Thames Water secures $962 million from investors but says it will need more
Investors in Thames Water have agreed to put an extra £750 million ($962 million) of equity funding into the troubled utility to hold off a temporary takeover by the government.
1970-01-01 08:00
New Delhi schools close after monsoon floods kill at least 15, Pakistan on alert for more flooding
Schools in New Delhi have closed after heavy monsoon rains battered the Indian capital, caused landslides and flash floods in the country’s north and killed at least 15 people over the last three days
1970-01-01 08:00
China's factory gate prices fall at fastest pace in 7 years
China's factory-gate prices fell at the fastest pace in over seven-and-a-half years in June, while consumer inflation was at its slowest since 2021, adding to the case for policymakers to use more stimulus to revive sluggish demand.
1970-01-01 08:00
China's deflation pressure builds as consumer prices falter
BEIJING (Reuters) -China's producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered
1970-01-01 08:00
Ukraine tops NATO summit agenda along with defense plans, Sweden's membership and Belarus fears
Russia’s war on Ukraine tops the agenda when U.S. President Joe Biden and his NATO counterparts meet on Tuesday and Wednesday
1970-01-01 08:00
Westpac hires RBA assistant gov Luci Ellis as chief economist
SYDNEY Australia's central bank is set to lose a top official to the private sector amid a broader
1970-01-01 08:00
China's state planner holds meeting with private firms, including Baidu
(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING China's state planner
1970-01-01 08:00
What people are saying about Ant Group's $984 million fine and share buyback
China's Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well
1970-01-01 08:00
Carl Icahn unties personal loans from his company's shares- WSJ
Carl Icahn and banks have finalized amended loan agreements that untie Icahn's personal loans from the trading price
1970-01-01 08:00
Analysis-Ground down: Australia coffee shops an early inflation casualty
By Byron Kaye and Lewis Jackson SYDNEY The cost of serving up a sandwich with a cup of
1970-01-01 08:00
NATO will boost defense spending to help back Ukraine but the math is tricky. Just ask Luxembourg
NATO leaders are set to make a new defense spending pledge at their summit this week as support for Ukraine eats into their military budgets
1970-01-01 08:00
BOJ highlights broadening wage, price hikes in report on regional Japan
By Leika Kihara TOKYO Many regional areas of Japan saw small and mid-sized firms aggressively raise wages, reflecting
1970-01-01 08:00