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Analysis-Russian gold removed from some Western funds after Ukraine
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SpaceX rocket sends first global water survey mission into orbit
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Britain’s Purplebricks to cut more than 10% of jobs – The Times
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EU opens antitrust probe into Broadcom’s $61 billion VMware bid
Slovak prime minister says 2023 state budget will be approved in time
Date: December 21, 2022
(Reuters) – The Slovak parliament will approve the 2023 state budget this week, enabling the government to help people hit by soaring energy prices, Prime Minister Eduard Heger said on Tuesday. Approving the budget in time appeared unlikely after Heger’s minority centre-right government lost a no-confidence vote in parliament last Thursday. His cabinet has been...
Capital markets stuck in ‘no man’s land’ as bankers miss out on fees
Date: December 21, 2022
By Pablo Mayo Cerqueiro and Echo Wang LONDON/NEW YORK (Reuters) -Investment bankers are bracing for another tough year ahead after losing out on lucrative fees from arranging initial public offerings (IPOs) and other share sales, as questions around monetary policy and a looming recession dampen hopes for a near-term rebound. Banks have executed $517 billion...
Siemens Gamesa names Luijendijk CEO of onshore wind unit
Date: December 21, 2022
By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk as chief executive of its onshore unit as it seeks to turn around the business, a memo signed by Siemens Gamesa CEO Jochen Eickholt showed. Luijendijk will replace Lars Bondo Krogsgaard, whose departure was announced in...
German producer prices rise less than expected in November
Date: December 20, 2022
BERLIN (Reuters) -Germany’s producer price index eased in November for the second month in a row, adding to signs that high inflation could be waning in Europe’s largest economy as the cost of natural gas and electricity fell, according to data released on Tuesday. Producer prices of industrial products rose 28.2% on the same month...
Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
Date: December 20, 2022
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to enhanced repo operations turnover. “The current year has not been easy. Markets faced unprecedented challenges,” said Yuri Denisov, head of MOEX Group, which...
Orange finance head Fernandez to join transport group CMA CGM
Date: December 20, 2022
PARIS (Reuters) – French telecoms group Orange’s deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director. Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named...