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Bearish bets on Asian currencies firm on hawkish Fed rhetoric, rate woes
By Roushni Nair (Reuters) - Bearish bets on most Asian currencies were raised, a Reuters poll found on Thursday, as the possibility of higher-for-longer U.S. interest rates and the unprecedented surge...
Syndicated Content Oct 05, 2023
Imperial Brands sticks by forecast, announces $1.3 billion share buyback
(Reuters) -Imperial Brands said on Thursday trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices and strong adoption of to...
Syndicated Content Oct 05, 2023
Citigroup raises China’s 2023 economic growth forecast to 5%
(Reuters) - Citigroup economists raised their forecast for China's economic growth for the year to 5%, from 4.7%, citing stabilizing economic indicators and Beijing's supportive policy measures of lat...
Syndicated Content Oct 05, 2023
Retailer Casino seals lock-up on debt rescue deal led by Czech billionaire Kretinsky
PARIS (Reuters) - Casino said on Thursday that it had finalised a binding lock-up agreement to restructure its debt with creditors led by Czech billionaire Daniel Kretinsky, to avert bankruptcy. Casin...
Syndicated Content Oct 05, 2023
German exports fall more than expected in August
BERLIN (Reuters) - German exports fell a more-than-expected 1.2% in August from the previous month, data from the federal statistics office showed on Thursday. The result compared with a forecast 0.4%...
Syndicated Content Oct 05, 2023
S.Korean central bank governor sees risk of rates staying higher for longer
SEOUL (Reuters) - South Korea's central bank governor said there was a high possibility interest rates would stay higher for longer and there was a need to improve the system to better supply liquidit...
Syndicated Content Oct 05, 2023
UK media regulator asks for probe into Amazon, Microsoft cloud dominance
(Reuters) - British media regulator Ofcom on Thursday asked the country's antitrust regulator to investigate U.S. tech giants Amazon and Microsoft's dominance of the UK cloud market. Ofcom said its st...
Syndicated Content Oct 05, 2023
Japan M&A blazes trail as global deals decline
By Makiko Yamazaki and Kane Wu TOKYO/HONG KONG (Reuters) - Japan's M&A market is standing out against a worldwide decline this year, thanks to surging domestic deals as rising costs, stricter governan...
Syndicated Content Oct 05, 2023
Renault sets Nov. 15 date for first investor day for EV unit Ampere
PARIS (Reuters) - Renault on Thursday announced the first investor day for its future electric vehicle company, named Ampere, will take place on November 15. Renault's Chief Executive Luca De Meo last...
Syndicated Content Oct 05, 2023
Birkenstock the latest shoe IPO to drop in a tough market
By Ananya Mariam Rajesh and Helen Reid (Reuters) - Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost ...
Syndicated Content Oct 05, 2023
Peoria, IL, USA
57 °F Overcast
