Author Archives: Syndicated Content
Marketmind: The race to the exit
A look at the day ahead in markets from Saikat Chatterjee. A big week in markets is about to get bigger. A day after the European Central Bank took markets by surprise by signalling not just rates lif...
Jun 10, 2022
Pakistan to make IMF-backed painful economic adjustments in FY2022-23 budget
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) - Pakistan's government is set to present a budget for financial year 2022-23 on Friday aimed at tight fiscal consolidation in a bid to ...
Jun 10, 2022
KKR consortium makes offer for bike maker Accell unconditional
AMSTERDAM (Reuters) - A consortium led by buyout firm KKR has made its offer to buy Accell Group unconditional, it said on Friday, in a deal that values the maker of Sparta, Batavus and Raleigh at 1.5...
Jun 10, 2022
Hungary price caps could stay in place if war is entrenched, Orban says
BUDAPEST (Reuters) - Hungary's price caps on fuel, some basic foods and energy could stay in place for a longer period if the war in Ukraine is entrenched, Prime Minister Viktor Orban said on Friday. ...
Jun 10, 2022
GSK’s RSV vaccine succeeds in late-stage trial for older adults
LONDON (Reuters) -GSK's vaccine for respiratory syncytial virus (RSV) succeeded in an ongoing late-stage trial involving older adults, the company said on Friday. It is the first trial to show statist...
Jun 10, 2022
EBRD may invest in Sberbank unit if it becomes Kazakhistan asset
NUR-SULTAN (Reuters) - The European Bank for Reconstruction and Development (EBRD) may help Kazakhstan boost the capital of the local subsidiary of Russia's Sberbank if the Central Asian nation buys i...
Jun 10, 2022
Norway to return its military helicopters, seek repayment from NH Industries
OSLO (Reuters) - Norway will return military helicopters it had ordered from France's NH Industries because Oslo said they were either unreliable or were delivered late, the Nordic country's defence m...
Jun 10, 2022
ECB sowing messy ‘some of what it takes’ signal: Mike Dolan
By Mike Dolan PARIS (Reuters) - The European Central Bank's 'whatever it takes' commitment to bind the euro zone is wearing thin as it tries to 'normalise' monetary policy and give inflation hawks mor...
Jun 10, 2022
Factbox-Latest on the worldwide spread of the coronavirus
(Reuters) - Days after lifting its months-long lockdown, Shanghai will test most of its residents this weekend, while in Japan the country's business community has sought to relax border controls amid...
Jun 10, 2022
Deutsche Bank expects two 50 bps ECB rate hikes this year
LONDON (Reuters) - Deutsche Bank says it now expects the European Central Bank to deliver two hefty 50 basis point rate hikes this year after kicking of a tightening cycle with a quarter point move in...
Jun 10, 2022
