Category Archives:
Euro zone current account surplus widens in February
FRANKFURT (Reuters) - The euro zone's current account surplus widened in February as imports fell thanks lower energy costs and already large net exports of services remained broadly steady, data from...
Apr 19, 2023
Mercedes includes buyback option as Russian assets sale given official approval
(Reuters) - Mercedes-Benz has agreed on a buyback option for its Russian assets, the sale of which has now been granted official approval, the German carmaker said on Wednesday, bringing its exit from...
Apr 19, 2023
Rheinmetall and KMW to upgrade Puma armoured vehicles for German army
(Reuters) - Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry fighting vehicles, the companies said on Wednesday The order for their ...
Apr 19, 2023
ASML China sales dip in Q1 but seen stronger next nine months
AMSTERDAM (Reuters) - Dutch semiconductor equipment maker ASML Holding NV expects sales to mainland China to pick up for the remainder of 2023 following a dip in the first quarter, it said on Wednesda...
Apr 19, 2023
China may hold lending benchmarks steady as recovery remains on track -analysts
SHANGHAI/SINGAPORE (Reuters) - China is widely expected to stand pat on lending benchmarks at the monthly fixing on Thursday, a Reuters survey showed, as economic recovery has been well on track - as ...
Apr 19, 2023
Glencore raises pressure on Teck Resources with promise of higher bid
LONDON (Reuters) - Glencore has told Teck Resources' shareholders it is willing to improve its $22.5 billion takeover offer, raising the pressure on the Canadian miner to ditch a restructuring plan an...
Apr 19, 2023
UK inflation, highest in western Europe, falls only a little in March
By Andy Bruce and David Milliken LONDON (Reuters) - Britain now has western Europe's highest rate of consumer price inflation after it fell by less than expected in March to 10.1% from February's 10.4...
Apr 19, 2023
Heineken beer sales fall on weak Vietnam, Nigeria drinking
BRUSSELS (Reuters) - Heineken reported a steeper than expected decline in first-quarter beer sales, with a sharp decline in major markets Nigeria and Vietnam, but maintained its forecast for profit gr...
Apr 19, 2023
EU passenger car sales up 28.8% to over 1 million units in March, ACEA says
(Reuters) - Passenger car registrations in the European Union rose 28.8% in March to more than one million units, the European Automobile Manufacturers Association (ACEA) reported on Wednesday. Batter...
Apr 19, 2023
SMFG becomes first big Japan bank to sell AT1 bonds since Credit Suisse’s debt wipeout
By Junko Fujita TOKYO (Reuters) - Sumitomo Mitsui Financial Group (SMFG) priced $1.04 billion of additional tier-1 (AT1) debt on Wednesday, becoming the first major Japanese bank to sell them since th...
Apr 19, 2023
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