FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…
Factbox-North Asia gears up for peak winter energy demand season
(Reuters) – Key North Asian economies are stockpiling fuel, diversifying sources and conserving power to ensure adequate supplies for winter,…
Russia services sector shrinks in Oct as employment falls -PMI
MOSCOW (Reuters) – Russia’s service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well…
Marketmind: One central bank drama after another
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell…
Hong Kong raises rates after Fed, flags more increases in borrowing costs
By Donny Kwok and Clare Jim HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base…
Nissan stops taking orders of Sakura EV, X-Trail in Japan
TOKYO (Reuters) – Nissan Motor Co has temporarily stopped taking new orders of its recently unveiled light electric vehicles (EVs)…
DBS profit soars to record, flags risks of rising rates to growth
By Anshuman Daga SINGAPORE (Reuters) -DBS Group reported a forecast-beating 32% jump in quarterly profit to a record high as…
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises have more…
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by…
Uber whistleblower says current business model ‘absolutely’ unsustainable
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing…