TOKYO – Japan’s former Prime Minister Shinzo Abe said it would be “clearly wrong” for the Bank of Japan to raise interest rates to curb further declines in the yen, …
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AMSTERDAM -Philips shares dropped almost 11% on Monday as the Dutch health technology company expanded a recall of ventilators and flagged multiple risks to its growth outlook for the rest …
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(Reuters) – Spanish industrial production prices rose at a record annual rate for the sixth straight month in March, pushed up by soaring energy costs, data from the National Statistics …
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(Reuters) – Polymetal has decided to postpone several projects amid Western sanctions on Russia after the gold and silver miner reported a 4% year-on-year increase in first-quarter revenue to $616 …
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By Takaya Yamaguchi TOKYO -Japan’s government will spend $48 billion to fund subsidies and other measures aimed at cushioning the economic blow from rising fuel and raw material prices caused …
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A look at the day ahead in markets from Sujata Rao. Okay, a collective sigh of relief that France re-elected the pro-business Emmanuel Macron rather than vote in far-right opponent …
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By Asif Shahzad ISLAMABAD -Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country’s Finance Minister, Miftah Ismail, said …
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(Reuters) – From HSBC and Volvo in Europe to Apple and McDonalds on Wall Street, first-quarter earnings are coming in thick and fast. But will they give lacklustre stock markets …
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By Dhara Ranasinghe, Saikat Chatterjee and Alun John LONDON/HONG KONG – The euro failed to gain a boost from pro-EU centrist Emmanuel Macron re-election as France’s president, and European share …
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PARIS -French media giant Vivendi’s first-quarter sales grew by 7.9% at constant exchange rates and excluding acquisitions, driven by its pay-TV and advertising operations, it said on Monday. Total revenue …
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AMSTERDAM – Cat Rock, the second-largest shareholder in Just Eat Takeaway.com, called on Monday for a major shake-up of the company by voting out its CFO and several members of …
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By Alexander Cornwell DUBAI – Saudi Arabia is targeting a tenfold increase in international airline passengers transiting the kingdom by the end of the decade as it looks to triple …
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SINGAPORE – Singapore’s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official data …
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By Laura Sanicola (Reuters) – U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff in refining capacity and crude …
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By Balazs Koranyi WASHINGTON -European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July but …
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By Rajendra Jadhav MUMBAI – Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek …
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By Gavin Maguire, Muyu Xu and Xie Yu (Reuters) – A wave of COVID-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying …
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By Leika Kihara TOKYO – The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major tweaks to its dovish policy guidance, as …
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By Saikat Chatterjee LONDON -Following is market reaction to French President Emmanuel Macron’s victory over rival Marine Le Pen in Sunday’s election. With 97% of votes counted, Macron was on …
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BERLIN – Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey …
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TAIPEI -Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China’s Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted …
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NEW YORK, NY – New York City is mourning the loss of one of their public service heroes, firefighter Timothy Kevin Klein of the New York City Fire Department. Klein, …
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(Reuters) -Indonesia’s ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium. …
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(Reuters) -Indonesia’s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies including Unilever, Procter & Gamble and Nestle. Indonesia counts …
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LONDON – Asking prices for houses in Britain surged again in April but momentum in the housing market should slow as consumers are hit increasingly by the growing cost of …