Category Archives:
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
By Indranil Sarkar (Reuters) - Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening their mone...
Apr 21, 2022
In Bolivia, a battle over a receding glacier ‘doomed to disappear’
By Monica Machicao LA PAZ (Reuters) - In the Andean mountains of Bolivia's high western plains where snow lies powdered over dark rocks that rise into a hard gray sky, scientists and climbers are figh...
Apr 21, 2022
China unveils private pension plan for ageing population
BEIJING (Reuters) - China unveiled a private pension scheme on Thursday, allowing employees to save funds in pension accounts and invest in financial products, in the latest move by authorities to add...
Apr 21, 2022
Getlink first-quarter revenue jumps almost 50% as travel picks up
(Reuters) - The operator of the Channel Tunnel Getlink posted a rise of almost 50% in first-quarter revenue on Thursday, as travel in Europe gradually recovers from the pandemic. "The strong rebound i...
Apr 21, 2022
Discounter Pepco’s first-half sales up 17.5% on new store openings
LONDON (Reuters) - Pepco Group, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported on Thursday a 17.5% increase in first-half revenue, driven by new store openings. The gr...
Apr 21, 2022
Radisson Hotel Group plans Asia-Pacific expansion as travel restrictions ease
MANILA (Reuters) - Radisson Hotel Group plans to add 150 hotels in Asia-Pacific this year as it banks on travel, tourism, and economic recovery in the region, its CEO said on Thursday. Radisson, one o...
Apr 21, 2022
Nestle Q1 growth beats expectations thanks to strong price increases
ZURICH (Reuters) -Food group Nestle on Thursday confirmed its margin and sales growth targets for 2022 after strong price increases to counter cost inflation helped organic sales rise more than expect...
Apr 21, 2022
Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator – FT
(Reuters) - Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the Financial Times reported on Thu...
Apr 21, 2022
For oil refiners, now is the summer of distillate content
By Laura Sanicola (Reuters) - Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been t...
Apr 21, 2022
ABB posts ‘promising’ start to 2022 with big jump in orders
ZURICH (Reuters) - ABB expects to continue its "promising" start to 2022, the engineering and technology company said on Thursday, after posting better-than-expected profit and a big jump in orders du...
Apr 21, 2022
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