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Category LSEG

Supplier pressure forces BYD to abandon its internal payments platform

Supplier pressure forces BYD to abandon its internal payments platform

BYD informed some of its suppliers that it intends to discontinue using in-house financial notes for settling payments.
European AI giant SAP credits AI demand in Q4 2025 and 2026 revenue forecast

European AI giant SAP credits AI demand in Q4 2025 and 2026 revenue forecast

SAP’s CEO, Christian Klein, said that artificial intelligence is the key reason why customers are signing deals with the company.
U.S. equity funds log biggest inflows since 2024 as Fed rate cut looms

U.S. equity funds log biggest inflows since 2024 as Fed rate cut looms

U.S. equity funds recorded their highest weekly net purchases since November 13, 2024, with $36.41 in net inflows this week.
Global equity fund inflows declined sharply in the week ending August 20

Global equity fund inflows declined sharply in the week ending August 20

Global equity fund inflows saw a sharp drop in the week ending August 20, with investors remaining cautious over the tech stock selloff. Investors ...
China’s factory output suffers sharpest decline since 2022

China’s factory output suffers sharpest decline since 2022

Caixin revealed that China’s manufacturing activity dropped to its lowest level since September 2022, while official PMI contracted for a second mo...