Markets

China’s tech stocks have staged a $700bn rally as the country reopens and a regulatory clampdown on the sector loosens, drawing the attention of international asset managers who fled the market in recent years. Hong Kong’s Hang Seng tech index, which is stacked with Chinese…

United Airlines reported fourth-quarter profit nearly a third higher than in the same period in 2019, even though the airline flew less than before the pandemic © ReutersUnited Airlines predicts earnings in 2023 will be well above analysts’ forecasts, with the carrier expecting to keep…

Republican state attorneys-general in the US have taken aim at corporate proxy advisers, challenging Institutional Shareholder Services and Glass Lewis over their recommendations tied to climate and social goals.The two companies, which dominate the business of guiding investors on board votes and shareholder resolutions, are…

Wintershall Dea, one of the main European investors in the Nord Stream 2 gas pipeline, has said it will exit Russia following criticism over its continued exploration and production of gas and oil in the country following the invasion of Ukraine.In a statement on Tuesday…

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