Category Archives:
Indian cenbank onshore, offshore intervention helps rupee outperform-traders
By Nimesh Vora MUMBAI (Reuters) - The Reserve Bank of India (RBI) is likely intervening in both the offshore and onshore markets to shield the rupee from the fallout of investors lifting their expecta...
Feb 22, 2023
China urges state firms to drop Big Four auditors on data risk – Bloomberg News
(Reuters) -Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms as Beijing seeks to rein in the influence of the Western audit firms, sig...
Feb 22, 2023
German inflation remains high at start of year
By Maria Martinez BERLIN (Reuters) -Germany's inflation rate showed no signs of easing at the start of the year, as energy and food price pressures remained high due to the war in Ukraine. German cons...
Feb 22, 2023
Lloyds full-year profit flat as bad loan charge weighs
LONDON (Reuters) - Lloyds Banking Group reported flat annual profit for 2022 on Wednesday, as a jump in income driven by higher interest rates was offset by mounting bad loan provisions. Britain's big...
Feb 22, 2023
Stellantis tops forecasts in H2, launches 1.5 billion euro share buy-back
MILAN (Reuters) -Carmaker Stellantis on Wednesday reported a forecast-beating 17% rise in operating profit in the second half of last year on a strong product and pricing mix, despite persistent issue...
Feb 22, 2023
Column-Watch the dollar for de-globalisation :Mike Dolan
By Mike Dolan LONDON (Reuters) - The end of modern globalisation may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge. A year from Russia'...
Feb 22, 2023
Citigroup forecasts global growth at 2.2% this year
(Reuters) - Citigroup economists on Wednesday raised their global growth forecast slightly but said they still expected the world's economy to grow at the slowest pace in 40 years. Economists at the W...
Feb 22, 2023
Danone Q4 sales beat forecasts and company eyes profitable growth in 2023
PARIS (Reuters) - Danone reported above forecast 7% like-for-like sales growth in the last quarter of 2022, as it was able to raise prices in the face of soaring raw materials and energy costs, which ...
Feb 22, 2023
Top brands pull out of Russia, but their goods remain easy to find
By Alexander Marrow MOSCOW (Reuters) - Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara's latest designs, and local online marketplaces snap up...
Feb 22, 2023
Analysis-U.S. stocks’ early-year rally is melting away as Treasury yields surge
By David Randall NEW YORK (Reuters) - Cracks are widening in an early-year rally in stocks, as rising Treasury yields bolster the allure of bonds and skew equity valuations. For weeks, stocks have lar...
Feb 22, 2023
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