Citic Securities, China Securities dismiss report of merger plan

[ad_1] HONG KONG, July 2 (Reuters) – China’s largest broker Citic Securities Co Ltd and smaller rival China Securities Co Ltd (CSC) said on Thursday they were not aware of…

GLOBAL-MARKETS-Stocks gain as trade talk hopes rise, rate-cut pressure ebbs

[ad_1] * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh * Fed’s Powell, Bullard temper July rate cut expectations * European stocks gain after CNBC fuels trade talk optimism * U.S.…

Former JPMorgan senior banker pleads not guilty to bribery charges

[ad_1] HONG KONG (Reuters) – JPMorgan’s JPM.N former Asia investment banking vice-chair Catherine Leung pleaded not guilty to charges of bribery in a Hong Kong court on Thursday. Leung is…

UPDATE 1-S.Africa’s Aspen sells thrombosis drug business to Mylan, shares jump

[ad_1] (Adds details) JOHANNESBURG, Sept 8 (Reuters) – South African drugmaker Aspen Pharmacare has agreed to sell the rights to its European thrombosis business to U.S. pharmaceutical company Mylan for…

Sanctions-hit Huawei ramps up investment in Chinese tech sector

[ad_1] SHANGHAI (Reuters) – Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world’s largest telecoms equipment maker bolsters its supply chain in…

Chinese President Xi pledges to import more as pandemic shakes global economy

[ad_1] By Brenda Goh, Winni Zhou SHANGHAI (Reuters) – China will import over $22 trillion worth of goods over the next decade, and the country is accelerating its opening up…

Explainer: Mexico’s electricity spat pits investors against more state control

[ad_1] By Adriana Barrera, David Alire Garcia MEXICO CITY (Reuters) – The Mexican government’s fight with private power firms over access to the grid owned by state-run Comision Federal de…

Explainer – Danske Bank’s 200 billion euro money laundering scandal

[ad_1] COPENHAGEN (Reuters) – Danske Bank DANSKE.CO has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to…

France’s SocGen to close 600 bank branches in profitability push

[ad_1] PARIS (Reuters) – France’s Societe Generale on Monday accelerated plans to boost profitability by merging its two retail banking networks, resulting in the closure of 600 of its nearly…

UK approves AstraZeneca/Oxford COVID-19 vaccine

[ad_1] (Reuters) – Britain on Wednesday became the first country in the world to approve a coronavirus vaccine developed by AstraZeneca and Oxford University as it battles a winter surge…