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Aluminium foundry fights for survival in European gas crisis
By Victoria Waldersee and Martin Schlicht SOLTAU, Germany (Reuters) - Shouting over the clanging of machinery, Gerd Roeders is reluctantly preparing for the temporary shutdown of his German aluminium ...
Syndicated Content Aug 09, 2022
Legal & General on track to hit financial goals as H1 profit rises
(Corrects 'billion' to 'trillion' in fifth paragraph) LONDON (Reuters) -Britsh insurer Legal & General said it was on track to meet or beat cash and capital generation goals as it recorded an 8% rise ...
Syndicated Content Aug 09, 2022
Dufry’s turnover more than doubles as sales inch towards 2019 levels
By Tristan Chabba and Jagoda Darlak (Reuters) -Swiss duty-free retailer Dufry said on Tuesday it saw strong sales momentum continue in July despite the soaring inflation, after its turnover more than ...
Syndicated Content Aug 09, 2022
Holiday Inn owner IHG sweetens shareholder returns on travel rebound
(Reuters) -Holiday Inn owner IHG on Tuesday announced a share buyback programme of $500 million and resumed interim dividend, after its half-year profit more than doubled on the back of a steady recov...
Syndicated Content Aug 09, 2022
China orders audit of $3 trillion trust industry – Bloomberg News
(Reuters) - China's top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the matter. China's trust industry has been a ...
Syndicated Content Aug 09, 2022
Chinese city drops all home purchase restrictions to boost demand
BEIJING (Reuters) - Langfang city has recently dropped all curbs on home purchases to boost buyer interest, the Beijing Daily reported on Tuesday, the first Chinese city to publicly make such an annou...
Syndicated Content Aug 09, 2022
Exclusive-Bank of England would sell gilts even if it cuts rates in future, Ramsden says
By Andy Bruce and William Schomberg LONDON (Reuters) - The Bank of England would press on with plans to gradually sell its vast stock of British government bonds even if an economic slowdown eventuall...
Syndicated Content Aug 09, 2022
Exclusive-Bank of England will probably need to raise rates again, Ramsden says
By William Schomberg and Andy Bruce LONDON (Reuters) - The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gai...
Syndicated Content Aug 09, 2022
China’s July new yuan loans expected to more than halve from June: Reuters poll
BEIJING (Reuters) - China's new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount ...
Syndicated Content Aug 09, 2022
Hong Kong says it has held no discussions on relaxing property stamp duty
HONG KONG (Reuters) -Hong Kong's government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra stamp duty that ma...
Syndicated Content Aug 09, 2022
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