Category Archives:
Australian landlords push back on property valuation doomsday
By Lewis Jackson SYDNEY (Reuters) - Australia's biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging econ...
May 02, 2023
Russia’s M.Video posts adjusted net loss of 6.7 billion roubles in 2022
MOSCOW (Reuters) - Russian electronics retailer M.Video said its adjusted net loss shrunk 10.2% in 2022 to 6.7 billion roubles ($83 million), as overall sales fell because of economic uncertainty. The...
May 02, 2023
BP profit rises to $5 billion as share buyback is reduced
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -BP made a $5 billion profit in the first quarter, rising from the previous three months on the back of strong oil and gas trading as the company par...
May 02, 2023
King Charles’ coronation is a great fit for London’s Savile Row tailors
By Kate Holton LONDON (Reuters) - On Savile Row, the London street long celebrated for turning out sharp suits, tailors have been racing to prepare the red and gold uniforms that will feature in Brita...
May 02, 2023
Russian factory activity expands in April as export orders pick up
MOSCOW (Reuters) - Activity in Russia's manufacturing sector grew for the 12th month running in April, and new export orders ended a 14-month sequence of decline, while inflationary pressures regained...
May 02, 2023
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
By Nick Carey BRIXWORTH, England (Reuters) - Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient mass-market electric vehicles (EVs), slashing de...
May 02, 2023
South African rand up slightly; focus on local PMIs and Fed this week
JOHANNESBURG (Reuters) - South Africa's rand was marginally stronger in early trade on Tuesday, with market attention this week likely to hinge on local purchasing managers' index (PMI) surveys and a ...
May 02, 2023
How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) - On March 12, as several U.S. banks reeled from a crisis in confidence, JPMorgan Chase & Co put its might behind First Rep...
May 02, 2023
EU, US warn Malaysia of national security risk in Huawei’s bid for 5G role – FT
(Reuters) - The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as the Southeast Asian country finalises a review of its 5G rollout that could allow...
May 02, 2023
Cryptoverse: Digital coins lure inflation-weary Argentines and Turks
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts of the world, such as Argentina and Turkey, where s...
May 02, 2023
Peoria, IL, USA
67 °F Light Rain, Mist
