India’s central bank started a pilot program of its digital currency, allowing select banks to …
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ING plans $1.47bn buyback as one-off charges hit profit
ING Groep NV said it will buy back as much as €1.5 billion ($1.47 billion) …
Read More »Recession alone won’t tame inflation: Lagarde
European Central Bank (ECB) President Christine Lagarde warned that a “mild recession†is possible but …
Read More »PBOC reaffirms pledge to make yuan more flexible
The People’s Bank of China’s (PBOC) Governor Yi Gang reaffirmed a pledge to make the …
Read More »China preparing plan to end Covid-19 flight suspensions
China is working on plans to scrap a system that penalises airlines for bringing virus …
Read More »Nestlé shuns price hikes as Indonesians tighten purse strings
Nestlé, one of the top consumer goods suppliers in Indonesia, will avoid raising prices further …
Read More »Airline passengers happier now than before Covid despite delays
Airline passengers are still happier with service standards now than before the coronavirus crisis, despite …
Read More »Hong Kong Airport opens ‘skybridge’ in preparation for revival
Hong Kong International Airport (HKIA) opened a bridge connecting a terminal and satellite concourse, part of …
Read More »Uniper posts $39.3 billion loss as Russia throttles gas supply
Uniper SE reported one of the biggest losses in German corporate history, with Russia’s stranglehold …
Read More »Europe’s wind farm developer gets profit boost from burning coal
One of Europe’s greenest utilities, Orsted A/S, is set to make more money this year …
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