By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles,…
Barcelona bans grocery delivery companies’ ‘dark stores’
By Joan Faus BARCELONA (Reuters) – Barcelona’s city hall on Friday approved a total ban on so-called “dark stores” –…
Spirits maker Remy Cointreau sees weak U.S. demand deep into 2023
By Dagmarah Mackos (Reuters) -Remy Cointreau said on Friday it expected U.S. demand for cognac to weaken well into 2023, after…
Prada appoints former Luxottica chief Guerra as new CEO
MILAN (Reuters) – Italian fashion group Prada said on Friday it appointed former Luxottica chief Andrea Guerra as its new…
Pakistani rupee fall slows as PM Sharif hopes for IMF funds
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee’s two-day decline slowed on Friday on news that…
Japan, Netherlands to join U.S. in restricting chip equipment exports to China-Bloomberg
TOKYO (Reuters) -Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing…
Fashion retailer H&M’s profits tumble as costs bite
By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) -Fashion retailer H&M’s profits were almost wiped out in the September-November quarter…
Global equity funds attract inflows for third week in a row
(Reuters) – Global equity funds received inflows for a third straight week in the week to Jan. 25 as easing…
Exclusive-JPMorgan looking to finance Italy’s Serie A for up to 1 billion euros -sources
By Elvira Pollina MILAN (Reuters) – JPMorgan Chase & Co has written to Italy’s top soccer league to express a…
Exclusive-India may peg gross borrowing under 16 trillion rupees in 2023/24 – sources
By Shubham Batra and Nikunj Ohri New Delhi (Reuters) – India’s federal government is likely to keep its gross market…