By Tetsushi Kajimoto TOKYO – Four out of five large Japanese firms are passing on higher commodity costs to customers or intend to do so, a Reuters poll found, a …
firms,
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MOSCOW – Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, …
- Financial News
Asian firms may struggle to refinance dollar debt, ratio suggests
by Reutersby ReutersBy Patturaja Murugaboopathy (Reuters) – Asian companies are likely to find it harder to refinance dollar-denominated debt, the decline in a key metric suggests, with the currency at a two-decade …
- Financial News
Turkey’s banking watchdog eases regulations on lira loans to FX-rich firms
by Reutersby ReutersISTANBUL – Turkey’s BDDK banking watchdog on Thursday eased some of the regulations that restricted FX-rich companies from obtaining Turkish lira loans. A decision published on the BDDK’s website showed …
- Financial News
Apple to release new ‘Lockdown Mode’ as it battles spyware firms
by Reutersby ReutersBy Stephen Nellis (Reuters) – Apple Inc on Wednesday said it plans to release a new feature called “Lockdown Mode” this fall that aims to add a new layer of …
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FRANKFURT – The European Central Bank plans to gradually revamp its 344 billion euro ($358 billion) corporate debt portfolio to favour greener firms, it said on Monday, taking another step …
- Financial News
Nervous staff and no bankers: Western firms struggle to exit Russia
by Reutersby ReutersBy Essi Lehto and Anne Kauranen HELSINKI – For foreign companies still working out what to do with their stranded Russian assets, President Vladimir Putin’s seizure of a major oil …
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FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European …
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SYDNEY – Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labour market, another sign interest rates are …
- Financial News
Mining firms poised to lead capital raisings in Canada, TSX CEO says
by Reutersby ReutersBy Divya Rajagopal TORONTO – Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of …
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ISTANBUL -Turkey on Friday restricted lending to many companies with more than $1 million in foreign currency cash, the latest step to reverse a tumbling foreign-exchange rate by squeezing banks …
- Business News
McElroy Deutsch Adds Two Highly Respected Hartford Attorneys to the Firm’s Growing Appellate Practice
by Your Newsby Your NewsWesley W. Horton and Karen L. Dowd Have Joined Firm’s Hartford-Based New England Office MORRISTOWN, N.J., June 24, 2022 — McElroy, Deutsch, Mulvaney & Carpenter, LLP (“McElroy Deutsch” or “the …
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Russian rouble firms to 7-year high past 53 vs dollar in Moscow trade
by Reutersby ReutersMOSCOW – The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported by capital controls, a favourable upcoming tax period and Russia’s …
- Financial News
European food delivery firms face forecast cuts as inflation surges, says J.P. Morgan
by Reutersby Reuters(Reuters) – European food delivery companies will be forced to slash their forecasts in the second half of the year as record-high inflation and rising borrowing costs take a toll …
- Financial News
Exclusive: China firms in advanced talks with Qatar for gas field stakes, LNG offtake – sources
by Reutersby ReutersBy Chen Aizhu SINGAPORE – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world’s largest liquefied natural gas …
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By Yadarisa Shabong LONDON – Private capital has a keen eye on British bus companies. Low valuations, hopes that travellers will ditch cars, and government incentives to invest in environmentally-friendly …
- Financial News
U.S. financial firms push back on SEC bid to rein-in blank check company deals
by Reutersby ReutersBy Katanga Johnson WASHINGTON – U.S. financial industry groups are pushing to water down a draft Securities and Exchange Commission (SEC) rule aimed at reining-in special purpose acquisition companies or …
- Financial News
Nearly half of Japan firms see weak yen as bad for business – survey
by Reutersby ReutersTOKYO – Nearly half of Japanese companies see the weak yen as bad for their business, a private survey showed on Tuesday, suggesting the currency’s recent sharp decline is hurting …
- Financial News
Czech finance minister outlines plan to let firms to pay taxes in euros, look at more euro debt
by Reutersby ReutersBy Jan Lopatka and Jason Hovet PRAGUE – The Czech government’s plan to let companies pay taxes in euros from 2024 will enable the state to raise its borrowing in …
- Financial News
U.S. Senate likely to pass bill to bar tech firms’ favoring themselves in searches
by Reutersby ReutersBy Diane Bartz WASHINGTON – U.S. Senator Amy Klobuchar and lawmakers from both parties said on Wednesday they had the Senate votes needed to pass legislation aimed at reining in …
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(Reuters) – The Russian rouble climbed on Wednesday, firming past 60 per dollar, despite Russia’s decision to ease some capital controls and expectations of an interest rate cut at an …
- Financial News
Tech firms request inclusion on Russia’s domestic software list -RBC
by Reutersby Reuters(Reuters) – Russian online lender Tinkoff and e-commerce firm Ozon are among a handful of companies with some foreign ownership seeking government approval to participate in state tenders and access …
- Financial News
Trading firms Citadel Securities, Virtu building crypto-trading ecosystem- source
by Reutersby ReutersNEW YORK – Trading firms Citadel Securities and Virtu Financial Inc are collaborating on a cryptocurrency trading “eco-system” that will enable retail brokerages to offer crypto-executions to their customers, according …
- Financial News
Germany plans 5 billion-euro aid package for energy-intensive firms
by Reutersby ReutersBERLIN – The German government is planning to support energy-intensive companies with a 5 billion-euro aid package, a German Economy Ministry spokesperson said on Friday. Details would be released later …
- Financial News
Tech firms say India cyber rules risk creating ‘environment of fear’
by Reutersby ReutersBy Munsif Vengattil NEW DELHI – Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top …