By Lewis Krauskopf NEW YORK (Reuters) -U.S. stocks that took a beating last year are surging in the early weeks…
BMW meets 2022 pretax earnings target -Focus magazine citing CFO
BERLIN (Reuters) – BMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money…
Exclusive-SoftBank’s Arm China lays off workers as outlook grim -sources
By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters) -SoftBank Group Corp’s chip technology firm Arm Ltd’s…
Meta delays setting team budgets as Facebook parent plans fresh round of layoffs -FT
(Reuters) – Facebook parent Meta Platforms Inc has delayed finalizing the budgets of multiple teams as it prepares a fresh…
Colombian airline Viva Air weighs local restructuring process
BOGOTA (Reuters) – Low-cost Colombian airline Viva Air has voluntarily started a local debt restructuring process, the company said late…
ECB must avoid unnecessary rise in real interest rates – Visco
ROME (Reuters) -The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private…
Nestle to pay ex manager $2.2 million over bullying case – Tages-Anzeiger
ZURICH (Reuters) – Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court…
Crucial $1.1 billion IMF deal eludes Pakistan for now; talks continue
By Ariba Shahid KARACHI (Reuters) – Pakistan and the International Monetary Fund are to resume talks online next week they…
G20 exploring cryptocurrency regulation, India’s finance minister says
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate…
China tightens requirements on classifying banks’ asset risks
SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a…