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Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test
By Jess Aguado and Chiara Elisei Spain's largest private industrial group, Celsa, is putting a new insolvency law to the test with creditors and family owners unable to agree on how to restructure rou...
Syndicated Content Feb 15, 2023
UK inflation rate falls more than expected to 10.1%
LONDON (Reuters) -British consumer price inflation fell by more than expected to 10.1% in January from December's 10.5% and there were also drops in underlying measures of price growth that are being ...
Syndicated Content Feb 15, 2023
Fashion meets politics at Nigeria election campaign events
By Abraham Achirga and Vining Ogu LAGOS/ABUJA (Reuters) - Too stylish for political party T-shirts and caps, some fashionistas in Nigeria are donning the colours and faces of their preferred candidate...
Syndicated Content Feb 15, 2023
Gucci slump pushes Kering sales down 7% in Q4
PARIS (Reuters) -Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump in revenue at its biggest brand Gucci reflecting COVID-19 disruptions in China. Gucci's rev...
Syndicated Content Feb 15, 2023
Saudi inflation ticks up to 3.4% in January
DUBAI (Reuters) - Saudi Arabia's annual inflation rate inched up to 3.4% in January from 3.3% in December, with price rises again driven mainly by housing costs, government data showed on Wednesday. H...
Syndicated Content Feb 15, 2023
Heineken profit higher than expected after Asia rebound
BRUSSELS (Reuters) -Heineken, the world's second-largest brewer, reported a higher-than-expected profit in 2022 thanks to growth in all markets and a sharp rebound in Asia, and repeated its forecast o...
Syndicated Content Feb 15, 2023
Elon Musk says end-2023 ‘good timing’ to find new Twitter head
By Yousef Saba DUBAI (Reuters) - Twitter Chief Executive Elon Musk said on Wednesday that towards the end of 2023 would be "good timing" to find someone else to run Twitter, when he expects the social...
Syndicated Content Feb 15, 2023
Wall Street watchdog set to adopt rules aimed at GameStop-type risk
By Douglas Gillison (Reuters) - Wall Street's top regulator was poised Wednesday to adopt rules tightening the time-frame for stock trades in an effort to tamp down the kind of risk seen in 2021's Gam...
Syndicated Content Feb 14, 2023
Itochu to supply renewable energy to Meta in U.S., Amazon in Japan
(Reuters) - Japanese trading house Itochu Corp has agreed to supply wind-generated power to Meta Platforms in the United States and solar energy to Amazon in Japan, it said on Wednesday. Itochu would ...
Syndicated Content Feb 14, 2023
Musk donated around $1.95 billion in Tesla shares last year
(Reuters) - Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world's most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange Commission (S...
Syndicated Content Feb 14, 2023
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