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JPMorgan, Citi and BNP invest in risk management provider Acin
By Andres Gonzalez LONDON (Reuters) - A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk control specialist A...
Syndicated Content Dec 15, 2022
China’s BYD to launch new “professional and personal” EV in 2023 – executive
BEIJING (Reuters) - China's BYD Co will launch a new "professional and personal" electric car brand in 2023, Brian Luo, the company's branding assistant general manager, said on Thursday. The new bran...
Syndicated Content Dec 15, 2022
India’s wheat stocks to fall further but sufficient, government says
NEW DELHI (Reuters) - Wheat stocks in India's government warehouses will fall by about 13% by early next month from current levels but will be sufficient for welfare schemes of the country, the minist...
Syndicated Content Dec 15, 2022
German wholesale price index eases in November
BERLIN (Reuters) - Germany's wholesale price index eased in November compared to the previous month, as signs mounted that inflation could peak in Europe's largest economy, according to data released ...
Syndicated Content Dec 15, 2022
Foreigners turn net buyers of Japanese stocks last week
(Reuters) - Foreign investors were net buyers of Japanese stocks last week, as worries about the U.S. Federal Reserve's interest rate hikes eased and sentiment improved after China eased its COVID-19 ...
Syndicated Content Dec 15, 2022
British American Tobacco closes Swiss plant, lays off 226 -paper
ZURICH (Reuters) - British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the 226 employees working there, the Tages-Anzeiger paper and other Swiss m...
Syndicated Content Dec 15, 2022
Asian FX bulls return as easing China COVID curbs improves outlook – Reuters poll
By Upasana Singh (Reuters) - Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine conflict broke out in February, as China easing its strict COVID curbs and h...
Syndicated Content Dec 15, 2022
Fashion retailer H&M’s Sept-Nov sales beat forecast
COPENHAGEN (Reuters) - H&M, the world's second-biggest fashion retailer, reported on Thursday a 10% increase year-on-year in September-November net sales, slightly exceeding market expectations of a 9...
Syndicated Content Dec 15, 2022
Norsk Hydro to supply Mercedes-Benz with low-carbon aluminium
By Victoria Klesty OSLO (Reuters) - Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury carmaker plans to d...
Syndicated Content Dec 15, 2022
Exclusive: Grab to implement cost cuts, cites uncertain macroeconomic situation – CEO in memo
By Anshuman Daga SINGAPORE (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic sit...
Syndicated Content Dec 15, 2022
Peoria, IL, USA
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