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Japan says economy in modest recovery, caution over global slowdown
TOKYO (Reuters) - Japan kept its assessment of the economy unchanged in February as consumer spending remained on a recovery trend despite soft exports and factory output due to the global economic sl...
Syndicated Content Feb 21, 2023
Exclusive-Warburg Pincus raising $439 million in maiden yuan fund for China deals -sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) - Warburg Pincus is raising 3 billion yuan ($439 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a grow...
Syndicated Content Feb 21, 2023
German business activity back to growth after eight months -flash PMI
BERLIN (Reuters) - German business activity returned to growth for the first time in eight months in February thanks to easing supply bottlenecks and improved underlying demand, a preliminary survey s...
Syndicated Content Feb 21, 2023
Toyota will start electric SUV production in US as early as 2025 -Nikkei
TOKYO (Reuters) -Toyota Motor Corp will begin producing mid- to large-sized electric sports utility vehicles (SUVs) at its Kentucky plant as early as in summer 2025, aiming for monthly output of more ...
Syndicated Content Feb 21, 2023
French economy moves back into growth territory in February -flash PMI
By Sudip Kar-Gupta PARIS (Reuters) - French economic activity grew in February for the first time since October, helped by a slight easing in inflationary pressures and strength in the jobs market, a ...
Syndicated Content Feb 21, 2023
Rio Tinto enters agreement with BMW to provide hydro-produced aluminum
By Stephen Culp NEW YORK (Reuters) - Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowering the auto manufacturer's carbon footprint with...
Syndicated Content Feb 21, 2023
Russian rouble weakens ahead of Putin address to parliament
MOSCOW (Reuters) - The rouble weakened on Tuesday despite increased demand for the currency ahead of month-end tax payments as President Vladimir Putin prepares to update Russia's political and milita...
Syndicated Content Feb 21, 2023
Philips management will not receive bonuses for 2022
AMSTERDAM (Reuters) -Dutch health technology company Philips' top management will not take any bonuses for 2022 after a global recall of respiratory devices resulted in a 70% plunge in the company's m...
Syndicated Content Feb 21, 2023
Holiday Inn-owner IHG profit jumps on holiday demand, higher room rates
(Reuters) -Holiday Inn-owner IHG Plc reported higher full-year profit on Tuesday, helped by strong occupancy demand during the holidays and higher room prices, and said it would buyback shares worth a...
Syndicated Content Feb 21, 2023
India, Singapore launch real-time link for cross-border payments
By Siddhi Nayak MUMBAI (Reuters) - India and Singapore launched on Tuesday a real-time link to facilitate easier cross border money transfers between one of the world's biggest recipients of remittanc...
Syndicated Content Feb 21, 2023
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