ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generics unit Novartis…
Marketmind: Up, up and away
A look at the day ahead in European and global markets from Anshuman Daga Asian shares edged up from their…
Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and…
A.P. Moller Capital plans $750 million infrastructure deals in South, Southeast Asia
By Anshuman Daga SINGAPORE (Reuters) – A.P. Moller Capital, the asset management unit of Danish transportation and logistics giant A.P.…
U.S. IPO pick-up offers hope of market re-open
(This Feb. 17 story has been corrected to fix SoftBank Group’s Reuters Instrument Code in paragraph 4.) By Echo Wang…
China’s mortgage rate cuts spur prepayment rush, threaten bank earnings
By Ziyi Tang, Liangping Gao and Ryan Woo BEIJING (Reuters) -China has been cutting mortgage rates since last year to…
UK property asking prices show weakest February gain on record: Rightmove
By Suban Abdulla LONDON (Reuters) – Average asking prices for British residential property rose by just 14 pounds ($17) in…
Marketmind: China to keep calm on rates
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Three central bank…
Airbus’ defence arm says Berlin delaying exports worth billions
By Sabine Siebold MUNICH (Reuters) – Slow German government export approvals are holding up Airbus Defence & Space defence exports…
Ukraine war expected to cost Germany 160 billion euros by year-end
BERLIN (Reuters) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some…