top-stories
Top Stories
ECB criticises new Italian tax on windfall bank profits
Top Stories
Chinese consumers cheer Apple’s iPhone 15, others prefer Huawei
Top Stories
Goldman, J.P.Morgan cut UK’s 2023 growth forecast
Top Stories
ABB invests $280 million in new robotics factory in Sweden
Aviva to sell Singlife joint venture stake for $1 billion
Date: September 13, 2023
Aviva to sell Singlife joint venture stake for $1 billion By Elizabeth Howcroft LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instruments to Sumitomo Life for a combined 800 million pounds ($997 million), the British insurer said on Wednesday. The transaction is expected...
Sterling drops after UK economy contracts by more than expected
Date: September 13, 2023
Sterling drops after UK economy contracts by more than expected LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output contracted by more than expected in July. Sterling was last down 0.3% against the dollar at $1.2459, on track for its biggest daily drop in...
Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
Date: September 13, 2023
Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compared to a year ago, even as the world’s biggest fashion company slowed the pace of price increases to...
Oil near 10-month peak on supply tightness, US inflation data awaits
Date: September 13, 2023
Oil near 10-month peak on supply tightness, US inflation data awaits By Yuka Obayashi and Muyu Xu (Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced supply concerns over Libya output and OPEC+ cuts with global macroeconomic headwinds. The international benchmark Brent...
EY to create 1,000 jobs in N. Ireland, kicking off investment conference
Date: September 13, 2023
EY to create 1,000 jobs in N. Ireland, kicking off investment conference LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the British government announced on Wednesday ahead of an event aimed at attracting global investors to the region. The Northern Ireland Investment Summit, which...
Wall Street dips, the dollar strengthens as inflation data looms
Date: September 12, 2023
Wall Street dips, the dollar strengthens as inflation data looms By Stephen Culp NEW YORK (Reuters) -Wall Street softened and the dollar rebounded on Tuesday as investors looked ahead to key inflation data and further clues regarding the duration of the U.S. Federal Reserve’s restrictive monetary policy. All three major U.S. stock indexes started the...