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Egypt’s headline inflation surges to 25.8% in January
CAIRO (Reuters) - Egypt's annual urban consumer price inflation jumped to a higher-than-expected 25.8% in January, its fastest in more than five years, from 21.3% in December, data from statistics age...
Syndicated Content Feb 09, 2023
Unilever beats fourth-quarter sales estimates
LONDON (Reuters) -Unilever Plc on Thursday reported quarterly underlying sales growth above expectations, helped by higher prices for its detergents, soaps and packaged food. The London-based company ...
Syndicated Content Feb 09, 2023
Delivery Hero reports 2022 GMV below expectations
(Reuters) - German online takeaway food company Delivery Hero on Thursday reported slightly lower-than-expected gross merchandise value (GMV) for 2022, citing foreign currency effects and its intensif...
Syndicated Content Feb 09, 2023
Dominant Russian lender Sberbank’s profits rise 9.8% y/y in Jan
By Alexander Marrow MOSCOW (Reuters) - Russia's largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year to 110.1 billion roubles ($1.51 billion), due to restrained growt...
Syndicated Content Feb 09, 2023
Volvo Cars braces for challenges in 2023 after quarterly profit falls
Stockholm (Reuters) -Volvo Cars said on Thursday that 2023 is likely to be another challenging year despite healthy demand for its vehicles as the Swedish carmaker reported a fall in quarterly profit....
Syndicated Content Feb 09, 2023
Credit Suisse moves towards carve out of investment banking arm
FRANKFURT (Reuters) - Credit Suisse said on Thursday that it was progressing to carve out CS First Boston by acquiring The Klein Group for $175 million to be paid in the form of a convertible note. It...
Syndicated Content Feb 09, 2023
ArcelorMittal expects to increase steel shipments by 5% in 2023
BRUSSELS (Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday said it expects its steel shipments to increase by around 5% this year, as it reported fourth-quarter earnings tha...
Syndicated Content Feb 09, 2023
TikTok promises to ramp up fight against disinformation in EU
By Foo Yun Chee BRUSSELS (Reuters) - Chinese social media company TikTok on Thursday pledged to do more to tackle disinformation on its platform by adding more safety features and broadening its fact-...
Syndicated Content Feb 09, 2023
South Korea FX steps to boost global status, business for firms – vice fin min
By Choonsik Yoo and Yena Park SEOUL (Reuters) - South Korea's plans to loosen restrictions in its currency market will raise the won's global status and, as a result, boost business opportunities for ...
Syndicated Content Feb 09, 2023
Credit Suisse logs worst annual loss since global financial crisis
ZURICH (Reuters) -Credit Suisse Group on Thursday reported its worst annual loss since the 2008 global financial crisis, battered by scandals and heavy losses that led to unprecedented customer withdr...
Syndicated Content Feb 08, 2023
Peoria, IL, USA
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