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Lira drops 3% near record low as Turkey stumbles into unknown
ISTANBUL (Reuters) - Turkey's lira tumbled anew on Wednesday towards a record low, gripped by worries over soaring inflation and other economic fallout, after a 15% crash a day earlier that was driven...
Syndicated Content Nov 24, 2021
UK’s Mulberry says sales returns to pre-pandemic levels
(Reuters) - Mulberry Group's business is returning to pre-pandemic levels, the British luxury brand said on Wednesday, with strong sales in the UK and growth in Asia contributing to a 34% jump in firs...
Syndicated Content Nov 24, 2021
Exclusive-Warburg cuts Ant valuation by 15% to below $200 billion – source
By Julie Zhu, Kane Wu and Nikhil Nainan HONG KONG (Reuters) - U.S. private equity firm Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech company by 15%...
Syndicated Content Nov 24, 2021
Exclusive-Deutsche Boerse’s EEX to launch hydrogen index in 2022
By Vera Eckert FRANKFURT (Reuters) - Deutsche Boerse's power and gas exchange EEX plans to launch an index to price hydrogen next year to aid trading of the commodity that is expected to play a big ro...
Syndicated Content Nov 24, 2021
Column-Yearend stress catalyzed by a restive dollar: Mike Dolan
By Mike Dolan LONDON (Reuters) - As the good and great of the investment world try to figure out 2022, they may have taken their eyes off the rest of this year. All of a sudden, the coming yearend -- ...
Syndicated Content Nov 24, 2021
Shell faces anger over takeover of Australian green energy retailer
MELBOURNE (Reuters) - Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to a...
Syndicated Content Nov 24, 2021
Japan to release a few hundred thousand kilolitres of oil from reserve
TOKYO (Reuters) - Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country's industry minister, Koichi Hagiuda, ...
Syndicated Content Nov 24, 2021
Orange CEO Richard’s future hangs on French court decision
By Mathieu Rosemain PARIS (Reuters) - France's Orange will hold a board meeting on governance at the country's biggest telecoms group whatever the court verdict on Wednesday in a case involving Chief ...
Syndicated Content Nov 24, 2021
Fertilizer shortage may lead to spring scramble on North America’s farms
By Rod Nickel (Reuters) - A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America's farmers to delay purchases and raising the risk of a spring scramble to...
Syndicated Content Nov 24, 2021
BlackRock joins e-car charging venture Ionity in $788 million funding round
By Christoph Steitz FRANKFURT (Reuters) - BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in a 700 million euro ($788 million) funding round, pro...
Syndicated Content Nov 24, 2021
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