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Spanish factory output slides for 7th straight month in Jan -PMI
MADRID (Reuters) - Factory activity in Spain kept on shrinking in January even though inflationary pressures eased and business confidence strengthened, a survey showed on Wednesday. S&P Global's Purc...
Syndicated Content Feb 01, 2023
Global investment banks project jump in yuan in 2023
SHANGHAI (Reuters) - Global investment banks have raised their forecasts for the Chinese yuan this year on expectations the country's economic reopening and Beijing's decision to relax property sector...
Syndicated Content Feb 01, 2023
UK house prices fall more than expected in January – Nationwide
LONDON (Reuters) - British house prices dropped by a bigger-than-expected 0.6% in January and are now 3.2% below their peak in August, following a surge in borrowing costs and broader inflation pressu...
Syndicated Content Feb 01, 2023
Darktrace begins 75 million pound share buyback
(Reuters) - British cybersecurity firm Darktrace Plc said on Wednesday it was commencing a buyback plan of up to 35 million shares, amounting to up to 75 million pounds ($92.36 million), which would b...
Syndicated Content Feb 01, 2023
BOJ’s record bond buying highlights challenge for yield control
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan bought a record $182 billion worth of government bonds in January, data showed on Wednesday, underscoring its resolve to defend it...
Syndicated Content Feb 01, 2023
ABB places second block of E-Mobility shares ahead of float
ZURICH (Reuters) - ABB has raised 325 million Swiss francs ($355 million) from selling a further part of its electric vehicle (EV) charging business to four minority investors, the Swiss engineering a...
Syndicated Content Feb 01, 2023
Analysis-Hawkish Fed could hobble volatility funds’ stock buying spree
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Volatility-linked funds estimated to be buying as much as $2 billion in U.S. equities daily are helping drive this year's rebound in stocks and may ramp up pu...
Syndicated Content Feb 01, 2023
Vodafone reports Q3 slowdown, hit by Germany, Italy and Spain
LONDON (Reuters) - Vodafone reported a slowdown in its group service revenue growth to 1.8% in the third quarter from 2.5% in the second, driven by declines in Germany, Italy and Spain. Interim chief ...
Syndicated Content Feb 01, 2023
Wolfspeed to announce new electric vehicle chip plant in Germany – sources
BERLIN/FRANKFURT (Reuters) - German chip supplier ZF and American chipmaker Wolfspeed Inc are expected to announce on Wednesday plans to build an electric vehicle (EV) chip plant in the Saarland regio...
Syndicated Content Feb 01, 2023
GSK reports Q4 profit, sales beat Wall Street estimates
(Reuters) - GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales of its blockbuster shingles vaccine Shingrix. The London-listed drugmaker, which executed a long-scripted ov...
Syndicated Content Feb 01, 2023
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