Category Archives:
Italy’s Campari builds up bourbon business with $600 million Kentucky deal
MILAN (Reuters) -Italian spirits group Campari said on Monday it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer. ...
Oct 31, 2022
Sri Lanka’s key inflation rate slows to 66% in October
(Reuters) - Sri Lanka's key inflation rate slowed to 66% in October after hitting 69.8% in September, the crisis-struck country's statistics department said on Monday. The surge in the Colombo Consume...
Oct 31, 2022
Asia bond funds dump China in favour of cash after high-yield rout
By Summer Zhen HONG KONG (Reuters) - Bond fund managers with strategies focused on Asian high-yield issuers have switched to cash and other non-China assets after suffering huge losses in China's corp...
Oct 31, 2022
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
HONG KONG (Reuters) - Hong Kong's economy shrank faster in the third quarter, contracting 4.5% from the same period a year earlier, the third straight quarter of downturn, advance government data show...
Oct 31, 2022
Cyber officials from 37 countries, 13 companies to meet on ransomware in Washington
By Andrea Shalal WASHINGTON (Reuters) - The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cybe...
Oct 31, 2022
Europe-listed Brazil stocks, Petrobras slip after Lula election win
LONDON (Reuters) - German-listed shares in Brazil's state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da Silva narrowly defeated Presid...
Oct 31, 2022
Fewer German companies feel threatened than during pandemic – Ifo
BERLIN (Reuters) - Far fewer German businesses feel their survival is at risk now than at the height of the COVID-19 pandemic, a survey by economic institute Ifo showed on Monday. The survey of some 7...
Oct 31, 2022
Delhi stops construction as pollution set to worsen from Tuesday
NEW DELHI (Reuters) - Delhi has suspended most construction and demolition activities as air quality in the Indian capital is set to worsen from Tuesday because of calmer winds and other meteorologica...
Oct 31, 2022
UK’s FTSE 100 dips as commodity stocks weigh
(Reuters) - UK's FTSE 100 inched lower on Monday, weighed down by losses in commodity-linked stocks, even as reports Prime Minister Rishi Sunak could extend a freeze on British foreign aid soothed som...
Oct 31, 2022
German union calls for strikes at Airbus, other companies
BERLIN (Reuters) - German trade union IG Metal Kueste said it has called on several thousand workers to strike on Tuesday at 15 sites, including Airbus in Hamburg. The warning strikes are to last up t...
Oct 31, 2022
Peoria, IL, USA
54 °F Overcast
