BERLIN (Reuters) – The German economy is expected to contract by 0.3% this year and the energy crisis triggered by Russia’s invasion of Ukraine will continue to weigh on industry in Europe[...]
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January 17, 2023
European borrowers start year with record 170 billion euro debt sale spree
By Yoruk Bahceli (Reuters) – European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage of borrowing costs falling from multi[...]
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China developers’ debt risks persist after support policies’ slow start
By Clare Jim HONG KONG (Reuters) – China’s Country Garden had some rare good news for the cash-squeezed property sector with an offshore debt repayment on Tuesday, but a closer look reveal[...]
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Exclusive-Montfort wins bid for Uniper’s marine fuels oil refinery in UAE – sources
By Jeslyn Lerh, Julia Payne and Florence Tan (Reuters) – Montfort has emerged as the top bidder for Uniper Energy’s oil refinery in the UAE that produces low-sulphur fuel oil for the shipp[...]
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Microsoft faces EU antitrust warning over Activision deal – sources
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for “Call of Duty” maker Activision Blizzard, people familiar wi[...]
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Whirlpool partners Arcelik in Europe, quits MidEast and Africa
(Reuters) – U.S. home appliances maker Whirlpool is folding its European business into a new company controlled by Turkish rival Arcelik, reducing its exposure to a market where it had warned at[...]
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Japan’s JERA signs ammonia supply MOUs with Yara, CF Industries
(Reuters) – Japan’s biggest power generator JERA signed ammonia supply memorandums of understanding (MOUs) with CF Industries of the United States and Norway’s Yara Clean Ammonia Nor[...]
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Marketmind: Dodging a downturn
A look at the day ahead in U.S. and global markets from Mike Dolan. Global investors have fretted endlessly about a 2023 recession for the major global economies for more than six months. Now the year[...]
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Exclusive-Renault, Geely look to bring Aramco into engine venture -sources
By Norihiko Shirouzu and Gilles Guillaume BEIJING/PARIS (Reuters) -Renault SA and China’s Geely Automobile Holdings are working to finalise a deal to bring Saudi Aramco in as an investor and par[...]
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