Author Archives: Syndicated Content
Swedish rate-setters say quick action key to fight inflation spiral – minutes
STOCKHOLM (Reuters) - Sweden's central bank must act robustly to get inflation under control or rising prices could become entrenched, rate-setters said in the minutes of the central bank's most recen...
Sep 29, 2022
Nestle CEO: I’m not a ‘mega deal’ maker
ZURICH (Reuters) - Food group Nestle is in no hurry to acquire companies given rich valuations and will stick to its traditionally cautious approach to deals, its chief executive told a conference on ...
Sep 29, 2022
ECB’s Rehn: long-term debt level not sustainable in third of euro zone countries
HELSINKI (Reuters) - Long-term debt of more than one third of euro area countries is under serious threat, European Central Bank policymaker and Finnish central bank chief Olli Rehn said on Thursday. ...
Sep 29, 2022
German economic institutes see 2023 contraction as gas crisis hits
BERLIN (Reuters) - Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 projection to -0.4% fr...
Sep 29, 2022
China’s central bank to step up efforts to support economic recovery
BEIJING (Reuters) - China's central bank said on Thursday it will step up efforts to consolidate economic recovery, which still faces some downward pressures. China's economy continues to recover, but...
Sep 29, 2022
U.S. VP Harris says N.Korea’s missile test was destabilising
PANMUNJOM, South Korea (Reuters) - U.S. Vice President Kamala Harris said on Thursday North Korea's recent missile test was destabilising as she visited the Demilitarized Zone (DMZ) separating the two...
Sep 29, 2022
KKR’s tender offer for Hitachi Transport to be delayed -statement
TOKYO (Reuters) - Japan's Hitachi Transport System Ltd said on Thursday it had been informed by KKR & Co that the private equity firm's tender offer for it would be delayed from the initially planned ...
Sep 29, 2022
CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
FRANKFURT (Reuters) - Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the "historic moment" of the luxury car brand listing on Thursday after Germany's bi...
Sep 29, 2022
Rugby-All Blacks centre Tupaea sidelined for nine months
(Reuters) - New Zealand centre Quinn Tupaea will sidelined for nine months by the knee injury he sustained during a clear-out by Australia's Darcy Swain in Melbourne earlier this month that incenesd t...
Sep 29, 2022
UK’s Truss presses on with ‘controversial’ economic plan, says it’s the right course
LONDON (Reuters) -British Prime Minister Liz Truss defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take "controversial" steps to reignite growth and...
Sep 29, 2022
