By Iain Withers and Lawrence White LONDON (Reuters) – NatWest warned on Friday that rising interest rates may not deliver the long-lasting earnings bonanza investors hope for, even though profit[...]
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February 17, 2023
Steep levies on Russian aluminium could threaten U.S. nickel supply
By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of aluminium from Russia, ana[...]
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German producer prices ease, but at lower pace than expected
BERLIN (Reuters) – German producer prices rose more than expected in January, though the rate of increase eased for the fourth month in a row, signalling that inflation in Europe’s largest[...]
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Global equity funds see outflows on worries over Fed tightening
(Reuters) – Global equity funds witnessed outflows in the week to Feb. 15, hit by worries about the U.S. Federal Reserve’s further monetary tightening, with recent data showing stickier-th[...]
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Air Canada adjusted loss narrows on strong travel demand
(Reuters) -Air Canada on Friday reported a narrower quarterly loss as it flew more people, helped by strong holiday travel demand. Canada, which eased all COVID restrictions for passengers in the fall[...]
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Bailed-out gas trader Uniper flags recovery after ‘watershed year’
By Christoph Steitz, Tom Käckenhoff and Vera Eckert FRANKFURT/DUESSELDORF (Reuters) -Germany’s Uniper expects profits to recover this year from a 19.1 billion euro ($20.3 billion) record net los[...]
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China’s Lenovo posts worst revenue fall in 14 years as PC demand slumps
By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group Ltd reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand for electronics slumpe[...]
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Hermes beats forecasts on robust growth in China, U.S.
By Mimosa Spencer and Ingrid Melander PARIS (Reuters) – Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even as the rest of the luxury sect[...]
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Boeing to move historic financing arm under jet business
By Valerie Insinna and Tim Hepher WASHINGTON/PARIS (Reuters) -Boeing said on Thursday it is absorbing its decades-old aircraft-financing arm into its commercial airplanes unit as part of a push to sim[...]
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