Category Archives:
Forint has scope to recover from historic lows
By Anita Komuves and Alan Charlish BUDAPEST (Reuters) - The Hungarian forint is expected to gradually recover and add more than 7% in the next year after plunging to fresh record lows this week, a Reu...
Syndicated Content Jul 07, 2022
Spain expects its economy to continue growing in 2023 – minister
MADRID (Reuters) - Spain's government expects the Spanish economy to continue growing next year despite the impact of rising inflation and the war in Ukraine, Finance Minister Nadia Calvino said in a ...
Syndicated Content Jul 07, 2022
German investor Kuehne boosts stake in Lufthansa to 15%
BERLIN (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 15% from 10%, Lufthansa said late on Wednesday, making him the biggest shareholder in the ...
Syndicated Content Jul 07, 2022
King dollar, you reign supreme
A look at the day ahead in markets from Dhara Ranasinghe. Whoever coined the phrase "king dollar" certainly had good reason for doing so and currency trading this week only confirms that the epithet h...
Syndicated Content Jul 07, 2022
Shell upgrades value of oil and gas assets by up to $4.5 billion
LONDON (Reuters) - Shell on Thursday said it will reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its outlook for energy prices in the wake of Russia's invasion of Ukrai...
Syndicated Content Jul 07, 2022
EDF to kick off search for new CEO as state re-nationalises company
PARIS (Reuters) - EDF and the French state will kick off the process to find a new boss a day after the French government announced its plan to fully re-nationalise the company, the French power compa...
Syndicated Content Jul 07, 2022
Sri Lanka central bank raises rates, targets inflation despite contraction in economy
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) - Sri Lanka's central bank raised key interest rates to the highest in two decades on Thursday to bring down record inflation, despite the country...
Syndicated Content Jul 07, 2022
South Korea says it aims to restrict growth in its debt-to-GDP ratio
SEOUL (Reuters) - South Korea said it will tighten government spending to slow an increase in its debt and keep the debt-to-GDP ratio at mid-50% by 2027, following years of massive stimulus measures t...
Syndicated Content Jul 07, 2022
Italy’s TIM sets out break up plan to attract new partners
ROME (Reuters) - Italy's former phone monopoly Telecom Italia (TIM) set out a plan to split its fixed network infrastructure from its service businesses in a bid to raise cash and cut debt. Under a st...
Syndicated Content Jul 07, 2022
UniCredit CEO says “progressive disengagement” from Russia needed – paper
MILAN (Reuters) - UniCredit is working on a "progressive disengagement" from Russia, which is performing well from a financial standpoint, the Italian bank's chief executive told Italian daily Il Sole...
Syndicated Content Jul 07, 2022
Peoria, IL, USA
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