Author Archives: Syndicated Content
Egypt gets Gulf help again as eyes turn to currency flexibility
By Patrick Werr CAIRO (Reuters) - Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third such rescue in a decade, as analysts watch for greater ex...
Apr 04, 2022
Cognite appoints new CEO as founder steps aside
By Nerijus Adomaitis OSLO (Reuters) -Industrial software firm Cognite has appointed Girish Rishi, the former head of U.S. supply-chain software group Blue Yonder, as it eyes expansion in the U.S. mark...
Apr 04, 2022
Wall Street banks predict more inflation pain ahead for Turkey
LONDON (Reuters) - Wall Street banks predicted on Monday more price pressures ahead for Turkey after the country reported annual inflation rates climbing to a 20-year high of 61.14% in March. JPMorgan...
Apr 04, 2022
Exxon signals record quarterly profit from oil and gas prices
HOUSTON (Reuters) - Exxon Mobil Corp on Monday signaled first quarter production results could top a four-year quarterly record, with operating profits from pumping oil and gas approaching $10.1 billi...
Apr 04, 2022
Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan
By Marc Jones LONDON (Reuters) - JPMorgan has warned that the combination of Russia's war in Ukraine and China's ongoing property crash could see the worst wave of corporate defaults since the global ...
Apr 04, 2022
Hertz to add up to 65,000 Polestar electric vehicles to its catalog
(Reuters) - Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar. Hertz said Polestar cars would be available...
Apr 04, 2022
Futures edge higher as Twitter, China ADRs surge
(Reuters) - U.S. stock index futures edged higher on Monday as a jump in the shares of Twitter and U.S.-listed Chinese firms offset concerns about more sanctions against Russia over its invasion of Uk...
Apr 04, 2022
Russia imposes visa restrictions on citizens of ‘unfriendly countries’
(Reuters) - Russian President Vladimir Putin signed a decree on Monday to introduce visa restrictions for citizens of countries that Moscow deems "unfriendly" in response to sanctions over Ukraine. Th...
Apr 04, 2022
Red Cross says cannot reach Mariupol due to security conditions
GENEVA (Reuters) - A team of the International Committee of the Red Cross (ICRC) has not been able to reach the besieged city of Mariupol on Monday to evacuate civilians, a spokesperson said, citing s...
Apr 04, 2022
Henkel to continue business in Russia for now
BERLIN (Reuters) - Henkel will continue doing business in Russia for the time being, the German consumer goods group's chairperson said on Monday, adding that the company's activities in the country a...
Apr 04, 2022
