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Asia will continue to prosper, but investors must be discerning
Asia-Pacific stock markets are recovering as economies reopen, but the road ahead is fraught with risks as the disruptions unleashed by the Covid-19 pandemic mean that some companies will thrive even as others fall by the wayside. Against this backdrop, Aberdeen Standard Investments – the largest active manager in the UK and one of Europe’s […]
Dollar steady before holidays, sterling slips on Brexit worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar was little-changed against a basket of currencies on Monday, holding near a two-week high, in holiday-lulled trading, while sterling fell on concerns over the British government’s hard line on Brexit talks. The dollar index <.DXY>, which measures the greenback against six major currencies, was down […]
Airbus defense division to start talks on job cuts
MUNICH (Reuters) – The head of the defense business of Airbus <AIR.PA> said he would start talks with labor representatives next week on job cuts, as the German-based group retrenches following setbacks with its A400M military transporter. “We will enter the first talks soon with the European works council,” Airbus Defence and Space chief Dirk […]