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IMF’s chief economist urges Italy to toughen budget plans -media
ROME (Reuters) - The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund "a bit worried", its chief economist, Pierre-Olivier Gouri...
Oct 12, 2023
Sluggish UK economy grows by 0.2% in August – ONS
LONDON (Reuters) - Britain's economy partially recovered in August after a sharp drop in July but the bigger picture remained one of only sluggish growth after last year's surge in inflation and 14 ba...
Oct 12, 2023
Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
TOKYO (Reuters) -Japan's Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28% to reach its second consecutive record, aided by a post-pandem...
Oct 12, 2023
India’s TCS skids on demand recovery worries after Q2 revenue miss
BENGALURU (Reuters) - Shares of India's Tata Consultancy Services fell as much as 1.8% on Thursday, as investors worried that a recovery in demand was still not within reach after second-quarter reven...
Oct 12, 2023
Sri Lanka says it has deal with China EXIM bank to cover $4.2 billion debt
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka has reached an agreement with the Export-Import Bank of China to cover about $4.2 billion of the island nation's outstanding debt, its finance minist...
Oct 12, 2023
Honda, Mitsubishi Corp sign pact to optimise use of EV batteries
TOKYO (Reuters) - Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday. T...
Oct 12, 2023
Japan firms to issue digital currency for clear energy transaction
(Reuters) - A group of Japanese firms will issue a digital currency by July 2024 for the transaction and settlement of clean energy certificates, cryptocurrency exchange DeCurret said on Thursday. GMO...
Oct 12, 2023
Publicis raises 2023 sales target again as Q3 beats estimates
By Olivier Sorgho (Reuters) - Publicis, the world's largest advertising group by market value, on Thursday increased its 2023 sales and margin forecasts as it beat expectations in the third quarter, d...
Oct 12, 2023
Givaudan sales dragged by currency effects, still weak North America
(Reuters) - Swiss fragrance and flavour maker Givaudan on Thursday reported third quarter sales a touch below market expectations, weighed down by currency exchange effects and weaker volumes in its h...
Oct 12, 2023
Striking Hollywood actors, studios suspend negotiations
(Reuters) - Talks between the Alliance of Motion Picture and Television Producers (AMPTP) and negotiators for the SAG-AFTRA actors' union have been suspended after the union presented its most recent ...
Oct 12, 2023
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