Top Stories
Top Stories
UK watchdog fines Deloitte over SIG audit
Top Stories
Hundreds of Tyson Foods employees to depart as company closes offices – WSJ
Top Stories
BMW to make Solid Power’s battery cells under expanded agreement
Top Stories
Airbus pledges deeper industrial ties with India
Yen retreats after BOJ policy tweak sparked surge
Date: December 22, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous day when a surprise policy tweak by the Bank of Japan lifted the Japanese currency by 4% against the dollar. The BOJ decided to change its “yield curve control” policy on...
Weary Wall Street cheers improved consumer confidence
Date: December 21, 2022
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in December, and the dollar regained stability after the Bank of Japan rocked markets with a surprise decision to loosen its grip on government bond yields. The MSCI All-World index rose about 1.2% on the day, although...
German yields steady, spreads tighten after recent repricing
Date: December 21, 2022
By Stefano Rebaudo (Reuters) – German borrowing costs were little changed and spreads between the core and periphery tightened on Wednesday, as investors anticipated little upside for yields in the short term after last week’s European Central Bank meeting spurred repricing. While investors are concerned about more public spending in 2023 to fight the energy...
First foreign COVID vaccines head to China from Germany
Date: December 21, 2022
By Thomas Escritt and Alexander Ratz BERLIN (Reuters) -Berlin has sent its first batch of BioNTech COVID-19 vaccines to China to be administered initially to German expatriates, a German government spokesperson said on Wednesday, the first foreign coronavirus vaccine to be delivered to the country. No details were available on the timing and size of...
Engie warns of hit from windfall levies, Belgian nuclear provisions
Date: December 21, 2022
PARIS (Reuters) – France’s Engie warned on Tuesday of an earnings hit from European Union approved windfall levies and larger-than-expected provisions for dismantling Belgian nuclear plants, sending the energy company’s shares sharply lower. Engie forecast the impact on its group EBITDA from windfall levies in France, Belgium and Italy would be as high as 0.9...
Oil prices rise on U.S. drawdown, Chinese fears weigh
Date: December 21, 2022
By Shadia Nasralla and Rowena Edwards LONDON (Reuters) -Oil prices rose by more than 2% on Wednesday after data suggested a larger than expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in China and a snow storm that is expected to hit U.S. travel. Brent crude futures were...