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Chelsea's Tuchel hails Guardiola's influence ahead of FA Cup clash
(Reuters) - Chelsea boss Thomas Tuchel said his Manchester City counterpart Pep Guardiola had shaped his own managerial approach as the two men begin a new chapter of their rivalry in Saturday's FA Cup semi-final.
Tencent raises US$4.2bil in its second major bond deal in a year
HONG KONG: Tencent Holdings Ltd raised $4.15 billion on Friday in its second major bond deal in less than a year as global investors were enticed by its attractive pricing and overlooked a regulatory crackdown on China's tech giants.
20 new international destinations expected to boost air travel for MAHB airports
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects 20 new international destinations and 80 additional domestic flights would boost air travel further for its network of airports, including the Istanbul Sabiha Gokcen International Airport (ISG) in Turkey.
Ringgit slips on resurgence of Covid-19 cases
KUALA LUMPUR: The ringgit slipped but managed to hold at the 4.12-point level against the US dollar at the opening, as demand for the local currency was hampered by a spike in COVID-19 cases.
JPMorgan says U.S.-sanctioned Russian bonds could be excluded from key indexes
LONDON/NEW YORK (Reuters) - U.S. sanctions announced on Thursday on newly-issued Russian government debt could see the bonds excluded from JPMorgan's influential indexes, including the emerging market local-currency GBI-EM investment index, the bank said.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble
NEW YORK/LONDON: World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
With flagship electric car, Mercedes takes fight to Tesla
LONDON (Reuters) - Daimler AG on Thursday unveiled the electric "sibling" of its flagship Mercedes-Benz S-Class luxury sedan, taking the fight to market-leader Tesla Inc in the battle for market share as electric car sales take off.
Setting the standard in luxury
STUTTGART: Mercedes-Benz has long billed the S-Class as the pinnacle of luxury and performance for the combustion age. It’s now intent to do the same with an all-electric sibling.
China’s Q1 GDP growth seen hitting record level
BEIJING: China’s economy likely grew at record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and as policy support for ailing smaller firms continued, a Reuters poll showe
Bond issuance in March at 22-month high
KUALA LUMPUR: The primary corporate bond market was exceptionally active with an issuance of RM23.8bil in March, representing the biggest monthly issuance since May 2019.