MOSCOW (Reuters) – Belarusian furniture company Swed House, which sells items intended to look like those made by Swedish giant IKEA, opened its first store in Moscow on Saturday to a mixed init[...]
Read moreApril 17, 2023
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise te[...]
Read moreRecruiter PageGroup sees 29% slump in annual profit on tough market conditions
(Reuters) -PageGroup on Monday became the latest recruiter to warn of tough conditions in the labour market as it forecast a near 29% slump in 2023 profit, partly hit by weakness in the technology and[...]
Read moreSAS will not use second tranche of $700 million Apollo loan
COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected developm[...]
Read moreFactbox-Tesla’s Shanghai plant, targeted by worker protest, is key hub for EV maker
(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over the weekend tha[...]
Read moreAnalysis-Central banks have yet to script final act of inflation fight as risks rise
By Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame remains far[...]
Read moreAustralia nears wide-ranging shake up of its central bank
SYDNEY (Reuters) – Australia’s Treasurer on Monday said he was close to announcing details of a wide-ranging review into the country’s central bank which would require legal changes[...]
Read moreEuropean stocks: A global investor’s new best friends
By Dhara Ranasinghe, Samuel Indyk and Alun John LONDON (Reuters) -European equity markets are basking in a glow that even greater uncertainty unleashed by turmoil in the banking sector appears not to[...]
Read moreMarketmind: Markets hope China chooses to surprise on the upside
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a careful start to the week in Asia with stocks and bonds little changed and the dollar holdin[...]
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