Category Archives:
Italy plans Treasury shake-up with new department for state-owned firms – sources
By Giuseppe Fonte ROME (Reuters) - Italian Economy Minister Giancarlo Giorgetti plans to reorganise the ministry, creating a new unit at the Treasury department to manage state-owned firms and banking...
Jan 20, 2023
IKEA sees higher demand in Europe driven by home furnishings – CEO
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) - Ingka Group, the owner of most IKEA stores, sees demand in Europe to continue rising in the current fiscal year, driven by strong dem...
Jan 20, 2023
Dutch export rules on China in focus ahead of ASML results
By Toby Sterling and Stephanie van den Berg AMSTERDAM (Reuters) - Expectations that the Dutch government will further limit sales to China by chip equipment giant ASML Holding NV may overshadow what a...
Jan 20, 2023
Apple appeals investigation by UK competition watchdog
LONDON (Reuters) - Technology giant Apple has filed an appeal against an investigation by Britain's competition watchdog into the dominance of its mobile browsers in the cloud gaming market. Last Nove...
Jan 20, 2023
Holcim sees U.S. inflation act helping it in N.America
By Divya Chowdhury and Nishara Karuvalli Pathikkal DAVOS, Switzerland (Reuters) - Holcim expects the U.S. Inflation Reduction Act (IRA) to provide strong momentum for its business in North America whi...
Jan 20, 2023
Young northern Europeans flock to Spain’s Malaga to work remotely
By Charlie Devereux and Corina Pons MADRID (Reuters) - The Spanish city of Malaga and its Costa del Sol surroundings are seeing a surge in people moving in from the rest of Europe as lifestyle and wor...
Jan 20, 2023
Oilfield firm SLB beats Wall St. estimates for fourth-quarter profit
By Arunima Kumar and Liz Hampton (Reuters) -SLB beat Wall Street estimates for fourth-quarter profit on Friday, driven by strong demand for drilling services and equipment from operators as oil and ga...
Jan 20, 2023
Indonesia’s Bakrie Group seeks nickel mine, partners up for $9 billion EV project
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesian conglomerate Bakrie & Brothers is looking to acquire a nickel mine in the resource-rich island of Sulawesi to supply a planned integrated industrial...
Jan 20, 2023
Philippine bank at centre of cyber heist appeals New York court loss to Bangladesh
MANILA (Reuters) - A Philippine bank at the centre of an unsolved $81 million cyber heist has appealed a New York Supreme Court decision to dismiss the bank's motion to throw out the Bangladesh centra...
Jan 20, 2023
BOJ’s Kuroda vows to keep ultra-loose policy
DAVOS, Switzerland (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will continue its current "extremely accommodative" monetary policy to achieve its 2% inflation ta...
Jan 20, 2023
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