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Bank of England warns of rising pressure on British households and businesses
By David Milliken and Huw Jones LONDON, Dec 13 (Reuters) - The Bank of England warned on Tuesday about "significant pressure" on households and businesses due to higher inflation and borrowing costs, ...
Syndicated Content Dec 13, 2022
Cathay Pacific Airways aims to return to pre-pandemic levels by end-2024
HONG KONG (Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Tuesday the group is on track to achieve target of operating up to one-third of pre-pandemic passenger flight capacity levels by en...
Syndicated Content Dec 13, 2022
Italy’s Equita hires Lazard banker Schiavina
MILAN (Reuters) - Italian boutique investment bank Equita has hired former Lazard banker Edoardo Schiavina as managing director to strengthen its industrial advisory team, it said on Tuesday. Schiavin...
Syndicated Content Dec 13, 2022
Analysis-COP15 debates whether biodiversity credits can put a value on nature
By Jake Spring and Simon Jessop SAO PAULO (Reuters) - As the U.N. COP15 summit in Montreal aims to halt rapid destruction of nature and restore degraded lands, some experts have called for selling "bi...
Syndicated Content Dec 13, 2022
Hapag-Lloyd CEO sees bounce in shipping demand as short-lived
FRANKFURT (Reuters) - Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more muted outlook for the indus...
Syndicated Content Dec 13, 2022
China delays economic policy meeting amid COVID surge – ET Now
(Reuters) - China is delaying its economic policy meeting amid a surge in COVID cases, the ET Now news website said on Tuesday, citing unnamed sources. (Reporting by Akanksha Khushi in Bengaluru; Edit...
Syndicated Content Dec 13, 2022
Russia sees fixed capital investment growth in 2022 – state media
(Reuters) - Russia expects investment in fixed capital to have grown in 2022, economy minister Maxim Reshetnikov was cited by state media as saying on Tuesday. Fixed capital investment is money spent ...
Syndicated Content Dec 13, 2022
Lufthansa raises 2022 profit forecast, shares rise
(Reuters) - Lufthansa expects to achieve adjusted earnings before interest and taxes (EBIT) of around 1.5 billion euros ($1.58 billion) in 2022, the German flag carrier said in a statement on Tuesday....
Syndicated Content Dec 13, 2022
Binance halts withdrawals of major USDC stablecoin
LONDON (Reuters) - Binance, the world's biggest crypto exchange, said on Tuesday it had "temporarily paused" withdrawals of the major stablecoin USDC. "On USDC, we have seen an increase in withdrawals...
Syndicated Content Dec 13, 2022
Deutsche Bank: Claims in Postbank case remain unfounded
FRANKFURT (Reuters) - Deutsche Bank said on Tuesday that claims in a years-long litigation over its takeover of Postbank remain unfounded. (Reporting by Tom Sims and Marta Orosz, editing by Rachel Mor...
Syndicated Content Dec 13, 2022
Peoria, IL, USA
42 °F Partly cloudy
