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  • Financial News

    Explainer-Why Europe’s mobile telecom market is ripe for consolidation

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN – Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt …

  • Financial News

    Vodafone under pressure to test Europe’s appetite for telecom takeovers

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    By Paul Sandle and Kate Holton LONDON – Vodafone boss Nick Read believes competition regulators have eased their opposition to takeovers; all that remains is to test the theory by …

  • Financial News

    CNH does not plan to reduce operations in Italy – paper

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    MILAN – CNH Industrial does not plan to downsize operations in Italy, the head of the Italian-American vehicle maker was quoted as saying on Thursday. Chief Executive Scott Wine also …

  • Financial News

    Thai fiscal, monetary policy to help ensure full recovery in 2024 -Finance Minister

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    BANGKOK – Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, its finance minister said on Thursday. …

  • Financial News

    Cash in hand, Getlink beats expectations but stays quiet on guidance

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    – Getlink’s annual revenues and core profit slightly beat market expectations on Thursday due to cost control though the operator of the Channel Tunnel stayed mute on its guidance. The …

  • Financial News

    ‘Contrarian’ quant giant Dimensional focuses on U.S. curve short end, corporate debt

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    By Davide Barbuscia NEW YORK – Dimensional Fund Advisors, a pioneer of quantitative investment with $680 billion in assets under management, has increased exposure to the short end of the …

  • Financial News

    Adecco sees solid growth in 2022 after 2% revenue rise in Q4 2021

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    ZURICH – Adecco expects “solid revenue growth” at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% increase in revenues during its …

  • Financial News

    Kazakhstan central bank hikes policy rate amid Ukraine crisis

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the Russian rouble after Moscow launched …

  • Financial News

    France’s Axa doubles 2021 profit, raises financial goals

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    PARIS -Axa reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The …

  • Financial News

    Deutsche Telekom core profit, revenue beat estimates

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    STOCKHOLM/BERLIN – Deutsche Telekom reported quarterly core profit and revenue above market estimates on Thursday, boosted by its U.S. unit, T-Mobile along with growth in European business. Adjusted earnings before …

  • Financial News

    HeidelbergCement sees higher sales, profits in 2022

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    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. …

  • Financial News

    Exclusive-ECB must keep buying bonds to cushion Ukraine fallout, Stournaras says

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    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 …

  • Financial News

    Amazon labor organizer arrested for trespassing after dropping off food for workers

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    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 …

  • Financial News

    Google brings back massages, gyms as San Francisco COVID-19 concerns ease

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    -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 …

  • Featured NewsFinancial News

    Moscow Exchange suspends trading on all markets

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    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. …

  • Financial News

    Hong Kong Jan home prices at 11-month low, hit by COVID

    by Reuters February 24, 2022
    by Reuters February 24, 2022

    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 …

  • Financial News

    Hong Kong bourse operator’s annual net profit rises 9%

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    China vows to keep property market stable, meet demand this year

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    Dubai housing a buyer’s market despite surprise price rise – Reuters poll

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    Czech central bank vice-gov says Ukraine crisis will have inflationary effect

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    PRAGUE – The crisis around Ukraine will have an inflationary effect on the Czech economy via higher energy prices, the central bank vice-governor Tomas Nidetzky was quoted as saying on …

  • Financial News

    Malaysia’s January CPI up 2.3%, below forecast

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    Thai domestic car sales jump 25.81% y/y in January

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    Indian economy likely lost steam in final quarter of 2021 – Reuters poll

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    FAA issues 5G warning for Boeing 737s but says practical effects are limited

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

  • Financial News

    S.Africa building giant WBHO quits Australia, blames ‘hardline’ COVID response

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    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 …

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