Category Archives:
China says U.S. cutting tariffs on Chinese goods would be in interest of U.S. firms, consumers
BEIJING (Reuters) - China's Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms and consumers. Gao Feng, ministry spokesman, ...
Apr 28, 2022
Dollar borrowing costs rise as euro, yen fall
LONDON (Reuters) - Borrowing costs for U.S. dollars in currency derivatives markets rose sharply on Thursday after the dollar surged to within striking distance of its highest levels in two decades. T...
Apr 28, 2022
Italian broadcaster MFE confident on 2022 results
MILAN (Reuters) - Italy's biggest private broadcaster MediaForEurope (MFE) said it expected "positive economic results" this year partly thanks to its ability to quickly trim costs were the fallout fo...
Apr 28, 2022
China, supply chain issues hurt Beiersdorf adhesives unit’s outlook
FRANKFURT (Reuters) -Beiersdorf, the maker of Nivea skin care products and Tesa glue, cut the forecast for full-year sales at its adhesives unit on Thursday due to extensive lockdowns in China and ong...
Apr 28, 2022
Alibaba looks to expand Southeast Asian arm Lazada to Europe – sources
By Fanny Potkin and Brenda Goh SINGAPORE/SHANGHAI (Reuters) - Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chines...
Apr 28, 2022
ECB must watch above-target inflation expectations -ECB VP
FRANKFURT (Reuters) - The European Central Bank needs to keep a close eye on the recent rise in inflation expectations above its 2% target, ECB Vice President Luis de Guindos said on Thursday. "Over t...
Apr 28, 2022
Japan Tobacco considers sale of Russia operations
TOKYO (Reuters) - Japan Tobacco (JT) said on Thursday it was considering selling its Russia operations after suspending investment and marketing activities in the country last month following Moscow's...
Apr 28, 2022
Nearly one in three ECB bosses is German as France lags
FRANKFURT (Reuters) - One in three managers at the European Central Bank is German, giving the ECB's host country an ever bigger representation than its size would imply, ECB data showed on Thursday. ...
Apr 28, 2022
BOJ Governor Kuroda’s comments at news conference
(Reuters) - The Bank of Japan on Thursday doubled down on its commitment to maintain its massive stimulus programme and a pledge to keep interest rates ultra-low, triggering a fresh sell-off in the ye...
Apr 28, 2022
Marketmind: The weak currency gang
A look at the day ahead in markets from Dhara Ranasinghe. The weak-currency gang is growing in force. The yen plunged to a new two-decade low versus the dollar on Thursday after the Bank of Japan doub...
Apr 28, 2022
Peoria, IL, USA
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