FRANKFURT (Reuters) – Reinsurance company Swiss Re said on Friday that net profit for 2022 fell 67% as it faced…
Thai Q4 GDP unexpectedly falls, 2023 outlook trimmed
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy unexpectedly contracted in the final quarter of 2022 as…
Japan consumer inflation rate seen accelerating to over 41-year high: Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices likely accelerated to a more than 41-year high in January,…
Analysis-European firms strike high-stakes bond deals as interest rates rise
By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – European firms are selling debt that can be converted into…
Russians switch to used cars as sanctions pummel auto sector
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – Spending on new cars in Russia more than halved last year…
How sanctions complicated day-to-day banking for Russians
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Financial sanctions against Russia have strangled its banks’ profits and wrecked…
U.S. senator seeks ‘full accounting’ of Southwest Airlines meltdown refunds
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Commerce Committee chair Maria Cantwell on Thursday asked Southwest Airlines to provide a…
VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance,…
Marketmind: When doves cry
A look at the day ahead in European and global markets from Ankur Banerjee Investors are feeling the heat as…
Musk shuts two Twitter India offices, Bloomberg News reports
(Reuters) – Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people…