By Jessica DiNapoli and Richa Naidu NEW YORK (Reuters) -Activist investor Nelson Peltz, who is on the board of Unilever…
China to impose consumption tax on e-cigarettes from November
SHANGHAI (Reuters) – China’s Ministry of Finance will impose a consumption tax on e-cigarettes sold in China from Nov. 1,…
Rouble edges lower as end of tax payments period approaches
MOSCOW (Reuters) – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable…
Spanish Sept industrial prices up 35.6% on year, slowest since Dec
MADRID (Reuters) – Spanish industrial production prices rose 35.6% in the 12 months through September, down from a 42.9% increase…
U.S. oil companies’ cash flow to rise by 68% per barrel in 2022 – Deloitte
By Sabrina Valle HOUSTON (Reuters) – U.S. upstream oil companies are expected to bank 68% higher free cash flows per…
Novartis earnings slip 4% on strong dollar, Gilenya competition
By Ludwig Burger (Reuters) -Quarterly operating income at Swiss drugmaker Novartis slipped as competition weighed on prescriptions of multiple sclerosis…
Exclusive-China FX regulator surveys banks about positioning as yuan plunges – sources
SHANGHAI/BEIJING (Reuters) -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning…
Telecoms group Orange says Spain returned to growth in Q3, confirms targets
By Mathieu Rosemain PARIS (Reuters) -Orange, France’s biggest telecoms operator, said its third-quarter core operating profit edged up by 0.2%…
Norsk Hydro Q3 beats forecast, outlook more uncertain
OSLO (Reuters) -Norwegian aluminium producer Norsk Hydro posted third-quarter profits well above expectations on Tuesday as high metal prices continued…
Rising U.S. rates pose biggest risk for Japan but recession unlikely
By Kantaro Komiya TOKYO (Reuters) – The biggest risk to Japan’s economy over the next year is a prolonged period…