Category Archives:
UK records 21.5 billion pound budget deficit in March
LONDON (Reuters) - Britain recorded a bigger-than-expected budget deficit of 21.53 billion pounds ($26.87 billion) in March, official data showed on Tuesday, capping off the fourth-highest borrowing f...
Apr 25, 2023
Argentina’s peso, at record lows in black market, stokes market jitters
NEW YORK (Reuters) - Argentina's peso tumbled to a record low in the popular black market as an election build-up sows uncertainty and the economy shows strains beyond the country's all-important grai...
Apr 25, 2023
German export sentiment at highest level since February 2022 – Ifo
(Reuters) - Sentiment among German exporters in April hit its highest point since the outbreak of war in Ukraine last year, according to a survey by the Ifo economic institute released on Tuesday. The...
Apr 25, 2023
U.S. deploys more cyber forces abroad to help fight hackers
By Zeba Siddiqui SAN FRANCISCO (Reuters) - The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersec...
Apr 25, 2023
China’s Shanghai to ramp up high-tech investments
BEIJING (Reuters) - China's financial hub of Shanghai will promote investments in specialized technology including chip design, circuitry and artificial intelligence as the country pushes forward with...
Apr 25, 2023
Nestle beats quarterly sales estimates as prices rise sharply
LONDON (Reuters) -Nestle reported slightly better-than-expected first-quarter sales on Tuesday as the world's biggest packaged food company hiked prices to offset its tepid sales volume. The Swiss com...
Apr 25, 2023
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) - An initiative to offer an instant payments service in Europe from the end of 2023 said on Tuesday it has acquired two payment firms and obtained the backing of more ban...
Apr 25, 2023
Cryptoverse: Investors pick their AI race horses
By Lisa Pauline Mattackal (Reuters) - What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas...
Apr 25, 2023
Novartis lifts full-year earnings outlook
FRANKFURT (Reuters) - Novartis on Tuesday raised its full-year earnings outlook, citing a strong growth momentum. The Swiss drugmaker said in a statement that when excluding Sandoz, the generic-drug d...
Apr 25, 2023
Hyundai Motor’s Q1 net profit jumps 109%, beating expectations
SEOUL (Reuters) - South Korea's Hyundai Motor Co on Tuesday reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased and demand for its high-...
Apr 25, 2023
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