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Credit Suisse vice chair faces opposition to re-election – FT
ZURICH (Reuters) - Credit Suisse Vice Chair Severin Schwan faces opposition to his re-election to the board of the embattled Swiss lender, The Financial Times reported on Wednesday. Some investors sai...
Syndicated Content Feb 09, 2022
Sri Lanka not on verge of sovereign default, says central bank
COLOMBO (Reuters) - Sri Lanka's central bank on Wednesday said claims the country is on the verge of a sovereign default were "totally unsubstantiated". Sri Lanka is facing its worst financial crisis ...
Syndicated Content Feb 09, 2022
GSK logs nearly $2 billion in COVID-related sales, but profit boost to wane in 2022
(Reuters) - GSK racked up 1.4 billion pounds ($1.9 billion) in COVID-related sales in 2021, largely for antibody drug sotrovimab, as it beat quarterly forecasts in its first earnings report since reje...
Syndicated Content Feb 09, 2022
Thai central bank holds key rate at record low, as expected
BANGKOK (Reuters) - Thailand's central bank left its key interest rate unchanged at a record low on Wednesday, seeking to maintain support for a fragile recovery in Southeast Asia's second-biggest eco...
Syndicated Content Feb 09, 2022
Freight forwarder DSV expects supply chain disruptions well into 2022
COPENHAGEN (Reuters) -Freight forwarder DSV expects to lift operating profit this year as it sees chaotic conditions in the global supply chain, and therefore, higher freight rates, continue in the fi...
Syndicated Content Feb 09, 2022
Thailand to support digital technology to help economy – Finance Minister
BANGKOK (Reuters) - Thailand will support digital technology to help build a sustainable and broad-based economy, its finance minister said on Wednesday. However, new innovation should not impact the ...
Syndicated Content Feb 09, 2022
BOJ’s Nakamura says stable $/yen moves good for economy
TOKYO (Reuters) - Bank of Japan board member Toyoaki Nakamura said on Wednesday the country's economy would benefit if the dollar moves stably within the current range of around 103-115 yen. "Compared...
Syndicated Content Feb 09, 2022
Akzo Nobel misses Q4 core profit forecast due to raw material costs
(Reuters) -Dutch paints and coatings maker Akzo Nobel reported on Wednesday weaker-than-expected quarterly core earnings as high costs of raw materials continued to weigh on the market. Chemical maker...
Syndicated Content Feb 09, 2022
Honda posts 17% fall in Q3 operating profit but raises full-year view
TOKYO (Reuters) - Honda Motor Co raised its full-year operating forecast on Wednesday, aided by cost cutting and a weak yen despite a persistent global chip shortage. It upgraded its latest forecast f...
Syndicated Content Feb 09, 2022
France’s Amundi beats strategic targets on surging inflows
(Reuters) - French funds manager Amundi said it exceeded its 2022 strategic targets on Wednesday, as it posted a strong rise in earnings helped by its retail business and expansion in Asia. Amundi, wh...
Syndicated Content Feb 09, 2022
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