Category Archives:
Euro zone inflation soars past forecasts to new record high
FRANKFURT (Reuters) - Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to further interest rate hikes from the European Central Bank as price pressures ...
Oct 31, 2022
Apollo holds crypto for clients as it expands in digital assets
By Hannah Lang (Reuters) - Apollo Global Management Inc has begun holding cryptocurrency on behalf of its clients through a partnership with digital asset platform Anchorage Digital, in a major push b...
Oct 31, 2022
Exclusive-Gap says Russia deliveries stopped in March. But its clothing kept coming
By Siddharth Cavale, Steve Stecklow and David Gauthier-Villars NEW YORK/LONDON/ISTANBUL (Reuters) - In March, clothing retailer Gap Inc joined numerous Western companies in announcing that it was halt...
Oct 31, 2022
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
Peoria, IL, USA
43 °F Overcast
