Category Archives:
Staying the course: Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) - The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is les...
Jan 30, 2023
Philips scraps 6,000 jobs in drive to improve profitability
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday said it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked 70% off of it...
Jan 30, 2023
Indonesian unit of JD.com to discontinue all services at end of March – JD.ID website
JAKARTA (Reuters) - The Indonesian unit of e-commerce firm JD.com, JD.ID, will discontinue all services at the end of March, an announcement on its website showed on Monday. When asked about the closu...
Jan 30, 2023
Apple’s India supplier Jabil making AirPods parts for export-Bloomberg
(Reuters) - Apple-supplier Jabil Inc's India unit has begun making components for AirPods in the country and is shipping plastic bodies or enclosures for AirPods to China and Vietnam, Bloomberg News r...
Jan 29, 2023
Adani group’s market loss swells to $65 billion in short-seller attack aftermath
By Chris Thomas and Aditya Kalra NEW DELHI (Reuters) -Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller's criticisms by the Indian conglomerate...
Jan 29, 2023
Marketmind: Breathe in
A look at the day ahead in European and global markets from Tom Westbrook Markets are holding their breath for a week where central banks may start to take divergent paths. Chinese markets have return...
Jan 29, 2023
China’s factory activity likely contracted more slowly in January
BEIJING (Reuters) -China's factory activity in January is expected to have contracted more slowly than in December, a Reuters poll showed on Monday, with production hampered as workers continued to fa...
Jan 29, 2023
South Korea Jan exports to extend falling streak to fourth month: Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's January export data will likely show an annual fall for a fourth straight month, with the pace of decline accelerating amid persistently weak demand from ...
Jan 29, 2023
The 2% target: Central banks’ inflation touchstone faces post-pandemic reckoning
By Howard Schneider, Balazs Koranyi and William Schomberg WASHINGTON/FRANKFURT/LONDON (Reuters) - Top central bankers, who credit the use of a 2% inflation target with anchoring decades of stable pric...
Jan 29, 2023
The mouse that roared: New Zealand and the world’s 2% inflation target
By Lucy Craymer WELLINGTON, New Zealand (Reuters) - More than 30 years ago, some relatively youthful central bank and Treasury economists in New Zealand were grappling with how to bring two decades of...
Jan 29, 2023
Peoria, IL, USA
55 °F Sunny
