(Reuters) -AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of its preferred stock and proposed a reverse stock split, sending the cinema[...]
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December 22, 2022
Russia’s No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billion
By Alexander Marrow, Elena Fabrichnaya and Maria Kiselyova MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out Otkritie Bank to the country’s No.2 lender, state-owned VTB,[...]
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Exclusive-Russia likely to buy yuan on FX market in 2023 – sources
By Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, two sources said, opening a new front in an acce[...]
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Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%
MOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an EU embargo on Russian oil to[...]
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Yen rises, underpinned by BOJ policy tweak; dollar retreats
By Rae Wee SINGAPORE (Reuters) – The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan’s surprise tweak to its[...]
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EU court rules Airbnb must provide rental info to tax authorities
BRUSSELS (Reuters) -Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national regime, the European Union’[...]
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Analysis-Italy’s nationalists set to loosen grip on beloved airline with mooted Lufthansa deal
By Angelo Amante and Joanna Plucinska ROME (Reuters) – Italy’s new right-wing government has shown it is prepared to put sound finances ahead of national pride by revamping plans to sell a[...]
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Japanese homeowners face an unfamiliar headache: higher mortgages
By David Dolan and Daniel Leussink TOKYO (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance fro[...]
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Morning Bid: Not so fast
A look at the day ahead in U.S. and global markets from Amanda Cooper. Ding dong, inflation’s dead! Or so you might think looking at what consumers reckon will happen to price pressures over the[...]
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