By Simon Jessop and Kate Abnett SHARM EL-SHEIKH, Egypt (Reuters) – Finance took centre stage at the COP27 climate talks…
COP27 – World Bank’s Malpass: Half of World Bank’s climate finance is for adaptation
SHARM EL-SHEIKH (Reuters) – About half of the World Bank’s $32 billion of climate financing is for adaptation to climate…
Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering…
Deutsche Bank joins recent industry criticism of ECB
FRANKFURT (Reuters) – Deutsche Bank on Wednesday waded into the financial industry’s criticism of the European Central Bank, with the…
Iveco Group relies on strong pricing as the truckmaker lifts FY forecasts
By Giulio Piovaccari MILAN (Reuters) -Truck maker Iveco Group said on Wednesday pricing power would offset higher raw material and…
Shanghai bourse unit suffers temporary glitch in a market data system
SHANGHAI (Reuters) – A Shanghai Stock Exchange (SSE) unit said on Wednesday a market data system had resumed normal service…
Russia to give central bank more time to complete Otkritie sale
MOSCOW (Reuters) – Russia’s government has submitted a draft law to parliament that would extend the central bank’s right to…
India could trim spending for first time in 3 years – sources
By Nikunj Ohri and Aftab Ahmed NEW DELHI (Reuters) – Spending by the Indian government this fiscal year could be…
Supermarket operator Ahold hikes 2022 earnings outlook again
By Diana Mandia (Reuters) -Ahold Delhaize on Wednesday reported third quarter earnings that beat analyst estimates and raised its full…
Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer
By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gathering storm” of higher costs…