Author Archives: Syndicated Content
Marketmind: Collateral damage
A look at the day ahead in markets from Sujata Rao There it is: an admission from a central banker that rapid policy tightening may cause a hard landing for economic growth -- Federal Reserve Governor...
Apr 12, 2022
Russia revises forecasts, GDP to fall more than 10% in 2022 – RIA cites official
(Reuters) - Russian economy and finance ministries are working on new forecasts that would project a contraction of gross domestic product this year of more than 10%, Alexei Kudrin, head of the Audit ...
Apr 12, 2022
Deutsche Bank and Commerzbank shares fall after investor sale
FRANKFURT (Reuters) -Shares of Deutsche Bank and Commerzbank opened sharply lower on Tuesday after an undisclosed investor on Monday evening sold stakes of more than 5% in Germany's top two lenders. T...
Apr 12, 2022
India likely to get average monsoon rains in 2022 – Skymet
MUMBAI (Reuters) - India is likely to get average monsoon rains this year, a private weather forecasting agency said on Tuesday, raising prospects of higher farm and economic growth in Asia's third-bi...
Apr 12, 2022
Givaudan to keep raising prices after Q1 sales grew 4.6%
ZURICH (Reuters) -Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales ...
Apr 12, 2022
Drugs running out, surgeries cancelled as Sri Lanka’s health system buckles
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) - Rosanne White was first diagnosed with cancer eight years ago and lost a kidney. After the cancer returned five years ago, an oncologist in...
Apr 12, 2022
Sri Lanka to temporarily suspend foreign debt payments – c. bank governor
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will temporarily suspend foreign debt payments to avoid a hard default, the central bank governor said on Tuesday, with its limited foreign reserves r...
Apr 12, 2022
U.S. surpasses Germany as top Swiss export market as pharma booms
ZURICH (Reuters) - The United States overtook Germany as Switzerland's biggest export market last year, mainly thanks to strong growth in chemical and pharmaceutical products over the last two decades...
Apr 12, 2022
ASOS first half profit falls 87% on supply chain constraints
LONDON (Reuters) -British online fashion retailer ASOS reported an 87% fall in first half profit, reflecting supply chain constraints impacting stock availability and cost inflation, though it did mai...
Apr 12, 2022
Dubai utility DEWA rises 20% above IPO price
By Hadeel Al Sayegh DUBAI (Reuters) -Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the ...
Apr 12, 2022
