HONG KONG, Jan 4 Reuters Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person with direct knowledge of the matter said. The Wall Street bank could triple staffing in the unit, which will focus […]

Reuters General Motors edged out rival Toyota Motor to remain the topselling automaker in the U.S. in 2023 as easing supply snags and sustained demand drove the industry to its best year since the pandemic. The Detroit automaker shrugged off a hit from a costly auto strike to report U.S. new vehicle sales of about 2.6 million […]

TOKYO, Jan 4 Reuters Japan Airlines on Thursday said it expected losses of more than 100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo39;s Haneda airport this week. All 379 people on board the JAL Airbus A350 widebody jet escaped before the plane was completely engulfed in flames that took […]

Full price sales up 5.7 in nine weeks to Dec. 30 Raises 202324 profit guidance to 905 mln stg Forecasts 202425 profit of 960 mln stg Warns Suez Canal issue likely to delay stock deliveries LONDON, Jan 4 Reuters British clothing retailer Next on Thursday raised its profit forecast for the year to endJanuary 2024 for […]

DUBAI, Jan 4 Reuters Several Saudi Arabian companies released regulatory filings late on Wednesday and Thursday saying that state energy company Saudi Aramco39;s decision to raise feedstock and fuel prices for this year will raise production costs and lower earnings. Saudi Aramco notified the companies in the kingdom of the price hike this week, saying it […]