SYDNEY (Reuters) – Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean…
Airbus urges suppliers to carry extra stocks amid output snags
By Valerie Insinna SEATTLE (Reuters) – Airbus laid down the law to its stretched supply chain on Wednesday, with a…
Airbus may appoint interim CFO as Asam prepares to step down
PARIS (Reuters) – Airbus is drawing up a stop-gap succession for the role of chief financial officer after struggling to…
Dominant Russian lender Sberbank’s profits rise 9.8% y/y in Jan
By Alexander Marrow MOSCOW (Reuters) – Russia’s largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year…
Some European firms may reverse last year’s big price hikes
By Joice Alves and Padraic Halpin LONDON (Reuters) -Some companies in Europe have said they may unwind price hikes introduced…
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal…
Marketmind: Bar-duh
A look at the day ahead in European and global markets from Wayne Cole. Surely the most fun story today,…
Love & money: Four ways to avoid financial infidelity
By Chris Taylor NEW YORK (Reuters) – Sorry to break it to you, but your romantic partner may be sharing…
Chinese state media, AI companies warn of risks in ChatGPT stock frenzy
SHANGHAI (Reuters) -Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI)…
South Korea’s think tank warns of steeper economic slowdown in H1
SEOUL (Reuters) – The rising cost of living is likely to hurt South Korea’s economy much more significantly in the…