Category Archives:
Putin mobilises more troops for Ukraine
President Vladimir Putin on Wednesday ordered Russia's first mobilisation since World War Two, warning the West that if it continued what he called its "nuclear blackmail", Moscow would respond with t...
Sep 21, 2022
Chemours cuts earnings forecast on low demand, high input costs
(Reuters) - Chemours Co cut its full-year forecast for adjusted earnings on Wednesday citing low demand and high input costs, sending its shares down 5% in premarket trade. The chemicals company also ...
Sep 21, 2022
UniCredit focused on “internal delivery”, open to M&A in all its markets
ROME (Reuters) - UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the markets where it operates, CEO Andrea Orcel said ...
Sep 21, 2022
As deadline looms, some Swedish Match investors oppose Philip Morris deal
By Marie Mannes and Richa Naidu GDANSK/LONDON (Reuters) - The clock is ticking for tobacco giant Philip Morris to rally support from Swedish Match shareholders for its offer to buy the snus maker - an...
Sep 21, 2022
India’s Reliance Retail in talks to get rights for beauty retailer Sephora – report
BENGALURU (Reuters) - Reliance Retail, run by billionaire Mukesh Ambani's conglomerate Reliance Industries Ltd, is in advanced talks to get rights for beauty retailer Sephora in India, the Mint report...
Sep 21, 2022
China Evergrande mulls asset transfer to unit
(Reuters) - China Evergrande Group said on Wednesday it was in talks to transfer some assets to its unit, Evergrande Property Services, to raise funds for debt repayments. (Reporting by Harshita Swami...
Sep 21, 2022
TikTok to verify political accounts in U.S., ban campaign fundraising
By Sheila Dang (Reuters) - TikTok will begin requiring accounts belonging to U.S. government departments, politicians and political parties to be verified and will ban videos aimed at campaign fundrai...
Sep 21, 2022
UK manufacturers gloomy about near-term outlook – CBI
By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation of Brit...
Sep 21, 2022
UK short-dated gilt yields highest since 2008 ahead of BoE, Fed
LONDON (Reuters) - British two-year and five-year government bond yields rose to their highest since late 2008 on Wednesday, ahead of expected interest rate increases from the U.S. Federal Reserve lat...
Sep 21, 2022
Uniper: Unipro has book value of up to $2.2 billion
FRANKFURT (Reuters) - Unipro, the Russian utility that majority owner Uniper is seeking to sell, still has a book value of between 1.7 billion to 2.2 billion euros ($1.7-$2.2 billion), Uniper Chief Ex...
Sep 21, 2022
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