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UK inflation hits nearly 30-year high of 5.5%
By David Milliken LONDON (Reuters) -British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that the B...
Syndicated Content Feb 16, 2022
Turkey’s Ziraat Bank raises capital to 34.9 billion lira
ISTANBUL (Reuters) - The capital of Turkey's Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank's annual financial report, with the amount to be paid by...
Syndicated Content Feb 16, 2022
Glencore may sell Russneft stake to founder Gutseriyev, says Kommersant
MOSCOW (Reuters) - Swiss commodities firm Glencore may be selling its stake in Russian oil group Russneft to its former owner and founder Mikhail Gutseriyev, the Kommersant daily reported on Wednesday...
Syndicated Content Feb 16, 2022
Heineken casts doubt on 2023 margin target as input costs rise
BRUSSELS (Reuters) - Heineken cast doubt on its mid-term profit margin target due to the significant impact of inflation, after reporting stronger than expected earnings in 2021 from higher prices and...
Syndicated Content Feb 16, 2022
Rising costs, lack of widebody flights pose risks to recovery in aircraft maintenance market
By Chen Lin and Jamie Freed SINGAPORE (Reuters) - The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the widebody ...
Syndicated Content Feb 16, 2022
Beijing city’s draft rules ban preschool tutoring apps
BEIJING (Reuters) - Beijing city authorities issued draft rules on Wednesday that ban preschool tutoring apps for elective subjects, an extension of a crackdown on the for-profit private education sec...
Syndicated Content Feb 16, 2022
Olympics-For snowboarders and skiers, tunes and good vibes fuel Olympic chill
By Mari Saito and Winni Zhou ZHANGJIAKOU, China (Reuters) - For skiers and snowboarders at the Beijing Olympics, getting into the right headspace before dropping in is half the battle. That's where mu...
Syndicated Content Feb 16, 2022
Will Kering and Hermes follow Louis Vuitton’s lead on prices?
By Mimosa Spencer PARIS (Reuters) - When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shop...
Syndicated Content Feb 16, 2022
Ex-Goldman partner to testify against former colleague in 1MDB corruption trial
By Luc Cohen NEW YORK (Reuters) - Two former Goldman Sachs colleagues will face off in a Brooklyn courtroom on Wednesday in a trial over the looting of hundreds of millions of dollars from Malaysia's ...
Syndicated Content Feb 16, 2022
Exclusive-Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there
By Chen Lin SINGAPORE (Reuters) - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the mat...
Syndicated Content Feb 15, 2022
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