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Big central banks are starting to cut rates, slowly

Big central banks are starting to cut rates, slowly

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving m..

EU new car sales rise 4.3% in June, industry body ACEA says

EU new car sales rise 4.3% in June, industry body ACEA says

By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3% in June to their highest since J..

Standard Chartered boosts private bank team with 14 new hires

Standard Chartered boosts private bank team with 14 new hires

HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong..

BYD to introduce three more car models to Vietnam market

BYD to introduce three more car models to Vietnam market

HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more models to the Vietnamese market this October and plans..

Asian stocks slide on rising trade tensions, yen climbs

Asian stocks slide on rising trade tensions, yen climbs

Asian stocks slide on rising trade tensions, yen climbs By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday,..

Samsung agrees to acquire British startup Oxford Semantic for AI

Samsung agrees to acquire British startup Oxford Semantic for AI

SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup spec..

Britain’s new government must act fast to meet 2030 climate target, say advisers

Britain’s new government must act fast to meet 2030 climate target, say advisers

By Susanna Twidale LONDON (Reuters) – The new Labour government will have to act fast to get Britain back on track to meet its 2..

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude sto..

Factbox-The King’s Speech: A guide to the new UK government’s proposed laws

Factbox-The King’s Speech: A guide to the new UK government’s proposed laws

By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out its first package of proposed laws on Wednesday as..

Yen jumps on possible intervention, sterling hits one-year high

Yen jumps on possible intervention, sterling hits one-year high

By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another in..