gained on Monday as investors pinned their hopes on stimulus that’s expected from the world’s central banks to support slowing growth.   -Reuters: Money News

Britain’s economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit … Read More

A consortium led by Singapore’s state investor GIC Pte Ltd has agreed with Vietnam’s largest conglomerate Vingroup JSC to buy a stake in one of the latter’s units for $500 … Read More

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time … Read More

British Airways (BA) pilots began a two-day strike on Monday, grounding nearly all of its flights and disrupting thousands of passengers in a dispute over pay.   -Reuters: Money News

A cooperation agreement between OPEC and non-OPEC countries on curbing oil supply is continuing and the United Arab Emirates has no plan to leave it, the UAE energy minister told … Read More

The growing economic fallout from President Donald Trump’s drawn-out trade war with China would appear to be a ready-made opportunity for Democratic presidential contenders seeking to blunt his central 2020 … Read More

Office space provider The Executive Centre (TEC) has paused its sale process over fears that its large Hong Kong exposure could weigh on its valuation as sometimes violent protests continue … Read More

Asia’s spot premium for 380-centistoke (cst) high-sulphur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner marine fuels next year to meet … Read More

German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years – a line of body creams specially for tattooed skin – as it seeks … Read More