Author Archives: Syndicated Content
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) - Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue. Speaking at Riyadh's flagship investmen...
Oct 26, 2022
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) - British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his commitment to the central bank's independence and its inflation target,...
Oct 26, 2022
Mercedes-Benz: top-end, battery-electric sales hampered by supply bottlenecks – CFO
(Corrects headline to say "battery-electric sales", not "battery sales") BERLIN (Reuters) - Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle p...
Oct 26, 2022
Mercedes-Benz to sell shares in Russian subsidiaries to local investor
BERLIN (Reuters) - Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the lat...
Oct 26, 2022
Sentiment among German exporters lifts slightly
BERLIN (Reuters) - Sentiment among German exporters increased slightly in October, although the overall situation remained difficult due to tense energy markets and a weak global economic environment,...
Oct 26, 2022
Reckitt upbeat on sales outlook as prices rise
LONDON (Reuters) - Britain's Reckitt Benckiser on Wednesday said its full-year sales would be at the upper end of previous guidance and reported better than expected quarterly sales, helped by sweepin...
Oct 26, 2022
Barclays tops profit forecast on trading boom
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays beat forecasts with a small rise in third-quarter profit on Wednesday, as a strong performance in fixed income trading alleviated loan los...
Oct 26, 2022
Japan stimulus package to likely to total $170 billion, Kyodo says
TOKYO (Reuters) - Japan will likely spend 25.1 trillion yen ($170 billion) in its upcoming economic stimulus package, the Kyodo news agency reported on Wednesday. Including municipal government expend...
Oct 26, 2022
Heineken Q3 beer sales rise less than expected
BRUSSELS (Reuters) - Heineken NV, the world's second-largest brewery, reported on Wednesday beer sales rose less than expected in the third quarter as it reaffirmed its full-year outlook. The maker of...
Oct 26, 2022
UK PM Sunak gathers cabinet to begin ‘hard work’ of fixing economy
By William James and Sachin Ravikumar LONDON (Reuters) - British Prime Minister Rishi Sunak will gather his newly appointed cabinet for the first time on Wednesday, a day after taking power with a pro...
Oct 26, 2022
