Author Archives: Syndicated Content
Trillions of dollars of fossil fuel finance routed via tax havens, study says
By John O'Donnell FRANKFURT (Reuters) - Trillions of dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, rese...
Sep 11, 2024
Analysis-India's bid to match China's factory heft gets a reality check
By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) - India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to...
Sep 11, 2024
Zara owner Inditex's strong autumn sales offset first-half growth slowdown
MADRID (Reuters) -Zara owner Inditex reported a rebound in recent sales of its first autumn-winter collections on Wednesday, offsetting a slowdown in sales in the first half of the year that was in li...
Sep 11, 2024
Column-'Blunt' interest rates pose questions about Fed easing :Mike Dolan
By Mike Dolan LONDON (Reuters) - If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn...
Sep 11, 2024
Number of German insolvencies climbs further in August
BERLIN (Reuters) - Germany saw a 10.7% increase in insolvencies in August compared to a year earlier, the federal statistics office reported on Wednesday, adding to data that show persistent difficult...
Sep 11, 2024
Boohoo to supply U.S. market from UK
LONDON (Reuters) - British online fashion retailer Boohoo said it will supply its customers in the United States from the UK, rather than its U.S. centre, resulting in a write-down. It said on Wednesd...
Sep 11, 2024
UniCredit buys Commerzbank stake from Germany, rekindling merger speculation
By Giulia Segreti and Tom Sims FRANKFURT (Reuters) -Italy's UniCredit said on Wednesday that it had acquired a 9% stake in Germany's Commerzbank and will "explore value creating opportunities for all ...
Sep 11, 2024
US fund Castlelake considering sale of stake in Spain's Aedas, Cinco Dias reports
(Reuters) - U.S.-based investment fund Castlelake is considering selling its majority stake in Spanish real estate group Aedas Homes, Spanish newspaper Cinco Dias reported on Wednesday, citing unident...
Sep 11, 2024
Australia's Star Entertainment unable to finalize annual results
(Reuters) - Embattled Australian casino operator Star Entertainment on Wednesday said it "is not yet in a position to finalize" its preliminary report for the year ended June 30, as it faces a trading...
Sep 11, 2024
European shares gain on boost from oil, resources sectors
(Reuters) - European shares opened higher on Wednesday, boosted by the oil and gas, and the basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the Federal Reser...
Sep 11, 2024
