U.S. bond funds record biggest weekly outflow in eight weeks
Investors dumped U.S. bond funds in the week to Aug 24 as they waited to hear a speech by Federal Reserve Chair Jerome Powell later
Category: Business
From fashion to films ex-Zara boss Isla starts production company
Former chief executive of textile giant Inditex, Pablo Isla, has started his own film production company, saying in a statement on Friday that he hoped
India’s Adani contests NDTV’s defence as news network fights takeover
India’s Adani Group on Friday contested claims by New Delhi Television (NDTV.NS) that regulatory curbs restricted its founders from selling their stake, prolonging the battle
Global equity funds see large outflows on slowdown worries
Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns that rate hikes would lead
Inflation angst grips German consumers as blues ease in France
Consumer morale in the euro zone’s two biggest economies diverged starkly in August as French consumers benefited from fresh government measures while concerns over rising
India’s digital lending rules spark disruption, firms plan pushback
India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying
Xiaomi in talks with BAIC to produce electric cars
Smartphone maker Xiaomi Corp (1810.HK) is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC) (1958.HK), as it faces delays in