(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by…
ASOS pins hopes on cost savings after Christmas sales slide
By Sarah Young LONDON (Reuters) -Online fashion retailer ASOS said 300 million pounds ($365 million) of cost savings would help…
Tesco braces for post-Christmas hangover with more deals
By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco said it would focus on offering customers better value deals in…
Germany should diversify its trade partners, economic adviser says
BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the…
India’s coal imports directive to power plants a precautionary step – official
NEW DELHI (Reuters) – India’s recent coal imports directive to power plants was a precautionary measure as the country is…
Disney, activist investor Peltz gird for fight over board seat
By Svea Herbst-Bayliss, Uday Sampath Kumar and Yuvraj Malik NEW YORK (Reuters) -Walt Disney Co and billionaire Nelson Peltz are…
China expects annual production capacity of C919 planes to reach 150 in 5 years
BEIJING (Reuters) -China expects to reach annual production capacity of 150 domestically-produced C919 planes in five years, government-backed media The…
Swiss Six exchange opens probe into Clariant whistleblower case
BERLIN (Reuters) – Switzerland’s Six stock exchange on Thursday opened an investigation into Clariant over the possible disclosure of price-sensitive…
Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales…
Tesco boss says inflation may not have peaked ‘just yet’
LONDON (Reuters) -The chief executive of British retailer Tesco, Ken Murphy, said on Thursday that inflation may have not peaked…