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Credit Suisse flags 500-million-Swiss-franc legal hit to Q4
ZURICH (Reuters) - Credit Suisse on Tuesday flagged roughly 500 million Swiss francs ($545.91 million) in litigation provisions, which it said was expected to push its fourth-quarter results down to b...
Syndicated Content Jan 24, 2022
Oil prices rebound as growing geopolitical tensions fuel supply fears
By Yuka Obayashi TOKYO (Reuters) -Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possi...
Syndicated Content Jan 24, 2022
Hyundai Motor’s Q4 profit almost halves, misses estimates
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported a nearly 50% drop in quarterly profit on Tuesday, falling significantly short of analysts' estimate, hurt by rising raw material costs and a on...
Syndicated Content Jan 24, 2022
Yen jumps, euro slumps amid Ukraine tensions, Fed jitters
By Kevin Buckland TOKYO (Reuters) - The safe-haven yen and U.S. dollar rose on Tuesday while the risk-sensitive New Zealand dollar fell with the euro amid escalating worries about both a potential mil...
Syndicated Content Jan 24, 2022
Maersk to tackle air pollution at ports with ship-charging buoys
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Shipping group Maersk plans to install hundreds of offshore charging stations around the world to allow vessels to power themselves with electricity i...
Syndicated Content Jan 24, 2022
Lebanon’s economic depression “orchestrated by elite”, World Bank says
DUBAI (Reuters) -Lebanon's economic depression "is orchestrated by the country's elite" and "has come to threaten the country's long-term stability and social peace," the World Bank said in a press re...
Syndicated Content Jan 24, 2022
Buy now, pay later firms Zip, Sezzle confirm merger talks
(Reuters) - Buy now, pay later (BNPL) firm Sezzle Inc is in talks to be acquired by larger Australian rival Zip Co Ltd, the companies said on Tuesday, sending shares of Sezzle soaring 23% during the s...
Syndicated Content Jan 24, 2022
Indonesia regulator says financial firms banned from facilitating crypto sales
JAKARTA (Reuters) - Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading i...
Syndicated Content Jan 24, 2022
Talks between oil companies, U.S. union intensify as deadline nears
HOUSTON (Reuters) - Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union told m...
Syndicated Content Jan 24, 2022
China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign
SHANGHAI (Reuters) - Tencent Holdings, China's biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and named 13 com...
Syndicated Content Jan 24, 2022
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