Category Archives:
Russia stands by 2% of GDP budget deficit plan after huge Jan shortfall
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia's finance ministry is sticking with plans to post a budget deficit of no more than 2% of gross domestic product (GDP) in 2023, despit...
Feb 17, 2023
Airports see smoother summer travel than 2022 but brace for headaches
By Allison Lampert and Joanna Plucinska (Reuters) - Global airports expect smoother travel this summer as staffing improves, but surging passenger demand during peak periods in Europe and North Americ...
Feb 17, 2023
Swiss Re 2022 net profit down 67%; sees brighter outlook for 2023
FRANKFURT (Reuters) - Reinsurance company Swiss Re said on Friday that net profit for 2022 fell 67% as it faced claims from Hurricane Ian in Florida, pandemic losses, and high inflation, but it sees a...
Feb 17, 2023
Japan consumer inflation rate seen accelerating to over 41-year high: Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's core consumer prices likely accelerated to a more than 41-year high in January, a Reuters poll of 19 economists showed, reflecting companies' will to rai...
Feb 17, 2023
Analysis-European firms strike high-stakes bond deals as interest rates rise
By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) - European firms are selling debt that can be converted into their own shares at an unrelenting pace, as they seek shelter from the fastest e...
Feb 17, 2023
Russians switch to used cars as sanctions pummel auto sector
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) - Spending on new cars in Russia more than halved last year as the auto industry felt the full force of Western sanctions over the conflict in U...
Feb 17, 2023
How sanctions complicated day-to-day banking for Russians
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Financial sanctions against Russia have strangled its banks' profits and wrecked many lenders' international operations, but one year after...
Feb 17, 2023
TikTok planning 2 more data centers in Europe amid data security concerns
By Foo Yun Chee BRUSSELS (Reuters) - Chinese social media company TikTok plans to open two more data centers in Europe, a senior executive said on Friday, a move that could mitigate concerns over the ...
Feb 17, 2023
Analysis-What recession? Strong economy buoys U.S. stocks, though Fed casts shadow
By David Randall NEW YORK (Reuters) - Signs of strength in the U.S. economy have buoyed stocks in the face of rising Treasury yields and hawkish Federal Reserve expectations, though some investors bel...
Feb 17, 2023
Air France-KLM reports robust bookings for 2023, forecasts higher margins
By Joanna Plucinska LONDON (Reuters) - Air France KLM said on Friday 2023 bookings were almost back to 2019 levels as the airline forecast higher margins in the medium term amidst an ongoing travel re...
Feb 17, 2023
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