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January 27, 2023

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China’s New Oriental education giant finds new life in English live streaming

June 29, 2022June 23, 2022 - by spyhowtocom

Shares in China’s New Oriental (9901.HK) climbed for a fourth straight day on Wednesday, with analysts saying its new live-streaming sales strategy could help it recover from a regulatory crackdown …

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Business

Global equity funds decline over 20% this year

June 28, 2022June 23, 2022 - by spyhowtocom

Global equity funds have shed over 7% this month due to a slump in stock prices as higher inflation levels fuel worries about more aggressive policy tightening by major central …

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Business

Woman pleads guilty to role in laundering $4 bln via Danske Bank in Estonia

June 27, 2022June 23, 2022 - by spyhowtocom

A Lithuanian woman on Wednesday pleaded guilty to involvement in laundering more than 29 billion Danish crowns ($4.1 billion) through Danske Bank’s (DANSKE.CO) Estonian branch, her defence lawyer said. The …

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Business

Credit Suisse reinforces UK investment banking team with two hires- memo

June 26, 2022June 23, 2022 - by spyhowtocom

Switzerland’s second-largest bank Credit Suisse (CSGN.S) has hired two managing directors from JP Morgan (JPM.N) and BNP Paribas (BNPP.PA) to reinforce its UK investment banking and capital markets team. Jasper …

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Business

Fashion retailer H&M’s sales jump, but investors fret over margins

June 25, 2022June 23, 2022 - by spyhowtocom

H&M (HMb.ST), the world’s second-biggest fashion retailer, posted a forecast-beating 17% jump in March-May sales, joining main rival Inditex in reporting a rebound in demand as pandemic restrictions have eased. …

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Business

IKEA says it will scale down its business in Russia

June 24, 2022June 23, 2022 - by spyhowtocom

Swedish furniture company IKEA on Wednesday said it had made the “difficult decision” to scale down its business in Russia, pointing to a significant deterioration in supply chains around the …

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Business

Euro zone trade deficit almost doubles in April

June 23, 2022 - by spyhowtocom

The euro zone’s trade deficit almost doubled in April from the previous month after an already record expansion in March, and industrial production increased over the same period on the …

Euro zone trade deficit almost doubles in April Read More

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