Author Archives: Syndicated Content
Saudi Arabia includes Diriyah tourism project in PIF’s portfolio -SPA
RIYADH (Reuters) - Saudi Arabia has included a Diriyah tourism project in the portfolio of its sovereign wealth fund, the Public Investment Fund (PIF), to improve investment efficiency and public-priv...
Jan 09, 2023
Rolls-Royce rides ongoing luxury demand to sales record in 2022
By Nick Carey LONDON (Reuters) - Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders str...
Jan 09, 2023
Russian rouble gains 3% on first working day of 2023
By Jake Cordell (Reuters) - The Russian rouble started the first full trading day of the new year on the front foot, advancing by more than 3% against the U.S. dollar to rebound from six-month lows hi...
Jan 09, 2023
Analysis-Fall in India nominal GDP growth in FY24 to challenge fiscal math
By Ira Dugal MUMBAI (Reuters) - India's nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expe...
Jan 09, 2023
Soccer-Bayern’s Kahn confident of club goals despite injuries to key player
BERLIN (Reuters) - Bayern Munich CEO Oliver Kahn said on Monday he was convinced the team would reach their season goals even without several injured key players, including captain Manuel Neuer. The G...
Jan 09, 2023
Britain outlines reforms to support energy capacity market
LONDON (Reuters) - Britain announced new proposals on Monday aimed at securing the future of its electricity supply as the government seeks to meet peak demands and safeguard against the possibility o...
Jan 09, 2023
Kremlin: confident that defence ministry report on Kramatorsk strike is correct
(Reuters) - The Kremlin said on Monday that it was confident its defence ministry was correct when it said that 600 Ukrainian servicemen had been "destroyed" in an attack on the city of Kramatorsk, de...
Jan 09, 2023
Italy’s Ukraine arms supply decision delayed until February – paper
MILAN (Reuters) - Italy will not take a decision on the supply of new arms to Ukraine until February due to political tensions, cost considerations and military shortages, newspaper la Repubblica repo...
Jan 09, 2023
Fosun pharma, Genuine Biotech will donate COVID treatment Azvudine to China’s rural areas
BEIJING (Reuters) - Shanghai Fosun Pharmaceutical said on Monday it would cooperate with its charity fund and Henan Genuine Biotech to donate 100 million yuan worth of COVID treatment Azvudine to Chin...
Jan 09, 2023
Berkshire Hathaway sells 1.1 million H-shares in China’s BYD
HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ...
Jan 09, 2023
