Category Archives:
Lloyds full-year profit flat as bad loan charge weighs
LONDON (Reuters) - Lloyds Banking Group reported flat annual profit for 2022 on Wednesday, as a jump in income driven by higher interest rates was offset by mounting bad loan provisions. Britain's big...
Feb 22, 2023
Stellantis tops forecasts in H2, launches 1.5 billion euro share buy-back
MILAN (Reuters) -Carmaker Stellantis on Wednesday reported a forecast-beating 17% rise in operating profit in the second half of last year on a strong product and pricing mix, despite persistent issue...
Feb 22, 2023
Column-Watch the dollar for de-globalisation :Mike Dolan
By Mike Dolan LONDON (Reuters) - The end of modern globalisation may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge. A year from Russia'...
Feb 22, 2023
Citigroup forecasts global growth at 2.2% this year
(Reuters) - Citigroup economists on Wednesday raised their global growth forecast slightly but said they still expected the world's economy to grow at the slowest pace in 40 years. Economists at the W...
Feb 22, 2023
Danone Q4 sales beat forecasts and company eyes profitable growth in 2023
PARIS (Reuters) - Danone reported above forecast 7% like-for-like sales growth in the last quarter of 2022, as it was able to raise prices in the face of soaring raw materials and energy costs, which ...
Feb 22, 2023
Top brands pull out of Russia, but their goods remain easy to find
By Alexander Marrow MOSCOW (Reuters) - Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara's latest designs, and local online marketplaces snap up...
Feb 22, 2023
Analysis-U.S. stocks’ early-year rally is melting away as Treasury yields surge
By David Randall NEW YORK (Reuters) - Cracks are widening in an early-year rally in stocks, as rising Treasury yields bolster the allure of bonds and skew equity valuations. For weeks, stocks have lar...
Feb 22, 2023
Analysis-Stablecoin regulatory crackdown sends warning to industry
By Hannah Lang (Reuters) - The U.S. Security and Exchange Commission's warning shot on Binance's stablecoin over whether or not it is a security could offer a hint at what type of dollar-pegged tokens...
Feb 21, 2023
Rio Tinto annual profit falls 37.9% on slower China demand
(Reuters) - Rio Tinto posted a 37.9% drop in annual profit and more than halved its dividend on Wednesday, as iron ore prices fell on slower demand, particularly from China, while higher labour and ma...
Feb 21, 2023
MarketMind: Not if or when but how fast?
A look at the day ahead in European and global markets from Anshuman Daga: Is it really good news? Probably yes, probably not. Economies from the United States to Germany to Britain are showing an une...
Feb 21, 2023
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