Category Archives:
Russia revives fried chicken chain Rostic’s after KFC owner finalises exit
By Tatiana Gomozova and Alexander Marrow MOSCOW (Reuters) - Former KFC restaurants in Russia will begin reopening as Rostic's on Tuesday, as the new owners revive a brand born soon after the collapse ...
Apr 25, 2023
Global central banks revert to weekly dollar swaps with Fed
FRANKFURT/LONDON/TOKYO (Reuters) - The world's top central banks will reduce the frequency of their dollar operations with the U.S. Federal Reserve after volatility in financial markets receded, the b...
Apr 25, 2023
Chinese-owned e-commerce platform Temu expands to Europe
By Casey Hall SHANGHAI (Reuters) - Ultra low-cost e-commerce platform Temu, owned by China's PDD Holdings has started selling to European markets including France, Germany, Italy, The Netherlands, Spa...
Apr 25, 2023
World Bank sees Western Balkan economies resilient despite subdued growth
SARAJEVO (Reuters) - The economies of the six countries of the Western Balkans show resilience despite economic growth estimated to moderate to 2.6% in 2023 and continued price rises, the World Bank s...
Apr 25, 2023
Commercial real estate loans in core Europe face $55 billion funding gap, report says
By Chiara Elisei LONDON (Reuters) - Around one in five loans backing commercial real estate (CRE) in Britain, France and Germany that fall due between now and 2025 are likely to face refinancing chall...
Apr 25, 2023
KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
By Richa Naidu LONDON (Reuters) - In a quarter that saw Nestle's overall sales volumes dip, the KitKat maker's candy business was a sweet spot as consumers celebrated Valentine's Day and an early East...
Apr 25, 2023
South Korea prosecutors indict Terraform Labs co-founder – Yonhap
SEOUL (Reuters) - South Korean prosecutors on Tuesday indicted the co-founder of the blockchain platform Terraform Labs, Daniel Shin, for fraud and other charges, the Yonhap news agency reported. Shin...
Apr 25, 2023
UK grocery inflation eases slightly to 17.3% in April -Kantar
By James Davey LONDON (Reuters) - British grocery inflation edged lower in April but remained near record highs, industry data showed on Tuesday, providing little relief for consumers being hammered b...
Apr 25, 2023
India says risks weigh on FY24 growth forecast, but macros stable
NEW DELHI (Reuters) - There are risks to India achieving its real growth forecast of 6.5% for the financial year that started April 1, partly due to a rise in oil prices and troubles in the global fin...
Apr 25, 2023
London’s finance sector jobseekers rise by almost a fifth in Q1
LONDON (Reuters) - The number of jobseekers in London's financial sector surged 19% in the first quarter compared with the last three months of 2022, Morgan McKinley said on Tuesday, as workers chased...
Apr 25, 2023
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