Category Archives:
Weaker franc helps Swiss National Bank’s forex reserves rise
ZURICH(Reuters) - The Swiss National Bank's foreign exchange reserves rose in October, central bank data showed on Monday, as the Swiss franc's depreciation helped reverse a sharp drop in September. T...
Nov 07, 2022
Euro zone investor morale up for first time since August -Sentix
FRANKFURT (Reuters) - Investor morale in the euro zone improved in November, the first time it rose in three months, reflecting hopes that recent warmer temperatures and falling energy prices will pre...
Nov 07, 2022
More transparency is first step after gilts turmoil, says Bank of England
LONDON (Reuters) - Improving transparency in 'non-banks' is a first step to applying lessons from last month's turmoil in Britain's government bond market, but more will need to be done, Bank of Engla...
Nov 07, 2022
Skoda focused on profitability over volumes, CEO tells E15
PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of the Volkswagen group, is still aiming for sales of at least 1 million cars a year but is targeting profitability over higher volumes, its CEO was ...
Nov 07, 2022
Renault’s talks with Geely complicated by Nissan concerns -sources
By Norihiko Shirouzu, Maki Shiraki and David Dolan BEIJING/TOKYO (Reuters) - Nissan Motor Co's concerns about technology transfers have complicated its partner Renault's plans to sell a large stake in...
Nov 07, 2022
German industry calls for delay to global minimum tax – BDI
BERLIN (Reuters) - German industry has called for a delay to a global minimum corporate tax by at least a year to 2025 to give companies more time to prepare given the current crisis, according to a p...
Nov 07, 2022
Czech central bank head says rates to stay high for some time
PRAGUE (Reuters) - Czech interest rates will stay relatively high for some time and a cut cannot be expected yet with cost inflation pressures from abroad still strong, central bank Governor Ales Mich...
Nov 07, 2022
Leonardo sells U.S unit’s ATM business to Spain’s Indra
MILAN (Reuters) - Leonardo has agreed to sell its unit Selex ES' Air Traffic Management (ATM) activities to Indra Air Traffic, a company controlled by Spain's Indra Sistemas, the Italian defence group...
Nov 07, 2022
European shares open lower as mining, luxury stocks fall
(Reuters) - European shares opened lower on Monday as mining and luxury stocks fell after hopes of an easing in China's strict COVID-19 measures were quashed over the weekend. The benchmark STOXX 600 ...
Nov 07, 2022
Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) - Russia's largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million euros ($116 million) over unpaid oil supplies, the database of Moscow's Arbitra...
Nov 07, 2022
Peoria, IL, USA
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