Author Archives: Syndicated Content
German retail sales fall unexpectedly in February
(Reuters) - German retail sales unexpectedly fell in February, decreasing by 1.9% compared with the previous month, data showed on Thursday. Analysts polled by Reuters had predicted a 0.3% increase. T...
Mar 28, 2024
Important to have stable relations with Spirit, Airbus CFO says
(Reuters) - Airbus, Chief Financial Officer Thomas Toepfer stressed the importance of a stable relationship with supplier Spirit AeroSystems, in a newspaper interview published on Thursday, as rival B...
Mar 28, 2024
UBS still reviewing risk of misstatement in Credit Suisse's books
By Stefania Spezzati and Noele Illien LONDON (Reuters) - UBS said it is still reviewing potential misstatements in Credit Suisse's financial reports and talks with regulators to address the issue are ...
Mar 28, 2024
Data confirms UK economy went into recession last year
LONDON (Reuters) - Official figures published on Thursday confirmed Britain's economy entered a recession in the second half of last year. Gross domestic product shrank by 0.1% in the third quarter an...
Mar 28, 2024
ADB forecasts low productivity growth in China despite industrial push
BOAO, China (Reuters) - China will have relatively low productivity growth despite its industrial policy push, and property risks and economic imbalances are still substantial, Albert Park, Chief Econ...
Mar 28, 2024
Keysight agrees to buy Britain's Spirent for $1.5 billion
(Reuters) - U.S.-based Keysight Technologies will buy Spirent Communications in an all-cash deal, valuing the British telecommunications testing firm at 1.16 billion pounds ($1.46 billion), both compa...
Mar 28, 2024
Explainer-What would Japanese intervention to boost a weak yen look like?
By Leika Kihara TOKYO (Reuters) - Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further in...
Mar 28, 2024
Pakistan benchmark share index hits record high, IMF cheer continues
KARACHI (Reuters) - Pakistan's benchmark index touched an all-time high on Thursday, extending a rally following a staff level agreement with the International Monetary Fund earlier this month to free...
Mar 28, 2024
Ukraine destroys 26 Russian drones in latest overnight strike
KYIV (Reuters) - Ukrainian forces shot down 26 out of 28 attack drones launched overnight by Russia, Kyiv's military said on Thursday. The Iranian-made drones were destroyed over parts of eastern, sou...
Mar 28, 2024
UBS looks to keep, grow shipping loans in post-merger green overhaul
By Simon Jessop LONDON (Reuters) - UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the ...
Mar 28, 2024
