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Russia’s VTB to raise $1.2 billion from SPO in capital top-up
By Elena Fabrichnaya MOSCOW (Reuters) - Russia's No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in its secondary public offering (SPO), CFO Dmitry Pyanov said, in a capital top-u...
Syndicated Content Jun 07, 2023
OECD sees limited growth pick-up as rate hikes weigh
By Leigh Thomas PARIS (Reuters) - Global economic growth will pick up only moderately over the next year as the full effects of central bank rate hikes are felt, softening the boost from lower inflati...
Syndicated Content Jun 07, 2023
UK’s Sunak seeks stronger economic ties with U.S. on Washington trip
LONDON (Reuters) -Britain wants to put its economic ties with the United States on the same footing as the two countries' defence and security cooperation to help both counter global threats, Prime Mi...
Syndicated Content Jun 07, 2023
Fall business travel international flight bookings near 2019 levels -ForwardKeys
By Allison Lampert and Doyinsola Oladipo (Reuters) - Flight bookings for international business travel this fall are nearing 2019 levels, in a sign of recovery, according to a travel data firm, but cl...
Syndicated Content Jun 07, 2023
ECB rate hikes make take longer than usual to feed through: Schnabel
FRANKFURT (Reuters) - European Central Bank interest rate hikes could take longer than usual to pass through to the real economy and their impact may be more muted than usual, ECB board member Isabel ...
Syndicated Content Jun 07, 2023
Diageo’s long-time boss Ivan Menezes passes away after brief illness
(Reuters) - Diageo said on Wednesday long-time boss Ivan Menezes has passed away following a brief illness. The announcement comes after the world's biggest spirits company on Monday said CEO-designat...
Syndicated Content Jun 07, 2023
UK’s payments regulator lays down new norms to tackle fraud
(Reuters) - Britain's Payment Systems Regulator on Wednesday confirmed new requirements for banks and payment firms to ensure more victims than ever before of authorised push payment (APP) fraud will ...
Syndicated Content Jun 07, 2023
Column-Euro economic misses may mask pandemic reboot :Mike Dolan
By Mike Dolan LONDON (Reuters) - Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, the euro zone may not want or need to go back there. One of the bigges...
Syndicated Content Jun 07, 2023
UK house prices post first annual drop since 2012: Halifax
By Suban Abdulla LONDON (Reuters) -British house prices dropped on an annual basis in May for the first time in 11 years, mortgage lender Halifax said on Wednesday, as an increase in mortgage rates fr...
Syndicated Content Jun 07, 2023
Analysis-Starbucks brews up cheaper India drinks as domestic rivals expand
By M. Sriram and Aditya Kalra MUMBAI/NEW DELHI (Reuters) - Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns...
Syndicated Content Jun 07, 2023
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