Category Archives:
ECB could raise inflation projections, policymaker says
VILNIUS (Reuters) - The European Central Bank (ECB) may need to raise its inflation projections further in December, Lithuanian policymaker Gediminas Simkus told reporters on Friday. Simkus added that...
Oct 28, 2022
Electrolux swings to loss in Q3, braces for further market slowdown
STOCKHOLM (Reuters) - Sweden's Electrolux swung to loss in the third quarter as costs soared, particularly in North America, and demand slowed, and warned of further slowdown. Europe's biggest home ap...
Oct 28, 2022
Column-Fed may be alert to favoured yield curve alarm: Mike Dolan
By Mike Dolan LONDON (Reuters) - If the U.S. Federal Reserve tends to tighten hard until something breaks, as some investors still believe despite the central bank's denials, then it may have heard an...
Oct 28, 2022
French economy grows 0.2% in third quarter – INSEE
PARIS (Reuters) - France's economy expanded 0.2% in the third quarter as household spending stagnated, an official preliminary reading showed on Friday. A Reuters poll had forecast third-quarter growt...
Oct 28, 2022
Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) - The Christmas shopping period is unlikely to bring relief to European retailers that sell anything from running shoes to handbags as the cost-of-living crisis squeeze...
Oct 28, 2022
Finnair posts first quarterly profit since 2019
HELSINKI (Reuters) - Finland's national carrier Finnair on Friday posted its first positive quarterly comparable operating profit since the final quarter of 2019, although its net result remained in t...
Oct 28, 2022
Tobacco and nicotine group Swedish Match’s Q3 profit matches expectations
(Reuters) - Nicotine and tobacco products group Swedish Match on Friday reported a third-quarter operating profit matching expectations and said its U.S. smokefree business and a strong dollar had inc...
Oct 28, 2022
French asset manager Amundi posts Q3 outflows of $13 billion
LONDON (Reuters) - French asset manager Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, it said on Friday, hurt by weak markets and concern about the economic o...
Oct 28, 2022
BA-owner IAG posts Q3 profit of 1.2 billion euros as revenues recover
LONDON (Reuters) -IAG, owner of British Airways and Iberia, reported third-quarter adjusted operating profit of 1.21 billion euros ($1.21 billion) after revenue returned to pre-pandemic levels despite...
Oct 28, 2022
Exclusive-KKR raises $6 billion for biggest Asia infrastructure fund -sources
By Anshuman Daga SINGAPORE (Reuters) - KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising...
Oct 28, 2022
Peoria, IL, USA
49 °F Partly cloudy
