Five Chinese state-owned companies should be delisted from the New York Stock Exchange

SHANGHAI/HONG KONG (Reuters) – Five Chinese state-owned companies including China Life Insurance Co. (601628.SS) And the giant oil company Sinopec (600028.SS) On Friday, he said they would remove their names from the New York Stock Exchange, amid rising diplomatic and economic tensions with the United States. Companies that also include China Aluminum Corporation (Shalco) (601600.SS)PetroChina … Read more

Yoon from South Korea pardons Jay Y Lee from Samsung for facing the ‘economic crisis’

Samsung heir spent 18 months in prison for bribery Businessmen convicted in scandal that brought down a president South Korea says leaders need help to overcome economic crisis Samsung may increase investment with pardon the analysts SEOUL (Reuters) – South Korean President Yoon Seok-yeol has pardoned Samsung Electronics. (005930.KS) Vice Chairman Jay Y. Lee on … Read more

Antitrust watchers go big on drama, light on plot

Penguin’s books are seen in a second-hand bookshop in central London on October 29, 2012. Britain’s Pearson has agreed to merge its Penguin book division with Bertelsmann’s Random House to create the world’s leading consumer publishing house, in apparent disdain for Rupert Murdoch’s News Corp. REUTERS / Stefan Wermot Register now to get free unlimited … Read more

Global stocks eye the best month since late 2020, as the dollar recovers

The MSCI World Index rose 0.2%; Almost 6% for the month The dollar regains its early losses to trade flat against its peers Eurozone GDP data beat expectations; clouds ahead LONDON (Reuters) – Global stocks rose on Friday, on track for their best month since late 2020, as euro zone growth beat expectations, while the … Read more

Amazon raises Prime prices in Europe as retailers grapple with costs

The Amazon logo appears at the company’s logistics center in Bretagne-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes Register now to get free unlimited access to Reuters.com Register NEW YORK, July 25 (Reuters) – Amazon.com Inc (AMZN.O) The online retailer said on Monday it will raise delivery and Prime streaming fees in Europe by … Read more

Stocks rise as traders eye profits to counter deflation fears

People walk in front of a screen displaying the Hang Seng stock ticker in the Central District, in Hong Kong, China, July 19, 2022. REUTERS/Lam Yik Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – Stocks reversed early losses to rally on Monday, as investors hoped this week’s batch of corporate … Read more