Category Archives:
UBS says Credit Suisse CEO Koerner to join leadership of combined group
ZURICH (Reuters) - UBS Group said on Tuesday Credit Suisse CEO Ulrich Koerner will join the executive board of the combined bank once it closes its takeover of its Swiss rival while Todd Tuckner will ...
May 09, 2023
Explainer-Why the EU is restricting grain imports from Ukraine
LONDON (Reuters) - The European Commission has announced restrictions on the imports of Ukrainian what, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June...
May 09, 2023
Why eastern Europe’s grain producers face a perfect storm
By Anna Koper, Gergely Szakacs and Luiza Ilie WARSAW (Reuters) - When global grain prices started falling last year after a spike in the first months of the war in Ukraine, Poland's then agriculture m...
May 09, 2023
China’s April iron ore imports up 5% y/y at 90.4 million tonnes
BEIJING (Reuters) - China's imports of iron ore rose 5.1% in April from the same period the previous year, customs data showed on Tuesday, as buyers anticipated strong demand for the steelmaking ingre...
May 08, 2023
Marketmind: US uncertainty feeds caution in Asia
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. European investors hoping to find some clues on market direction from Asia may be disappointed to...
May 08, 2023
China’s imports shrink in April, exports grow at slower pace
By Joe Cash BEIJING (Reuters) - China's imports contracted sharply in April, while exports grew at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and hea...
May 08, 2023
Asian stocks edge lower, dollar firm as US inflation data looms
By Kevin Buckland TOKYO (Reuters) - An index of Asian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, although mainlan...
May 08, 2023
Dubai DXB airport Q1 passenger traffic reaches 96% of pre-pandemic level
DUBAI (Reuters) - Dubai's main airport registered a 55.8% increase in passenger traffic in the first quarter of this year compared to last year, reaching 95.6% of 2019 pre-pandemic levels, operator Du...
May 08, 2023
Delek says no injuries from fire at El Dorado, Arkansas refinery
(Reuters) - A fire that broke out at Delek's 83,000-barrel-per-day (bpd) El Dorado, Arkansas refinery has been extinguished with no injuries reported, a company spokesperson told Reuters by phone on M...
May 08, 2023
Japan’s spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO (Reuters) - Japan's consumer spending unexpectedly fell in March at the fastest rate in a year, while real wages marked a twelfth month of decline on persistent inflation, high...
May 08, 2023
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