By Giulio Piovaccari and Nick Carey MILAN (Reuters) -Fiat, Ram and Peugeot maker Stellantis beat profit forecasts on Wednesday due…
Indian cenbank onshore, offshore intervention helps rupee outperform-traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and…
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the…
Nigeria economic growth slows as industry and oil sectors shrink
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier,…
Private credit investments surged 89% in 2022 – report
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels…
Cineworld shares dive on reports of no bidders for UK, U.S. assets
(Reuters) – Shares of Cineworld slumped as much as 22% on Wednesday after media reports said the world’s second-largest cinema…
KKR extends bid for TIM’s grid as government looks into offer
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) – KKR has extended an offer for Telecom Italia’s (TIM) prized landline…
Toronto stocks seen up 6.2% by year-end, despite ‘wall of worry’: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will add to its rally this year and hit a…
Markets bracing for ‘no landing’ world economy scenario curb risk appetite
By Naomi Rovnick and Davide Barbuscia LONDON/NEW YORK (Reuters) – Markets, bracing for a “no landing” scenario where global economic…
Bullard calls on Fed to get inflation under control this year
(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this…