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Volvo Cars braces for challenges in 2023 after quarterly profit falls
Stockholm (Reuters) -Volvo Cars said on Thursday that 2023 is likely to be another challenging year despite healthy demand for its vehicles as the Swedish carmaker reported a fall in quarterly profit....
Syndicated Content Feb 09, 2023
Credit Suisse moves towards carve out of investment banking arm
FRANKFURT (Reuters) - Credit Suisse said on Thursday that it was progressing to carve out CS First Boston by acquiring The Klein Group for $175 million to be paid in the form of a convertible note. It...
Syndicated Content Feb 09, 2023
ArcelorMittal expects to increase steel shipments by 5% in 2023
BRUSSELS (Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday said it expects its steel shipments to increase by around 5% this year, as it reported fourth-quarter earnings tha...
Syndicated Content Feb 09, 2023
TikTok promises to ramp up fight against disinformation in EU
By Foo Yun Chee BRUSSELS (Reuters) - Chinese social media company TikTok on Thursday pledged to do more to tackle disinformation on its platform by adding more safety features and broadening its fact-...
Syndicated Content Feb 09, 2023
South Korea FX steps to boost global status, business for firms – vice fin min
By Choonsik Yoo and Yena Park SEOUL (Reuters) - South Korea's plans to loosen restrictions in its currency market will raise the won's global status and, as a result, boost business opportunities for ...
Syndicated Content Feb 09, 2023
Credit Suisse logs worst annual loss since global financial crisis
ZURICH (Reuters) -Credit Suisse Group on Thursday reported its worst annual loss since the 2008 global financial crisis, battered by scandals and heavy losses that led to unprecedented customer withdr...
Syndicated Content Feb 08, 2023
Indian cenbank to hike rates again on sticky inflation, Fed pressure – analysts
By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) - The Reserve Bank of India is likely to raise interest rates once again in April as inflation pressures persist and the Federal Reserve continues ...
Syndicated Content Feb 08, 2023
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) - Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace of its rate hikes and as the doll...
Syndicated Content Feb 08, 2023
Marketmind: Bar-duh
A look at the day ahead in European and global markets from Wayne Cole. Surely the most fun story today, unless you are an Alphabet shareholder, is Google's new Bard AI flunking a question on the Jame...
Syndicated Content Feb 08, 2023
Twitter’s efforts against disinformation lagging behind, EU says
By Foo Yun Chee BRUSSELS (Reuters) - Elon Musk's Twitter lagged behind Alphabet's Google, Meta Platforms, Microsoft and TikTok in the fight against disinformation in the last six months, the European ...
Syndicated Content Feb 08, 2023
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