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EFG shares jump 3% following record profitability
ZURICH (Reuters) - EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit of more than 240 million Swiss francs ($270.09 million) for the first 10 month...
Syndicated Content Nov 16, 2023
Poor countries missing out on pre-arranged climate disaster finance – study
By Alessandro Parodi (Reuters) - The poorest and most vulnerable countries do not benefit enough from pre-arranged financing to cope with disasters and are most exposed to the losses and damage caused...
Syndicated Content Nov 16, 2023
Philippine central bank stays on hold, maintains hawkish tone
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) - The Philippine central bank kept its policy rate steady at 6.5% on Thursday, as expected, warning that its fight with inflation was not ove...
Syndicated Content Nov 16, 2023
New Delhi smog grows more intense as farm fires rage
NEW DELHI (Reuters) - Toxic smog gripping New Delhi grew more intense on Thursday as farm fires raged in nearby fields despite a court-ordered ban, making India's capital the world's most polluted cit...
Syndicated Content Nov 16, 2023
European shares edge lower after recent gains; HelloFresh tanks
(Reuters) - Europe's benchmark index slipped on Thursday, after a three-day run, as optimism around a peak in policy tightening and eventual rate cuts stemming from softening inflation across major ec...
Syndicated Content Nov 16, 2023
Investec half-year profit jumps 15%
JOHANNESBURG (Reuters) - South African lender Investec on Thursday reported half-year profit up 15.3%, led by increased loan volumes, corporate deposits and funds under management. The bank, which als...
Syndicated Content Nov 16, 2023
Carlyle cuts Asia fundraising target to $6 billion in challenging market-sources
By Kane Wu and M. Sriram HONG KONG/MUMBAI (Reuters) - U.S investment giant Carlyle Group has lowered the target for its latest pan-Asia private equity fund by at least 30% from its original $8.5 billi...
Syndicated Content Nov 16, 2023
Analysis-Western investors spooked as Moscow mulls compulsory share purchase plan
By Sinead Cruise, Elena Fabrichnaya and Alexander Marrow LONDON/MOSCOW (Reuters) - Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which ...
Syndicated Content Nov 16, 2023
Spotify to use Google’s AI to tailor podcasts, audiobooks recommendations
By Supantha Mukherjee STOCKHOLM (Reuters) - Spotify, on Thursday, expanded its partnership with Google Cloud to use large language models (LLMs) to help identify a user's listening patterns across pod...
Syndicated Content Nov 16, 2023
Japanese equities draw huge foreign inflows amid easing Fed rate hike fears
(Reuters) - Foreign investors were major buyers of Japanese equities last week, buoyed by robust corporate earnings and a broader global market rally amid expectations that the U.S. Federal Reserve ma...
Syndicated Content Nov 16, 2023
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