Category Archives:
Zara-owner Inditex’s quarterly profit rises 54% as sale boom continues
MADRID (Reuters) - Zara owner Inditex on Wednesday posted a 54% rise in first-quarter profit as sales kept pace after a strong 2022, when it outperformed other retailers during a cost of living crisis...
Jun 07, 2023
Danske Bank raises long-term profitability target
COPENHAGEN (Reuters) - Danske Bank on Wednesday raised its long-term profitability target and presented an updated business strategy as it seeks to overcome a money laundering scandal that weighed on ...
Jun 07, 2023
Japan central bank’s ETF holdings under scrutiny as govt seeks revenue
By Leika Kihara TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Wednesday the government must look into whether it can buy the central bank's huge holdings of exchange-traded funds...
Jun 07, 2023
Indonesia’s delayed China-funded rail project beset by fresh problems
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesia's transport ministry and three consultants have pushed back on a China-funded consortium's plan to start full commercial operations of the country's ...
Jun 07, 2023
Shanghai court freezes $278 million worth of shares in Wanda Commercial
HONG KONG (Reuters) - A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China's largest commercial property developer. T...
Jun 06, 2023
Goldman Sachs to start trading Japan power futures – sources
TOKYO (Reuters) - Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people familiar with the matter told Reuters on Wednesday. More foreign energy...
Jun 06, 2023
Marketmind: China disappoints again, fanning speculation on stimulus
A look at the day ahead in European and global markets from Sonali Desai China's keenly awaited trade data for May did little to stir markets increasingly inured to weakening momentum in the world's s...
Jun 06, 2023
Australia talks tough on EU trade – FT
(Reuters) - Australia's trade minister Don Farrell has warned the European Union that he will not sign on a trade deal unless the bloc opens its market to more Australian farm products, the Financial ...
Jun 06, 2023
Client exodus from PwC Australia grows as $48 billion pension fund pauses work
By Lewis Jackson SYDNEY (Reuters) - HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC) Australia, the latest fund to blacklist the firm amid a n...
Jun 06, 2023
No handouts to big firms to offset global tax, OECD tells Vietnam
By Francesco Guarascio HANOI (Reuters) - The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of ...
Jun 06, 2023
Peoria, IL, USA
50 °F Partly cloudy
