By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 9.6% against the dollar on Thursday, central…
China’s open borders and push to stoke economy may revive dealmaking, advisers say
By Scott Murdoch, Yantoultra Ngui and Roxanne Liu SYDNEY/SINGAPORE (Reuters) – China’s reopened borders and renewed focus on boosting the…
IMF mission to visit Pakistan this month to discuss stalled bailout programme
By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -An International Monetary Fund mission will visit Pakistan later this month to discuss…
Mastercard warns of slower revenue growth as travel growth plateaus
By Niket Nishant (Reuters) -Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost…
GAM expects a net loss of around $336 million for 2022
ZURICH (Reuters) -GAM expects to report a net loss after tax of approximately 309.9 million Swiss francs ($335.83 million) for…
Atlas Copco profit misses forecast as vacuum business tumbles
By Marie Mannes STOCKHOLM (Reuters) -Swedish industrials group Atlas Copco reported softer-than-expected fourth-quarter profits on Thursday and said demand was…
Italy, EU close to deal to revive GACS bad loan scheme, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is close to clinching a deal with European Union competition…
U.S. new home sales post third straight monthly gain
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased for a third straight month in December as mortgage rates…
Mobileye expects smooth ride in 2023 as customers lap up autonomous tech
(Reuters) -Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts’ projections and delivered better-than-expected earnings in the fourth quarter,…
German wholesales growth to halve in 2023 – trade association BGA
BERLIN (Reuters) – German wholesalers can expect sales growth to halve in 2023 after a jump last year fuelled by…