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Suzuki Motor says demand strong despite economic concerns
TOKYO (Reuters) - Japan's Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about a global economic downturn. The view ...
Syndicated Content Aug 05, 2022
Strike-hit SAS passenger count fell 32% in July from June
STOCKHOLM (Reuters) - Scandinavian airline SAS said on Friday its total number of passengers decreased by 32% in July compared with June, and capacity by 23%, due to a 15-day pilot strike in July. SAS...
Syndicated Content Aug 05, 2022
Tiger Global underestimated inflation impact as flagship fund drops 50%
By Xie Yu HONG KONG (Reuters) - Tiger Global, one of the world's largest hedge funds, saw its flagship fund fall by 50% in the first half of the year after it underestimated the impact of a surge in g...
Syndicated Content Aug 05, 2022
BoE’s Bailey rebuffs talk of less central bank independence in UK
LONDON (Reuters) -Bank of England Governor Andrew Bailey pushed back against suggestions by the front-runner to become Britain's next prime minister Liz Truss and her supporters that the government sh...
Syndicated Content Aug 05, 2022
Firmenich marks last year of independence with record profit
By Ludwig Burger FRANKFURT (Reuters) - Market share gains in fine fragrances and strong demand for its food ingredients helped Switzerland's Firmenich, which has agreed to merge with DSM, deliver a ne...
Syndicated Content Aug 05, 2022
Storytel revenue beats expectations on audiobook demand
By Supantha Mukherjee STOCKHOLM (Reuters) - Swedish audiobook streaming group Storytel on Friday reported second-quarter revenue ahead of analyst expectations, helped by growth across the Nordics, Eur...
Syndicated Content Aug 05, 2022
Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021
By Lucy Raitano LONDON (Reuters) - Bond funds recorded their largest weekly inflow since late 2021 while equity funds were sold off, suggesting investors are becoming increasingly risk adverse against...
Syndicated Content Aug 05, 2022
U.N. food price index falls again in July
LONDON (Reuters) - The United Nations food agency's world price index declined again in July, edging further away from all-time highs hit in March. The Food and Agriculture Organization's (FAO) index,...
Syndicated Content Aug 05, 2022
London shares open lower as energy stocks weigh
(Reuters) - UK shares opened slightly lower on Friday, with energy stocks leading the declines, a day after the Bank of England raised interest rates by the most in 27 years. The FTSE 100 index dipped...
Syndicated Content Aug 05, 2022
European shares steady ahead of U.S. jobs data
(Reuters) - European shares were subdued on Friday with all eyes on U.S. jobs data expected later in the day, while investors assessed Bank of England's biggest rate hike in 27 years amid growing fear...
Syndicated Content Aug 05, 2022
Peoria, IL, USA
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