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Ukraine’s GDP fell 29.1% in 2022 during Russia’s invasion
KYIV (Reuters) - Ukraine's gross domestic product (GDP) fell by 29.1% in 2022 as Russia's full-scale invasion battered the economy, the state statistics service said late on Wednesday. The final 2022 ...
Syndicated Content Apr 13, 2023
KPMG fined 875,000 pounds for failures in Luceco audit
By Huw Jones LONDON (Reuters) - KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for its financial year to Dec. 31, 2016, Britain's accounting watchdog ...
Syndicated Content Apr 13, 2023
UBS has hired JPMorgan to explore C.Suisse domestic spin-off -Swiss media
ZURICH (Reuters) - UBS has hired JPMorgan to explore a possible IPO of Credit Suisse's domestic business, Zurich based finance blog Inside Paradeplatz reported on Thursday. Last month UBS agreed to ta...
Syndicated Content Apr 13, 2023
Exclusive-ECB policymakers converging on 25-bps rate hike in May – sources
By Balazs Koranyi WASHINGTON (Reuters) - European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is no...
Syndicated Content Apr 13, 2023
Renault strikes battery deal with Verkor for premium EVs
PARIS (Reuters) - Renault on Thursday announced a long-term commercial partnership with French start-up Verkor for the supply of electric batteries with an overall capacity of 12 GWh per year, includi...
Syndicated Content Apr 13, 2023
Darktrace says tough market for new customers hitting growth
LONDON (Reuters) - Cyber-security company Darktrace said the tough global economy had hit new customer additions and as a result it expected its full-year annual recurring revenue (ARR) to grow by aro...
Syndicated Content Apr 13, 2023
Imran Khan says Pakistan will struggle to break out of cycle of debt repayments – FT
(Reuters) - Pakistan will struggle to break out of a cycle of ongoing debt repayments without reform, former Pakistan Prime Minister Imran Khan told the Financial Times in an interview. Khan told the ...
Syndicated Content Apr 13, 2023
Uniqlo parent raises full-year outlook; sees China recovering
By Eimi Yamamitsu (Reuters) -Uniqlo parent Fast Retailing Co Ltd reported a 16% jump in first-half profit and lifted its outlook for the full year on Thursday, as the Japanese retailer saw a fledgling...
Syndicated Content Apr 13, 2023
UK economy shows no growth in February as strikes weigh
LONDON (Reuters) -Britain's economy failed to grow as expected in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit...
Syndicated Content Apr 13, 2023
Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) - Legacy automakers got off to a late start with their commercial electric vans, opening the door for other electric commercial vehicle (ECV) makers to gain a foothold, ...
Syndicated Content Apr 13, 2023
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