Financial News

HeidelbergCement HEIG.DE, the world’s second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new homes. …

By Francesco Canepa and Balazs Koranyi FRANKFURT – The European Central Bank should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended …

By Jeffrey Dastin and Julia Love -Amazon.com Inc labor organizer Christian Smalls was arrested on Wednesday, accused of trespassing when he delivered warehouse workers food as part of a high-profile …

-Alphabet Inc’s Google said on Wednesday it is restoring office perks such as massages and gyms at its Mountain View, Calif. headquarters and across the San Francisco Bay Area, as …

MOSCOW – The Moscow Exchange said on Thursday morning it had suspended trading on all markets. The exchange will announce the resumption of trading at a later date, it said. …

HONG KONG – Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday, as the financial …

HONG KONG – The Hong Kong stock exchange operator’s 2021 net profit rose 9% but missed expectations, as China’s regulatory crackdowns resulted in fewer listings and struggling markets hurt its …

BEIJING -China’s housing minister pledged on Thursday to keep the real estate market stable this year and ensure genuine demand for homes is met, after a series of regulations aimed …

By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure …

Feb 24 – Malaysia’s consumer prices in January rose 2.3% from a year earlier, below forecast,  government data showed on Thursday.​ January’s consumer price index (CPI) was expected to rise 2.5%, according …

BANGKOK – Domestic car sales in Thailand rose 25.81% in January from a year earlier to 69,455 units, helped by an easing of coronavirus curbs and government support, the Federation …

By Prerana Bhat and Tushar Goenka BENGALURU – The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and …

WASHINGTON -The Federal Aviation Administration has warned that 5G wireless operations can interfere with radio altimeters in Boeing 737s, impeding a crew’s ability to safely fly or land, but FAA …

By Byron Kaye SYDNEY – South Africa’s biggest construction firm Wilson Bayly Holmes – Ovcon Ltd (WBHO) said it is pulling out of Australia, saying the country’s “hardline” COVID-19 response …

By Jeff Mason WASHINGTON -The United States on Wednesday imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, expanding penalties on Moscow after it …

By Ben Klayman DETROIT -Ford Motor Co has no plans to spin off its electric vehicle or gasoline-powered vehicle businesses, Chief Executive Jim Farley said on Wednesday. “We have no …

By Jessica DiNapoli NEW YORK – Oreo cookie maker Mondelez International Inc will close its plants in Ukraine if the country’s tensions with Russia escalate and become “too dangerous,” Chief …

By Caroline Valetkevitch NEW YORK – Wall Street’s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State …

– Asia-focused insurer AIA Group said on Thursday it would sell its Australian savings and investments business to local life insurance firm Resolution Life Australasia, noting it is “non-core” to …

By Wayne Cole SYDNEY -Australian business investment bounced modestly last quarter as demand recovered from pandemic lockdowns and miners benefited from high resource prices, while future spending plans were again …

By Anna Ringstrom STOCKHOLM – IKEA said on Thursday it would invest £1 billion ($1.4 bln) in London over three years, as it opened the doors to its first high …

-Booking Holdings posted quarterly profit and revenue above market expectations on Wednesday and said it is seeing an uptick in bookings, driven primarily by a recovery in cross-border travel within …

By Nichola Groom -The largest ever U.S. sale of offshore wind development rights – for areas off the coasts of New York and New Jersey – attracted a record $1.5 …

SAO PAULO -The Inter-American Development Bank (IDB) and Brazilian meatpacker Marfrig Global Foods SA, owner of U.S. brand National Beef, have broken off talks over a $200 million loan tied …