(Reuters) – Newell Brands Inc said on Monday it will cut about 13% of its office positions, in a bid to save costs amid stubbornly high inflation that has pressured consumer spending. The sharpi[...]
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January 23, 2023
Zambia visits by Yellen, IMF reflect concern over stalled debt talks, China
By Andrea Shalal LUSAKA (Reuters) -Two of the world’s most powerful finance officials are visiting Zambia this week, a reflection of the growing concern shared by Western officials about how Chi[...]
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French advertising firm Publicis names WPP’s Ikiler as EMEA COO
(Reuters) – Publicis has appointed WPP’s Demet Ikiler as its chief operating officer for Europe, Middle East and Africa (EMEA), the French advertising agency said on Monday. Ikiler, who jo[...]
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Insurer ASR to consider sale of bank acquired in Aegon deal, source says
By Pablo Mayo Cerqueiro and Toby Sterling LONDON/AMSTERDAM(Reuters) – Dutch insurer ASR will consider a sale of its banking arm after completing its acquisition of rival Aegon’s domestic o[...]
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Exclusive-Geely plans to turn maker of London black cabs into EV powerhouse
By Nick Carey COVENTRY, England (Reuters) – China’s Geely is planning a big investment to turn the maker of London’s iconic black taxis into a high-volume, all-electric brand with a[...]
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EU lawmakers to vote on tighter crypto, ESG rules for banks
By Huw Jones LONDON (Reuters) – Banks would have to set aside a punitive amount of capital to cover holdings of cryptoassets under a draft law due to be voted on by lawmakers on Tuesday. The Eur[...]
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German cartel office initiates proceedings against PayPal
BERLIN (Reuters) – Germany’s cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe over the possibility that it hindered competition. Th[...]
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Who let the hawks out?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. The U.S. Federal Reserve has entered its black-out period before next week’s meeting, data is thin and much of Asia is s[...]
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European Central Bank to raise deposit rate to 3.25% by mid-year
By Jonathan Cable LONDON (Reuters) – The European Central Bank will deliver 50 basis point interest rate rises at each of its next two meetings, according to economists polled by Reuters, whose[...]
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