(Reuters) – Lyondell Basell Industries is evaluating expansion of propylene production capacity at its Channelview Complex near Houston, the chemicals…
Sri Lanka postpones debt restructuring talks, hopes for IMF deal in Dec
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka has postponed a round of debt restructuring talks initially expected to be…
German exports likely to fall 2% next year – DIHK survey
BERLIN (Reuters) -German exports are likely to fall 2% next year due to a sluggish global economy, with nearly half…
Thyssenkrupp warns of bleak outlook as recession looms
By Christoph Steitz and Tom Käckenhoff FRANKFURT/ESSEN, Germany (Reuters) -German industrial group Thyssenkrupp on Thursday warned that sales and profit…
Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers
BEIJING (Reuters) – The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a…
Kohl’s withdraws annual sales, profit forecasts
(Reuters) -Kohl’s Corp withdrew its 2022 sales and profit forecasts on Thursday, blaming an uncertain economic outlook and the departure…
Musk tells Twitter staff: Opt in for ‘intensity’ or take severance
By Hyunjoo Jin and Fanny Potkin (Reuters) -Elon Musk sent a message to Twitter Inc staff telling them they had…
UK economy forecast to shrink 1.4% in 2023
LONDON (Reuters) – Britain’s economy is forecast to shrink by 1.4% in 2023, finance minister Jeremy Hunt said on Thursday,…
Binance to relaunch bid to buy bankrupt Voyager Digital – Coindesk
(Reuters) -Crypto exchange Binance’s U.S. unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, Coindesk reported on…
Forecasts split on Bank of Israel benchmark rate rise
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to raise short-term interest rates for a sixth…