Author Archives: Syndicated Content
German property lenders see slight pickup in financing in 2024
FRANKFURT (Reuters) - German property lenders are forecasting a slight revival in real-estate financing this year after a sharp slowdown in 2023 amid the most severe property crisis in decades, accord...
Mar 27, 2024
DS Smith shares jump 7% after International Paper buyout proposal
(Reuters) - Shares in DS Smith opened 7.7% higher on Wednesday after the company said it is in talks with International Paper over an all-stock offer from its U.S.-listed rival. The offer values the B...
Mar 27, 2024
Analysis-As yuan skids, markets bet more depreciation is in store
By Rae Wee and Vidya Ranganathan SINGAPORE (Reuters) - China's yuan is sliding and market participants suspect authorities are deliberately but slowly engineering a light depreciation of the currency,...
Mar 27, 2024
European shares muted ahead of economic data; H&M shines
(Reuters) - European stocks opened flat on Wednesday after closing at record high in the previous session, as investors awaited more economic data due this week, while H&M shares jumped on upbeat quar...
Mar 27, 2024
Swedish central bank holds rates, flags cut in May or June
STOCKHOLM (Reuters) - Sweden's central bank held its key rate unchanged at 4.00% on Wednesday as expected and said it was likely to start easing policy either in May or June. (Reporting by Johan Ahlan...
Mar 27, 2024
Abandoned Israeli farms cling to life in evacuation zone
By Jonathan Saul KIBBUTZ SNIR, Israel (Reuters) - In an abandoned kibbutz in Israel's evacuation zone near the Lebanese border, Lior Shelef has stayed behind to keep watch as a reservist in a protecti...
Mar 27, 2024
H&M proposes Helena Saxon replaces Niklas Zennstrom on its board
STOCKHOLM (Reuters) - Swedish fashion retailer H&M said on Wednesday its nomination committee proposes Helena Saxon as a new board member. H&M said in a statement that Saxon, current chief financial o...
Mar 27, 2024
Citi lays off 10 research staff in Asia Pacific as part of global revamp, sources say
By Kane Wu and Selena Li HONG KONG (Reuters) - Citigroup Inc has laid off at least 10 people in its equities research department in Asia Pacific this week, two sources with knowledge of the matter sai...
Mar 27, 2024
Spain's EU-harmonised 12-month inflation rises to 3.2% in March
(Reuters) - Spain's European-Union harmonised inflation rose 3.2% in the 12 months through March, up from 2.9% increase in the period through February, preliminary data from the National Statistics In...
Mar 27, 2024
Russia attacks Ukraine with 13 drones, Ukrainian air force chief says
KYIV (Reuters) - Ukraine's air force chief said on Wednesday that Russia launched 13 Shahed drones at Ukraine overnight, 10 of which were downed in Kharkiv, Sumy and Kyiv regions. "Anti-aircraft missi...
Mar 27, 2024
