‘Unite or die’: The UK’s new prime minister scrambles to save the Conservative Party
Sunak — Britain’s fifth prime minister in six years — will have to prove that he has the leadership skills to govern such a disparate set of personalities.
New missile strikes hit Kyiv and Zaporizhzhia; Russia warns U.S. commercial satellites could become targets if involved in war
A senior Russian official warned that U.S. commercial satellites could be targets for Russian retaliatory strikes if they became involved in the Ukraine war.
Unilever raises guidance but is downbeat on Europe, China consumer sentiment
Unilever gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast.
Oil giant Shell reveals plans to hike dividend as quarterly profits more than double
Shell revealed plans to raise its dividend per share by around 15% for the fourth quarter.
South Korea’s economy ekes out a small growth, backed by ‘revenge spending’
South Korea’s economy is still growing, backed by ‘revenge spending’
Credit Suisse shares plunge 18% as bank announces huge third-quarter loss and strategic overhaul
Credit Suisse has posted a quarterly loss that is significantly worse than analyst estimates, as it announced a massive strategic overhaul.
Asia-Pacific will lead global economic growth in 2023, S&P says
It said the region will dominate global growth in 2023, supported by regional free-trade agreements, efficient supply chains and competitive costs.
Southeast Asia’s top digital economies expected to hit $200 billion in 2022, report shows
South East Asia’s top digital economies grew faster than expected in 2022 and is set to reach $200 billion in GMV, according to Google, Temasek and Bain & Company.
European banks are posting bumper profits — but don’t buy their shares yet, strategist says
European banks have reported billions in third-quarter profits. Yet, investment advisors are suggesting investors should avoid the lenders’ shares. Why?
Samsung Electronics names Jay Y. Lee executive chairman
Samsung Electronics’ de facto leader Jay Y. Lee was named executive chairman on Thursday.
