Category Archives:
Yandex parent to review ownership of Russian tech giant, seek divestment
MOSCOW (Reuters) - Russian internet giant Yandex's Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some ser...
Nov 25, 2022
Aveva’s shareholders accept Schneider takeover
LONDON (Reuters) - Aveva's shareholders approved majority owner Schneider Electric's takeover on Friday in a deal valuing the British software company at 9.86 billion pounds ($11.91 billion). France's...
Nov 25, 2022
Portugal’s parliament passes 2023 budget bill on final reading
LISBON (Reuters) - Portugal's parliament on Friday passed the majority Socialist government's 2023 budget, which aims to further slash the deficit and debt even as economic growth is expected to slow ...
Nov 25, 2022
German parliament passes welfare reform to boost benefits and training
BERLIN (Reuters) - Germany's lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of next year and provide new help to train ...
Nov 25, 2022
Japan’s top venture capital firm yields to activist for massive buybacks
By Makiko Yamazaki TOKYO (Reuters) - Japan's top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through a tender offer, yielding to...
Nov 25, 2022
Brazil posts current account deficit of $4.6 billion in October
BRASILIA (Reuters) - Brazil's current account deficit in October came slightly lower than expected, central bank data showed on Friday, in the wake of a better trade balance surplus and a significant ...
Nov 25, 2022
India’s central bank approves 12 ‘vostro’ accounts for rupee trade – official
NEW DELHI (Reuters) - India's central bank has given approval to banks to open 12 special "vostro accounts" for trade in rupees with trading partners, its Executive Director Deepak Kumar said on Frida...
Nov 25, 2022
Futures largely subdued with Black Friday sales in focus
(Reuters) - U.S. stock index futures were largely subdued on Friday, with investors closely monitoring the major retailers as Black Friday sales began against the backdrop of stubbornly high inflation...
Nov 25, 2022
Hungary complains to EU about Ukrainian law’s impact on some firms
(Reuters) - Hungary's foreign minister said on Friday it has complained to the European Union alleging that Ukraine is making business harder for its companies such as drugmaker Richter because they h...
Nov 25, 2022
India, UAE central banks discuss rupee-dirham trade prospects -official
By Shivangi Acharya NEW DELHI (Reuters) - The central banks of India and the United Arab Emirates are discussing a potential mechanism to trade in their respective local currencies, India's ambassador...
Nov 25, 2022
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