By Steve Scherer and David Ljunggren OTTAWA (Reuters) – Most Canadian businesses expect a mild recession over the next year because higher interest rates are curbing investment plans and consume[...]
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January 16, 2023
European shares near 9-month high as new year rally continues
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares hit a near nine-month high on Monday, albeit in light trading due to a U.S. holiday, with real estate and retail stocks helping of[...]
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Ex Commerzbank female banker seeks $707,000 over discrimination, harassment
By Kirstin Ridley LONDON (Reuters) – A former London-based Commerzbank compliance officer is seeking almost 580,000 pounds ($707,000) in compensation after winning a sex and maternity discrimina[...]
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Thyssenkrupp Uhde aims to double sales, open to co-owners
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp’s plant engineering unit plans to double sales to around 2 billion euros ($2.2 billion) in th[...]
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TIM’s top shareholder Vivendi leaves board seat as it seeks governance changes
PARIS/MILAN (Reuters) – Telecom Italia (TIM) said its biggest shareholder Vivendi on Monday relinquished its board seat, as Italy’s new government weighed options to take control of the de[...]
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Davos 2023: Big Oil in sights of climate activist protests
By Maha El Dahan DAVOS, Switzerland (Reuters) -Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a[...]
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Air finance summit tackles jet shortages amid China travel thaw
By Tim Hepher and Joanna Plucinska DUBLIN (Reuters) -China’s abrupt decision to lift COVID-19 travel curbs could accelerate a global recovery in air traffic – but after widespread staff sh[...]
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Europe boosts Russian diesel buying ahead of ban set to rock market
By Rowena Edwards, Ron Bousso and Ahmad Ghaddar LONDON (Reuters) – European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European ban expected to tigh[...]
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Foreign investors pour $925 million into Egypt since Wednesday
CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt[...]
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