Category Archives:
Barclays toughens deforestation rules for beef sector clients
By Simon Jessop and Tommy Wilkes LONDON (Reuters) - Barclays has told beef sector clients they must prevent deforestation in their South American supply chains, in a policy document seen by Reuters th...
May 03, 2023
Turkish inflation slows to 43.7% in April ahead of elections
ANKARA (Reuters) - Turkish annual consumer price inflation slowed to 43.68% in April, official data showed on Wednesday, slightly below forecast, easing further ahead of presidential and parliamentary...
May 03, 2023
Malaysia central bank surprises by raising policy rate to 3%
By Rozanna Latiff KUALA LUMPUR (Reuters) - Malaysia's central bank unexpectedly raised its benchmark interest rate on Wednesday, citing a need to normalise monetary accommodation as the economy was re...
May 03, 2023
Sri Lanka apparel exports to drop by $1 billion in 2023-trade body
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits the crisis-hit ...
May 03, 2023
Malaysia to move to dual network model for 5G after expanding coverage
KUALA LUMPUR (Reuters) - Malaysia on Wednesday said it would move to a dual network model for its 5G rollout after coverage reaches 80%, a move that follows widespread concerns about pricing and compe...
May 03, 2023
Andurand oil fund slips 15% in March, down 34% year to date – Societe Generale
By Nell Mackenzie LONDON (Reuters) - Hedge fund manager Pierre Andurand's Commodities Discretionary Enhanced Fund ended March down 15% and 34% lower for the year so far, eliminating over half of the f...
May 03, 2023
Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) - Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand for mortgage loans. F...
May 03, 2023
South Korea fin min seeking to get domestic bonds into WGBI this year
By Choonsik Yoo and Jihoon Lee INCHEON, South Korea (Reuters) - South Korea is seeking to have its domestic bonds added to a key international market index this year although the decision may not be m...
May 03, 2023
Volvo Cars’ sales up 10% in April as fully electric car volume doubles
STOCKHOLM (Reuters) - Sweden-based Volvo Cars said on Wednesday its sales increased by 10% year-on-year in April to 51,976 cars. Volvo Cars, which is majority-owned by China's Geely Holding, said in a...
May 03, 2023
Column-Quadruple whammy whips June Fed rate hike off the table: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The Fed may well hike U.S. interest rates again on Wednesday but cracks appearing on multiple fronts - jobs, lending, the banking system and debt ceiling...
May 03, 2023
Peoria, IL, USA
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