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Prosus cuts India’s Byju’s valuation to under $3 billion
MUMBAI (Reuters) - Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the compa...
Syndicated Content Nov 29, 2023
J.P.Morgan sees “challenging” backdrop for stocks in first half of 2024
(Reuters) - J.P.Morgan expects economic uncertainty clouding the outlook for risky assets in the first half of next year as investors look for clarity on the direction of monetary policy. "Equities wi...
Syndicated Content Nov 29, 2023
ECB should not set policy based on profit concerns: de Guindos
FRANKFURT (Reuters) - The European Central Bank should not set policy based on consideration about its own profitability or the profits earned by banks, ECB Vice President Luis de Guindos said in a ne...
Syndicated Content Nov 29, 2023
New Zealand’s central bank defends Maori language use
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank chief defended its use of the Maori language in official communications on Wednesday, as the country's new centre-right government loo...
Syndicated Content Nov 29, 2023
Spain’s 12-month inflation falls to 3.2% in November
(Reuters) - Spain's 12-month inflation rate fell to 3.2% in November, preliminary data from the National Statistics Institute (INE) showed on Wednesday. The 12-month inflation was lower than the 3.5% ...
Syndicated Content Nov 29, 2023
Explainer-What happens at a COP climate summit?
By William James (Reuters) - Imagine a massive industry expo with the drama of a dozen simultaneous political conferences, a few flashes of impassioned protest and the occasional crowd crush to glimps...
Syndicated Content Nov 29, 2023
BoE’s Bailey vows to do ‘what it takes’ to cut inflation to 2%
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday that the central bank "will do what it takes" to get inflation down to its 2% target, adding that he had not yet seen enough ...
Syndicated Content Nov 29, 2023
Israel’s First International Bank Q3 profit dips, default provision jumps
By Steven Scheer JERUSALEM (Reuters) - First International Bank of Israel (FIBI) reported a dip in third-quarter net profit, hurt by a quadrupling of its provisions to protect against future loan defa...
Syndicated Content Nov 29, 2023
Vanguard Australia eyes mergers to grow in domestic pension market
By Lewis Jackson SYDNEY (Reuters) - Vanguard Australia will look to buy or merge with domestic pension funds, in an effort to grow its retirement product as much as fifty-fold, Managing Director Danie...
Syndicated Content Nov 29, 2023
Denso: Toyota group to sell Denso stake, as components maker looks to buy back shares
TOKYO (Reuters) - Toyota Motor and two affiliates will sell a total of 256,373,400 shares in auto components maker Denso in a sale worth 589.1 billion yen ($4 billion) at Wednesday's closing share pri...
Syndicated Content Nov 29, 2023
Peoria, IL, USA
58 °F Partly cloudy
