Author Archives: Syndicated Content
Ukraine diplomat sees little chance of war, but local conflict possible
TOKYO (Reuters) - Ukraine is committed to seeking a diplomatic solution to the current tension with Russia, its ambassador to Japan, Sergiy Korsunsky, said on Wednesday, adding that he saw little chan...
Jan 26, 2022
Tissue maker Essity’s Q4 profit lags expectations
STOCKHOLM (Reuters) - Hygiene products maker Essity on Wednesday reported a bigger drop than expected in quarterly profit and said it did not expect costs for raw material, energy and distribution to ...
Jan 26, 2022
Hong Kong may maintain COVID isolation until 2024, risking exodus – Euro chamber
HONG KONG (Reuters) - Hong Kong may only reopen in early 2024 because of its stringent COVID-19 policies, which could trigger an exodus of foreign firms and staff and jeopardise its role as a financia...
Jan 26, 2022
Chocolate market recovering says Barry Callebaut after sales volumes rise
ZURICH (Reuters) -Swiss chocolate maker Barry Callebaut confirmed its mid-term guidance on Wednesday after reporting an 8.9% rise in sales volumes in the three months to Nov. 30, helped by easier comp...
Jan 26, 2022
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger (Reuters) -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year...
Jan 26, 2022
To hike or not: It’s a toss up ahead of Bank of Canada rate decision
By Julie Gordon OTTAWA (Reuters) - Odds are split on whether or not the Bank of Canada will hike rates for the first time since 2018 on Wednesday, with Omicron's wrath seen potentially delaying the st...
Jan 26, 2022
Analysis-Investors worry about hawkish Fed hurting growth, even theorize over next recession
By Davide Barbuscia NEW YORK (Reuters) - Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem...
Jan 26, 2022
Czech Republic reports record daily tally of 39,614 new COVID cases
PRAGUE (Reuters) - The Czech Republic, battling the spread of the Omicron variant of coronavirus, has recorded 39,614 new COVID-19 infections for its highest daily tally since the pandemic began, heal...
Jan 26, 2022
U.S. companies push Biden, Congress for caution on Russia sanctions
By Andrea Shalal and Timothy Gardner WASHINGTON (Reuters) - U.S. President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin invades Ukraine, but some big com...
Jan 26, 2022
Inflation-fighting Fed likely to flag March interest rate hike
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at least fo...
Jan 26, 2022
