By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday,…
Orange expects to reap rewards of network investments by 2025
By Mathieu Rosemain PARIS (Reuters) -Orange on Thursday said it expects to bolster cash flows and increase shareholder returns by…
Air India has options to buy 370 more jets after mammoth order-exec
BENGALURU (Reuters) – Air India has options and purchase rights to buy 370 more aircraft from Airbus and Boeing over…
Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges, shares surge
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12%…
Upper Crust-owner SSP Group’s sales rise above pre-pandemic levels
(Corrects paragraph 1 to say sales in the period were at 103% of pre-pandemic levels, not rose 103%; changes headline…
Sri Lanka hikes power prices by 66% hoping to gain IMF support
COLOMBO (Reuters) -Sri Lanka raised electricity prices by 66% on Thursday, in a move the government hopes will persuade the…
Amazon grants 1.5 million euros to Dutch seaweed farm project
AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially…
TPG in talks to buy $300 million Malaysian education assets from KV Asia -sources
By Yantoultra Ngui and Anshuman Daga SINGAPORE (Reuters) – U.S. private equity firm TPG is in advanced talks to buy…
Most Asian bonds see foreign inflows in Jan on hopes of rate-hike pause
(Reuters) – Most Asian bonds witnessed foreign inflows in January, driven by hopes that the U.S. Federal Reserve would slow…
PayPal tells Australia it supports buy-now-pay-later regulation
By Byron Kaye SYDNEY (Reuters) – Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law,…