Portugal wants long-term EU mechanism for security, energy investment

Portuguese Prime Minister Antonio Costa arrives at Downing Street ahead of his meeting with British Prime Minister Boris Johnson, in London, Britain, June 13, 2022. Aaron Chown / Pool via REUTERS / File Photo Register now for FREE unlimited access to Reuters.com Register LISBON, June 20 (Reuters) – Portugal wants the European Union to create … Read more

More Britons opting for three-day office week, says IWG

Workers walk towards the City of London financial district as they cross London Bridge during the morning rush hour in London, Britain, September 8, 2021. REUTERS / Toby Melville Register now for FREE unlimited access to Reuters.com Register June 17 (Reuters) – More workers in Britain are opting for a three-day office week as they … Read more

Japan business community seeks further relaxation of border controls

A notice about COVID-19 safety measures is pictured next to closed doors at a departure hall of Narita international airport on the first day of closed borders to prevent the spread of the new coronavirus Omicron variant in Narita, east of Tokyo, Japan, November 30 , 2021. REUTERS / Kim Kyung-Hoon Register now for FREE … Read more

AXA registers fund unit amid Shanghai business revival push

The logo of French Insurer Axa is seen outside a building in Montaigu, France, February 23, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 2 (Reuters) – AXA Investment Managers has completed registration for a private fund unit in Shanghai, as Chinese regulators streamline processes to help … Read more

Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction

BEIJING, May 30 (Reuters) – China’s ‘zero-COVID’ policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy, but it has created bubbles of growth in the medical, technology and construction sectors. The Chinese government, alone among major countries in vowing to eradicate … Read more

Beijing city offers elderly COVID shot-related health insurance to ease hesitancy

People pass by a poster encouraging elderly people to get vaccinated against the coronavirus disease (COVID-19), near a residential compound in Beijing, China March 30, 2022. REUTERS/Tingshu Wang/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, May 27 (Reuters)-China’s capital is offering elderly residents state-backed insurance for “medical accidents” linked to COVID-19 … Read more

Shanghai lets financial firms resume work as COVID curb ease – sources

A man walks past Lujiazui financial district, seen across the Huangpu river, amid the lockdown in Pudong area to contain the spread of coronavirus disease (COVID-19) in Shanghai, China March 28, 2022. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 18 (Reuters) – Shanghai authorities have … Read more

Allianz to pay $ 6 bln in US fraud case, fund managers charged

NEW YORK / MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $ 6 billion and its US asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic. Allianz’s settlements with the US Department of Justice and … Read more

Shanghai aims to reopen more businesses shut down by COVID, Beijing battles on

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI / BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks … Read more