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Philip Morris wins 83% stake in Swedish Match, goes ahead with $16 billion takeover
(Reuters) -Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning accept from owners with no more than 82.59%...
Syndicated Content Nov 07, 2022
TotalEnergies leads Shell, BP in renewables race, but shares sag
By Ron Bousso LONDON (Reuters) - French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows. But despite t...
Syndicated Content Nov 07, 2022
How the U.S. midterms could ripple through the stock market
By Lewis Krauskopf NEW YORK (Reuters) - Investors are turning their focus to Tuesday's U.S. midterm elections, which will determine control of Congress and could spur moves in everything from energy c...
Syndicated Content Nov 07, 2022
Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) - While inflation in western Europe is largely expected to be tamed within a year, there is a growing sense that in central Eur...
Syndicated Content Nov 07, 2022
ECB must not stop rate hikes before core inflation peak, Villeroy says
FRANKFURT (Reuters) - The European Central Bank must not stop raising interest rates until underlying inflation has clearly peaked, but it may slow the pace of hikes once rates hit a level that starts...
Syndicated Content Nov 07, 2022
Marketmind: Markets defy COVID blues
A look at the day ahead in European and global markets from Anshuman Daga China is retaining its strict coronavirus curbs, COVID-19 cases are at a 6-month high and Apple warned of a hit to iPhone ship...
Syndicated Content Nov 07, 2022
Ryanair posts record profit for key summer season
DUBLIN (Reuters) - Ryanair on Monday posted its largest ever after-tax profit for the first half of its financial year, which includes the key summer months, and said it hoped to post a profit of at l...
Syndicated Content Nov 07, 2022
Inflation top worry for G20 countries -survey
(Reuters) - Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic For...
Syndicated Content Nov 06, 2022
Indonesia Q3 GDP growth picks up, but below forecast
JAKARTA (Reuters) - Indonesia's annual economic growth accelerated in the third quarter to 5.72%, the fastest in more than a year but below market expectation, official data showed on Monday. The seco...
Syndicated Content Nov 06, 2022
Foxconn Zhengzhou plant offers bonuses to encourage workers to return
SHANGHAI (Reuters) - Apple supplier Foxconn's Zhengzhou plant on Monday kicked off a fresh recruitment drive seeking workers, saying that it would offer staff who had left in recent weeks a one-off bo...
Syndicated Content Nov 06, 2022
Peoria, IL, USA
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