LONDON (Reuters) - Global payments giant Mastercard (NYSE:MA) has said it will invest $300 million as a cornerstone investor in the planned London float of payments processor Network International. Dubai-based Network International is the largest payments processor in the Middle East and Africa and set to be the first international...
PARIS (Reuters) - Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China. Airbus was up 1.9 percent in early session trading. French officials said the deal was worth some 30 billion euros ($34 billion) at...
BANGKOK (Reuters) - Thailand's annual manufacturing output in February is expected to have risen at a slightly faster pace than in the previous month, a Reuters poll showed. The median forecast of eight economists was for the manufacturing production index (MPI) to rise 0.52 percent in February from the same...
SINGAPORE (Reuters) - Singapore's core inflation rate eased to a nine-month low in February, reinforcing expectations that the central bank will keep monetary policy unchanged when it meets next month. The core inflation rate was 1.5 percent on a year-on-year basis, data showed on Monday, its lowest since May 2018,...
By Giselda Vagnoni ROME (Reuters) - Italy endorsed China's ambitious "Belt and Road" infrastructure plan on Saturday, becoming the first major Western power to back the initiative to help revive the struggling Italian economy. Saturday's signing ceremony was the highlight of a three-day trip to Italy by Chinese President Xi Jinping,...
By Graham Fahy WEXFORD, Ireland (Reuters) - Ireland's agriculture minister Michael Creed on Saturday promised farmers a "substantial" aid package if they suffer losses as a result of new UK tariffs under a no-deal Brexit. The Irish Farmers Association estimates that WTO tariffs on Ireland's beef and livestock sector will impose...
BEIJING (Reuters) - Apple (NASDAQ:AAPL) chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. "We encourage China to continue to open up, we see that as...
By Makiko Yamazaki TOKYO (Reuters) - When Japan Display Inc broke ground on a new factory in central Japan in 2015, the future looked bright for one of the world's top vendors of liquid crystal display (LCD) panels. The plant would strengthen the company's position as the primary screen supplier for...
By Geoffrey Smith Investing.com -- Europe’s stock markets are tumbling Friday morning after a shockingly weak survey from the German manufacturing sector increased suspicions that the euro zone’s slowdown could be deeper and longer than first thought. IHS Markit’s flash purchasing managers index for Germany fell to 44.7 in March, its...
(Bloomberg) -- The Hong Kong dollar touched the strongest level in six weeks, moving away from the weak end of its trading band, as a dovish Federal Reserve damped hopes for interest-rate hikes. China’s yuan also advanced. Hong Kong’s currency rallied as much as 0.06 percent to HK$7.8451 to the...