Australia business investment dips in Q1, outlook sharply upgraded

Construction workers go about their day near scaffolding at a construction site in central Sydney, Australia, September 11, 2018. REUTERS / David Gray Register now for FREE unlimited access to Reuters.com Register SYDNEY, May 26 (Reuters) – Australian business investment fell unexpectedly in the first quarter as floods and bottlenecks hit building work, though firms … Read more

Westpac to sell one financial advisory business, merge unit’s funds with Mercer Super Trust

A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS / David Gray Register now for FREE unlimited access to Reuters.com Register May 26 (Reuters) – Westpac Banking Corp (WBC.AX) said on Thursday it would sell … Read more

UK finance ministry to make statement to parliament on Thursday – ITV

A general view of the Houses of Parliament at sunrise, in London, Britain, February 9, 2022. REUTERS / Tom Nicholson Register now for FREE unlimited access to Reuters.com Register LONDON, May 25 (Reuters) – Britain’s finance ministry is due to make a statement to parliament on Thursday, ITV reported citing parliamentary whips who arrange business … Read more

Inflation picture is concerning, British junior finance minister says

Britain’s Chief Secretary to the Treasury Simon Clarke walks outside Downing Street in London, Britain November 30, 2021. REUTERS / Tom Nicholson Register now for FREE unlimited access to Reuters.com Register LONDON, May 23 (Reuters) – The inflation picture is hugely concerning but the British government has confidence in the Bank of England to get … Read more

Caterpillar eyes energy transition as growth driver for mining business

People visit heavy machinery of Caterpillar at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China November 27, 2018. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register DALLAS, May 17 (Reuters) – Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the … Read more

Enel eying US market for grid business

MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of its power distribution grids business as it presses ahead with plans to expand its digital footprint. “I personally would like to have a grid in the US … it makes sense for us,” the group’s … Read more

Shanghai aims to reopen more COVID-shut businesses, Beijing battles on

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI / BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks … Read more

Sage says small business customers remain ‘resilient’

H1 recurring revenue rises 8%, on track for year H1 operating profit meets expectations with 4% rise Says small business customers remain confident LONDON, May 13 (Reuters) – British software company Sage (SGE.L) said momentum in its cloud business would keep organic recurring revenue motoring in the second half as its customers turn to its … Read more

Guest view: Blue finance can save Asia’s oceans

A plastic bottle drifts on the waves of the sea at a fishing port in Isumi, east of Tokyo, Japan November 21, 2018. REUTERS / Issei Kato – RC1B9B07A350 Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 12 (Reuters Breakingviews) – The plastic water bottle has become almost ubiquitous. Maybe you have … Read more

Ghana will solve debt crisis without IMF help, finance minister says

ACCRA, May 12 (Reuters) – Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing confidence that government measures were moving the country in the right direction. Ghana’s total public debt, which stood at about 77% of its gross domestic product at the end … Read more