(Reuters) – Bob Iger is returning as Walt Disney Co’s chief executive officer in a bid to restore confidence in…
India’s HDFC Bank, Canara Bank get approval for rupee trade with Russia – report
BENGALURU (Reuters) – India’s central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro…
Czech central bank’s Mora prefers using rates rather than FX interventions-Seznam Zpravy
PRAGUE (Reuters) – Czech central bank Vice-Governor Marek Mora said on Monday he would favour using interest rates as the…
Nestle’s Nespresso to sell paper-based compostable coffee pods
ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss…
Merck KGaA in push to become twice as productive in drug development
FRANKFURT (Reuters) – Germany’s Merck KGaA on Monday said it aims to double the productivity of its research and development…
France aims to curb jobless benefits with link to job market strength
By Caroline Pailliez PARIS (Reuters) – The French government plans to rein in unemployment benefits when the jobless rate is…
Deutsche Bank sees U.S. leveraged loan defaults near record highs in 2024
By Chiara Elisei (Reuters) -Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while…
Macron hosts European CEOs to counter US move temptation
PARIS (Reuters) – French President Emmanuel Macron on Monday will host a dinner with a number of European chief executives…
Greek economy to grow by 1.8% in 2023, rebound hurt by energy crisis
ATHENS (Reuters) -Greece’s economy should grow by 1.8% next year, at a slower pace than initially expected, as soaring energy…
COVID in China sets sterling for biggest daily fall in two weeks
By Joice Alves LONDON (Reuters) – Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was…