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Factbox-Companies sell their businesses in Russia

BY Reuters  • August 25, 2023August 25, 2023
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond[...]
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Africa Asia Business Canada Economy Europe Top News UK Updated US

Dollar bounces from 15-month low on strong core U.S. retail sales

BY Reuters  • July 18, 2023July 18, 2023
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on t[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Long-feared corporate debt woes start to hit home

BY Reuters  • July 18, 2023July 18, 2023
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resili[...]
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Business Economy Environment Europe Politics UK Updated US

Blackstone to invest $150 million in London-based hedge fund Astaris

BY Reuters  • July 18, 2023July 18, 2023
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group LP is to invest $150 million in London-based Astaris Capital Management which will be split between the firm’s existing hedge f[...]
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Business Economy Europe UK US

Marketmind: Retail, housing and banks test jaunty July

BY Reuters  • July 18, 2023July 18, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while the corporate earning[...]
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Asia Business Economy Europe Politics UK US

Ocado jumps on return to first-half underlying profit

BY Reuters  • July 18, 2023July 18, 2023
By James Davey LONDON (Reuters) -Ocado, the British online supermarket and technology group, returned to underlying profit in its first half and stuck to its guidance, saying its retail operation won[...]
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Business Economy Europe UK Updated

Factbox-Corporate debt woes are on the rise

BY Reuters  • July 18, 2023July 18, 2023
LONDON (Reuters) – From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates. Here’s a snapshot of some European companies[...]
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Business Economy Europe UK

Marketmind: China worries keep investors jittery

BY Reuters  • July 18, 2023July 18, 2023
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s raft of unimpressive data and with the economic calendar now light, worries over[...]
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Business Economy Europe UK

Microsoft in talks to extend deal contract with Activision -source

BY Reuters  • July 17, 2023July 18, 2023
By Anirban Sen NEW YORK (Reuters) -Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the partie[...]
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Business Economy Europe Technology Top News UK Updated US
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