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Chinese chip trade group opposes export controls from U.S., Netherlands, Japan
SHANGHAI (Reuters) - The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherland...
Syndicated Content Feb 15, 2023
Barclays profit slides 14% as trading blunder and deal slump bite
By Lawrence White and Iain Withers LONDON (Reuters) - Barclays reported a 14% fall in annual profits, as costs from an administrative blunder that saw it oversell securities in the United States compo...
Syndicated Content Feb 15, 2023
Column-Faced down by Fed, markets dab 6% onto risk radar :Mike Dolan
By Mike Dolan LONDON (Reuters) - Market pricing tends to swing back and forth like a pendulum around eventual outcomes - and investors may now have to brace for another tough period working out the am...
Syndicated Content Feb 15, 2023
Glencore declares $7.1 billion payout to shareholders after record 2022 trading profit
(Reuters) - Glencore announced a payout of $7.1 billion to its investors on Wednesday, including a new $1.5 billion share buyback programme, after the company posted a record 2022 trading profit thank...
Syndicated Content Feb 15, 2023
Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test
By Jess Aguado and Chiara Elisei Spain's largest private industrial group, Celsa, is putting a new insolvency law to the test with creditors and family owners unable to agree on how to restructure rou...
Syndicated Content Feb 15, 2023
UK inflation rate falls more than expected to 10.1%
LONDON (Reuters) -British consumer price inflation fell by more than expected to 10.1% in January from December's 10.5% and there were also drops in underlying measures of price growth that are being ...
Syndicated Content Feb 15, 2023
Fashion meets politics at Nigeria election campaign events
By Abraham Achirga and Vining Ogu LAGOS/ABUJA (Reuters) - Too stylish for political party T-shirts and caps, some fashionistas in Nigeria are donning the colours and faces of their preferred candidate...
Syndicated Content Feb 15, 2023
Gucci slump pushes Kering sales down 7% in Q4
PARIS (Reuters) -Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump in revenue at its biggest brand Gucci reflecting COVID-19 disruptions in China. Gucci's rev...
Syndicated Content Feb 15, 2023
Saudi inflation ticks up to 3.4% in January
DUBAI (Reuters) - Saudi Arabia's annual inflation rate inched up to 3.4% in January from 3.3% in December, with price rises again driven mainly by housing costs, government data showed on Wednesday. H...
Syndicated Content Feb 15, 2023
Heineken profit higher than expected after Asia rebound
BRUSSELS (Reuters) -Heineken, the world's second-largest brewer, reported a higher-than-expected profit in 2022 thanks to growth in all markets and a sharp rebound in Asia, and repeated its forecast o...
Syndicated Content Feb 15, 2023
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