BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two days after it raised its …
Topic:
Financial
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ZURICH – Staffing group Adecco does not expect the Russian invasion of Ukraine to derail the global economic upswing, Chief Financial Officer Coram Williams told Reuters on Thursday. “What is …
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By Iain Withers and Lawrence White LONDON -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, …
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– Bouygues should grow its sales and core profit further in 2022, the French conglomerate said on Thursday, as it posted annual earnings that surpassed expectations to land ahead of …
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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 …
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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 …
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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 …
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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. …
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– 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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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– Video game maker Activision Blizzard Inc’s mobile gaming unit, King, said on Wednesday two of its senior executives, including a co-founder, would leave the company before its deal with …
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By Marc Frank HAVANA – The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening to dent both national pride …
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WASHINGTON – U.S. regulators and Meta Platforms Inc are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook …
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By Stefanie Eschenbacher PROCESADOR DE GAS CACTUS, Mexico – It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing center, in the poor southern …
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LONDON – The Bank of England is conducting an internal review into its policy on officials’ personal financial dealings, in the wake of an ethics scandal that shook the U.S. …
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By Paul Sandle LONDON -London’s Heathrow airport, Britain’s busiest, saw its lowest number of passengers since 1972 last year and suffered wider losses as the coronavirus pandemic slashed demand for …
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WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing …
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-Goldman Sachs Group Inc is exploring measures such as seizing vested pay to dissuade top bankers from leaving, Bloomberg News reported on Wednesday, citing people familiar with the matter. The …
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SAO PAULO – Brazilian shoemaker Alpargatas has raised 2.49 billion reais ($492 million) in a planned follow-on share offering, a securities filing showed. Investment firm Itausa, which was already one …
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By Yousef Saba DUBAI -First Abu Dhabi Bank, the United Arab Emirates’ largest lender, is set to sell $500 million in senior unsecured Islamic bonds at 75 basis points over …
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BEIJING – Ukraine, which is locked in a security crisis with Russia, has seen growing investment from China in recent years. China has a strategic interest in Ukraine because of …