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UBS still hiring and in growth mode – CEO Ralph Hamers
ZURICH (Reuters) - UBS is hiring with the Swiss bank in "growth mode," Chief Executive Ralph Hamers said at the World Economic Forum in Davos on Tuesday. "We are very cautious in hiring but still hiri...
Syndicated Content Jan 17, 2023
Sales of Renault brand fall for 4th straight year
PARIS (Reuters) - French carmaker Renault said sales at its flagship brand fell for the fourth consecutive year in 2022 to 1,466,729 units excluding Russia, a 9.4% decline from 2021. The Renault group...
Syndicated Content Jan 17, 2023
UK pay growth speeds up as jobless rate holds at 3.7%
LONDON (Reuters) - The pace of pay growth in Britain - which is being closely watched by the Bank of England as it gauges how much higher to raise interest rates - picked up more pace in the three mon...
Syndicated Content Jan 17, 2023
Whirlpool to divest parts of EMEA business
(Reuters) - U.S. home appliances maker Whirlpool Corp said on Tuesday it would divest parts of its Europe, Middle East and Africa (EMEA) business and form a new Europe-focused entity with Turkish hous...
Syndicated Content Jan 17, 2023
Asian bonds in 2022 saw first foreign outflows in six years
(Reuters) - Asia ex-China bonds recorded net foreign outflows for the first time in six years in 2022 as major central banks hiked their interest rates aggressively to tame inflationary pressures. Ove...
Syndicated Content Jan 17, 2023
German harmonized inflation eases to 9.6% y/y in December
BERLIN (Reuters) - German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics office said on Tu...
Syndicated Content Jan 17, 2023
Russia’s Sberbank 2022 net profit down 75.7% to 300 billion roubles
(Reuters) - Russia's largest lender Sberbank said on Tuesday that its net profit fell 75.7% year-on-year to 300.2 billion roubles ($4.4 billion) in 2022, as Western sanctions over Ukraine hit the dome...
Syndicated Content Jan 17, 2023
Lindt & Spruengli posts 2022 sales of 4.97 billion francs, confirms guidance
ZURICH (Reuters) - Swiss chocolate maker Lindt & Spruengli said on Tuesday it is "confident" of achieving an operating margin of 15% for 2022 and confirmed its guidance after strong international sale...
Syndicated Content Jan 17, 2023
China’s Xpeng cuts prices on some models starting Tuesday
BEIJING (Reuters) - Chinese automaker Xpeng on Tuesday announced price cuts for some models in the country in a notice on its official WeChat account. The move came after automaker Seres Group cut sta...
Syndicated Content Jan 17, 2023
Cryptoverse: Bitcoin is back with a bonk
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clo...
Syndicated Content Jan 17, 2023
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
