FRANKFURT (Reuters) – Germany’s Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months,…
Holiday Inn owner IHG names company insider as CFO
(Reuters) -Holiday Inn owner IHG has named Michael Glover, the finance chief of its Americas division and group head of…
Russia sees fixed capital investment growth in 2022 – state media
(Reuters) – Russia expects investment in fixed capital to have grown in 2022, economy minister Maxim Reshetnikov was cited by…
Lufthansa raises 2022 profit forecast, shares rise
(Reuters) – Lufthansa expects to achieve adjusted earnings before interest and taxes (EBIT) of around 1.5 billion euros ($1.58 billion)…
Deutsche Bank: Claims in Postbank case remain unfounded
FRANKFURT (Reuters) – Deutsche Bank said on Tuesday that claims in a years-long litigation over its takeover of Postbank remain…
2023 to be most promising for bonds in over a decade-Goldman AM
LONDON (Reuters) – The year ahead is shaping up as the most promising for fixed income in over a decade,…
Berkshire Hathaway sells $34.4 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares…
Hit by COVID wave, companies in China strain to keep operations running normally
By Joe Cash, Ellen Zhang and Sophie Yu BEIJING (Reuters) – From e-commerce giant JD.com to cosmetics brand Sephora, companies…
Italy October industry output falls more than expected for second month running
ROME, Dec 13 (Reuters) – Italian industrial output fell more than expected in October after plunging the month before, data…
UK jobless rate rises again but pay growth keeps Bank of England on edge
By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s jobless rate rose for a second month and there were…