Vanesa Cotlar works from home. She’s done so since March when the COVID-19 pandemic hit and the specialty retail software company she works for, iQmetrix, sent its Winnipeg employees home, […]
Sabadell has held informal contacts, but no actual talks, on potential tie-ups, sources say
MADRID, Sept 10 (Reuters) – Spain’s Sabadell has been holding exploratory talks over the summer with BBVA and Santander about a potential tie-up without entering so far into formal negotiations, […]
UPDATE 2-South African Airways needs state cash next week -administrators
(Adds government comment) JOHANNESBURG, Sept 10 (Reuters) – South African Airways needs short-term funding from the government by the end of next week for the state carrier’s business rescue process […]
UPDATE 1-U.S. consulate in Hong Kong sells property for $331 mln
(Adds comments of buyer, consulate, details; paragraphs 2,3,5-8) By Clare Jim and Twinnie Siu HONG KONG, Sept 10 (Reuters) – The United States consulate in Hong Kong has sold a […]
Glassmaker Baccarat enters receivership as ownership battle rages
PARIS, Sept 8 (Reuters) – French fine crystal glassmaker Baccarat said it had entered receivership, after the purveyor of chandeliers and tableware to royalty for more than two centuries was […]
Samsung-led tech rally boosts S.Korea shares for second session
* KOSPI rises, foreigners net sellers * Korean won edges up against against U.S. dollar * South Korea benchmark bond yield falls * For the midday report, please click SEOUL, […]
Japan's economy shrinks more than first estimated in Q2; heightens woes for new leader
TOKYO (REUTERS) – Japan’s economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the coronavirus crisis, highlighting the challenge policymakers face in […]
UPDATE 2-South African power cuts worsen on cold weather, breakdowns
(Adds power cuts to continue throughout this week) JOHANNESBURG, Sept 2 (Reuters) – South African state power utility Eskom ramped up power cuts on Wednesday, as cold weather caused a […]
PSA and South Korea's HMM form joint venture for container terminal operations in Singapore
SINGAPORE – South Korea’s flagship shipper HMM has become the sixth container line to enter into a joint venture for container terminal operations in Singapore with port operator PSA. Their […]
GLOBAL MARKETS-Stocks tumble on tech weakness, dollar gains
(Updates with close of European markets) * Stocks fall on tech sell-off * Dollar adds to gains, euro retreats to $1.18 * U.S. initial jobless claims rise less than expected […]