Category Archives:
Natural disasters caused $313 billion economic loss in 2022 – Aon
(Reuters) - Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. L...
Jan 25, 2023
German business morale brightens further in January – Ifo
BERLIN (Reuters) - German business morale brightened in January as Europe's largest economy started the new year with easing inflation and an improved outlook, a survey said on Wednesday. The Ifo inst...
Jan 25, 2023
ECB signs supervision cooperation deal with non-euro zone members
FRANKFURT (Reuters) - The European Central Bank agreed with six non-euro zone members to cooperate more closely on bank supervision matters, including in exchanging information about cross-border supe...
Jan 25, 2023
Spanish December industrial prices up 14.7% year-on-year
(Reuters) - Spanish industrial production prices rose 14.7% in the 12 months through December, down from a revised 20.5% increase in the 12 months through November, the National Statistics Institute (...
Jan 25, 2023
European shares slip as investors weigh earnings reports
(Reuters) - European stocks inched lower on Wednesday as investors assessed a slew of earnings reports including chip equipment maker ASML's, while fears of more interest rate hikes kept investors on ...
Jan 25, 2023
Japan cuts economic view as exports to Asia weaken
TOKYO (Reuters) - Japan cut its view on the overall economy for the first time in 11 months in January, as China's COVID-19 infections and a slowdown in global demand for tech and semiconductors hurt ...
Jan 25, 2023
Indonesia to make exporters hold FX earnings onshore for 3 months -media
JAKARTA (Reuters) - Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, a top government official was cited...
Jan 25, 2023
Holcim CEO wants to further expand in North America -report
ZURICH (Reuters) - Holcim's North American business is on track to represent half of the cement maker's sales, CEO Jan Jenisch said in a media interview, with the Swiss company considering more acquis...
Jan 25, 2023
Hitachi Transport to issue preferred share to KKR, raise $975 million
TOKYO (Reuters) - Japan's Hitachi Transport System Ltd said on Wednesday it would raise 127.2 billion yen ($975 million) by issuing a single preferred share to majority shareholder KKR & Co. It will a...
Jan 25, 2023
Pakistani rupee falls after market maker group removes currency cap
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) - The Pakistani rupee fell by 1.2% on Wednesday after foreign exchange companies removed a cap on the currency, saying it was creating "art...
Jan 25, 2023
Peoria, IL, USA
43 °F Overcast
