Investors are looking for clues about consumer health as the holiday shopping season begins

NEW YORK, Nov 25 (Reuters) – Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites as the most important shopping season of the year opens on Friday. Consumer discretionary stocks, as measured by the S&P 500 Consumer Discretionary sector — the group of companies that profit from retail, … Read more

Deal-hungry UAE IHC plans IPOs of healthcare and IT businesses

Pure Health’s IPO is expected to raise more than $1 billion, CEO says Tech IPO targets in Q3 with $1bn in assets It is considering an IPO of International Energy Holding next year Planning purchases this year and next year, looking for a substantial loan ABU DHABI, Nov 24 (Reuters) – International Holding Company ( … Read more

As recession looms, British business sends loan SOS

Loans are more expensive, with stricter terms, as banks weigh the risks Some business owners use their own money to bridge the gaps The financial crisis could deal another economic blow to Britain LONDON, Nov 17 (Reuters) – As inflation skyrockets and recession looms, many British firms are struggling to secure affordable bank funding, increasing … Read more

CVC’s funeral business is betting on brisk market growth

A huge dragon structure at the Nirvana Memorial Park just outside Malaysia’s capital Kuala Lumpur on June 23. The air-conditioned dragon structure houses gilded urn compartments, home to 6,700 urns for cremated ashes. The photo was taken on June 22, 2000. Sign up now for FREE unlimited access to Reuters.com I am registering HONG KONG, … Read more

Top scientists join forces to explore leading theory behind long COVID

A patient suffering from Long COVID is examined at the post-coronavirus disease (COVID-19) clinic of Ichilov Hospital in Tel Aviv, Israel, February 21, 2022. Picture taken February 21, 2022. REUTERS/Amir Cohen/File photo Sign up now for FREE unlimited access to Reuters.com I am registering CHICAGO, Sept 8 (Reuters) – Leading scientists from leading academic centers … Read more

Exclusive: Embattled Credit Suisse aims to launch wealth business in China next year

A Credit Suisse bank logo is pictured in Geneva, Switzerland, June 9, 2022. REUTERS/Denis Balibouse Sign up now for FREE unlimited access to Reuters.com I am registering SINGAPORE, Sept 2 (Reuters) – Credit Suisse ( CSGN.S ), which has been hit by a series of scandals, management changes and changes in global strategy, is still … Read more

Investment bankers are waiting for the ax to fall

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 13, 2022. Sign up now for FREE unlimited access to Reuters.com I am registering NEW YORK, July 14 (Reuters Breakingviews) – Bankers who steered Wall Street’s profits during the darkest days of Covid-19 now find themselves in … Read more

Most US small businesses worry recession is coming – Goldman survey

A U.S. dollar bill is seen in this June 22, 2017, file photo. REUTERS/Thomas White/Illustration Register now for FREE unlimited access to Reuters.com I am registering WASHINGTON, July 13 (Reuters) – About 93 percent of small business owners worry the United States will slip into a recession in the next six months, a survey released … Read more

For EV battery makers, it’s go small or go home

CAMBRIDGE, England, July 11 (Reuters) – In the race to go electric, carmakers have focused on mileage to ease consumer anxiety about charging infrastructure, but battery makers are already working on smaller, longer-lasting and more -cheap batteries of the future that also charge faster. As carmakers today chase market leader Tesla Inc ( TSLA.O ) … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

The Ant Group logo is displayed at the Ant Group headquarters, a branch of Alibaba, in Hangzhou, Zhejiang Province, China, October 29, 2020. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com I’m registering PBOC, accepting a license to apply, may come soon – sources Financial holding license to pave the way … Read more