Category Archives:
World Bank’s Banga: Interest rates to stay higher for longer
MARRAKECH, Morocco (Reuters) - World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across the globe. He also to...
Oct 11, 2023
China’s trade slump likely eased further in September, adds to stabilisation signs: Reuters poll
By Joe Cash BEIJING (Reuters) - China's exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed on Wednesday, adding to a string of recent data su...
Oct 11, 2023
Factbox-EU, UN, several countries pledge aid to earthquake-striken Afghanistan
ISLAMABAD (Reuters) - Another major earthquake rattled western Afghanistan on Wednesday, just days after one of the world's deadliest earthquakes killed more than 2,400 people and levelled thousands o...
Oct 11, 2023
LVMH shares slump and hit fashion sector as luxury giant’s sales growth moderates
PARIS (Reuters) -LVMH's shares slumped on Wednesday, knocking back other shares in the fashion sector, as the French luxury giant's third quarter revenues showed signs of a slowdown in growth. LVMH's ...
Oct 11, 2023
UK vacancies fall but jobs market slowdown may be ending-REC
LONDON (Reuters) - British employers cut their job vacancies for the first time in more than two-and-a-half years in September and reduced their hiring again, a recruiters' industry body said on Wedne...
Oct 11, 2023
Australian billionaire Gina Rinehart accumulates 19.9% stake in Albemarle target Liontown
By Scott Murdoch SYDNEY (Reuters) - Australian billionaire Gina Rinehart has taken a 19.9% stake in lithium miner Liontown Resources, her company Hancock Prospecting said on Wednesday, potentially hin...
Oct 11, 2023
Uniqlo owner set for 26% profit surge on China rebound, yen slide
By Rocky Swift TOKYO (Reuters) - The Japanese operator of global clothing chain Uniqlo is expected to blow past last year's record profit when it reports results on Thursday, benefiting from a recover...
Oct 11, 2023
Drugmaker GSK settles California lawsuit on Zantac
(Reuters) -GSK on Wednesday said it had reached a confidential settlement on a litigation in California alleging that the British drugmaker's discontinued heartburn drug Zantac caused cancer. The tria...
Oct 11, 2023
Analysis-Use of weather derivatives surges as extreme climate events rock the globe
By Harry Robertson LONDON (Reuters) - Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on the weather, as they seek to protect them...
Oct 11, 2023
Column-Inured to edgy geopolitics, markets deflect risk :Mike Dolan
By Mike Dolan LONDON (Reuters) - The modest reaction of global markets to the shock of another Middle East war says more about an investment world already braced for more turbulent times than nonchala...
Oct 11, 2023
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