Business Blog

Shares of Malaysia's second-biggest bank CIMB Group Holdings Bhd CIMB.KL dropped on Thursday after local media reported that the Employees Provident Fund (EPF), a key CIMB shareholder, may be forced to cut its stake to push through a planned merger.

KUALA LUMPUR, Oct 23 (Reuters) - Shares of Malaysia's CIMB Group Holdings Bhd CIMB.KL dropped nearly 2.2 percent on Thursday after local media reported the Employees Provident Fund (EPF), a key shareholder in CIMB, may be forced to cut its stake to...

KUALA LUMPUR, Oct 23 (Reuters) - Shares of Malaysia's CIMB Group Holdings Bhd CIMB.KL dropped nearly 2.2 percent on Thursday after local media reported the Employees Provident Fund (EPF), a key shareholder in CIMB, may be forced to cut its stake to...

A start-up business in Brazil is rolling out a network of drop-in siesta centres, where people can go to take an afternoon nap.

* Earnings, inflation data help European shares* Crude oil retreats on U.S. inventory data* U.S. bond prices fall as consumer prices edge up(Adds close of European stock, bond markets)By Herbert LashNEW YORK, Oct 22 (Reuters) - Global equity markets edged higher on Wednesday, lifted by solid corporate results and benign U.S. inflation data that may give the Federal Reserve enough leeway to keep in

* Earnings, inflation data help shares regain poise* U.S. bond prices fall as consumer prices edge up* Oil slips toward $86 after big jump in US crude stocks(Adds U.S. market open, byline, dateline; previous LONDON)By Herbert LashNEW YORK, Oct 22 (Reuters) - Global equity markets edged higher on Wednesday, lifted by a raft of solid corporate results and benign U.S. inflation data that may encourag