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Davos 2023-Uber not planning any company-wide layoffs -CEO
DAVOS, Switzerland (Reuters) - Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs. The rideshare and delivery company has work...
Syndicated Content Jan 19, 2023
Markets mispricing ECB rate hikes, Knot says
FRANKFURT (Reuters) - Underlying inflation in the euro zone shows no signs of abating so the European Central Bank will continue to tighten policy at least through mid-year and markets may be misprici...
Syndicated Content Jan 19, 2023
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) - Hedge funds that bet on a swift shift in the country's zero-COVID and regulatory policies in late 2022 while the stock market was tumbling and political uncertaint...
Syndicated Content Jan 19, 2023
Turnover in Germany’s restaurants, hotels rose markedly in 2022
BERLIN (Reuters) - Turnover in accommodation and food services in Germany rose strongly in 2022 compared with 2021 despite high inflation, the federal statistics office said on Thursday. Turnover in r...
Syndicated Content Jan 19, 2023
Bankinter’s Q4 net profit rises 58% from same period in 2021
MADRID (Reuters) - Spain's Bankinter said on Thursday its fourth-quarter net profit rose 58% from the same period in 2021 thanks to an increase in lending income. The country's fourth-biggest bank by ...
Syndicated Content Jan 19, 2023
Cathay Pacific flight attendant union to start work-to-rule industrial action
HONG KONG (Reuters) - Cathay Pacific Airways Flight Attendants Union said it will start work-to-rule industrial action from Thursday, amid an ongoing dispute over what it has described as long hours t...
Syndicated Content Jan 19, 2023
Malaysia central bank surprises by holding key rate at 2.75%
KUALA LUMPUR (Reuters) - Malaysia's central bank on Thursday unexpectedly kept its benchmark interest rate unchanged at 2.75%, saying it was assessing the impact of four consecutive rate hikes last ye...
Syndicated Content Jan 19, 2023
Online retailer Boohoo sales drop 11% in Christmas period
LONDON (Reuters) - British online fashion retailer Boohoo said group revenue fell 11% in the four months to the end of December, putting it on track for an annual sales decline of 12% with a core earn...
Syndicated Content Jan 19, 2023
COVID-hit Chinese factories eye gradual recovery after Lunar New Year break
By David Kirton SHENZHEN, China (Reuters) - Christian Gassner, whose furniture components factory in the southern Chinese city of Shenzhen had a dismal end of 2022 amid COVID-19 outbreaks, is finally ...
Syndicated Content Jan 19, 2023
Pilots fail to cash in on air traffic revival -global survey
(Reuters) - A global rebound in air travel has brought pilots back to work after a pandemic-induced slump, but many men and women in the cockpit have concerns over salary, a survey on Thursday said. M...
Syndicated Content Jan 19, 2023
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