Thailand's 'Joe Ferrari' cop jailed for life over death of suspect
European shares fell on Wednesday with concerns around economic growth slowdown and a gloomy forecast by Credit Suisse weighing on banks, while investors braced for the European Central Bank's meeting on Thursday and the U.S.
The grocery delivery industry that erupted in the depths of lockdown is facing a painful period of adjustment that investors say is likely to see only a handful of firms survive in each market - and then, in very different shape.
Wizz Air said on Wednesday it was suffering significant costs from cancellations and "operational hiccups" at airports, especially in the United Kingdom, as the industry tackles a shortage of air traffic controllers and security staff.
China's Tencent Holdings said on Wednesday that it will release its flagship mobile game "Honor of Kings" globally by the end of the year as the domestic internet giant pivots to the international gaming market.
China's Didi is in talks with state-backed Sinomach Automobile to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are in the rear view mirror as it focuses on growth.
China's Didi is in talks with Sinomach Automobile to own a third of the latter's electric-vehicle making unit, two sources said, signalling the ride-hailer is trying to get back to growth after its regulatory troubles.
China's Didi is in talks with state-backed Sinomach Automobile to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are in the rear view mirror as it focuses on growth.
Japanese policymakers held fast to their usual line on yen weakness on Wednesday, stating that rapid moves were undesirable, but confounded expectations they may escalate warnings about the sliding currency as it fell to fresh 20-year lows.
Fashion giant Zara's owner Inditex reported an 80% jump in first-quarter profit on the back of soaring sales as consumers refreshed their wardrobes after months spent stuck at home during the pandemic lockdowns.
South Korea's LG Energy Solution (LGES) on Wednesday broke ground on nickel processing plants in Indonesia, part of the company's $9.8 billion investment in the country to produce electric vehicle batteries.
India hikes interest rates 50 basis points to fight inflation
Credit Suisse warned on Wednesday of a likely second-quarter loss as volatility hit its investment bank, the third quarter in a row for which Switzerland's second-largest bank has issued a profit warning.
Nike Inc, the world's largest sportswear maker, is discontinuing its popular Nike Run Club (NRC) App in China from July, the company said on Wednesday, the latest reassessment by a U.S.
Turkey's lira tumbled more than 2% against the U.S.
China approves 60 new games, lifting hopes tech crackdown is ending
A recent spike in Australia's energy prices is threatening to keep inflation higher for longer, a major reason policymakers this week felt compelled to hike interest rates by the most in two decades and warn of a lot more to come.
US, European stocks fall on worries over inflation, central bank moves
Nigeria's ruling party picks ex-Lagos governor as 2023 candidate
Rocketing petrol prices fuel British PM's woes
Out of the frying pan: Indonesians pay price of cooking oil crisis
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Wednesday it has no concrete plans for factories in Europe - remarks that come amid efforts by the European Union to encourage Taiwanese firms to manufacture chips there.
The euro hit a seven-year peak against the yen on Wednesday, getting a lift after an upward revision to first quarter growth and ahead of a European Central Bank meeting on Thursday that is likely to pave the way for rate hikes later in the year.
The euro hit a seven-year peak against the yen on Wednesday ahead of a European Central Bank (ECB) rate-setting meeting on Thursday that is likely to leave the Bank of Japan (BoJ) standing alone with ultra-loose monetary policy.
The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a European Central Bank meeting likely to leave Japan alone among its peers in sticking to ultra easy monetary policy.
The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a European Central Bank meeting likely to leave Japan alone among peers in sticking to ultra easy monetary policy.
Helium shortage deflates American celebrations
The products were distributed nationwide.
Oil prices rose about 1% on Wednesday, and U.S. crude hit a 13-week high despite a rise in domestic crude inventories, as supplies looked likely to tighten with China easing lockdowns and Norwegian oil workers planning to strike.
Oil prices rose on Wednesday, despite a likely rise in U.S. oil stocks, on the easing of Chinese COVID-19 related lockdowns and a possible strike by Norwegian oil workers.
