By Joseph White DETROIT (Reuters) – The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault…
Earnings optimism helps European shares snap two-day dip
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares rose on Thursday as upbeat results eased some worries about…
Pakistani rupee plummets as markets adjust to removal of unofficial controls
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 9.6% against the dollar on Thursday, central…
China’s open borders and push to stoke economy may revive dealmaking, advisers say
By Scott Murdoch, Yantoultra Ngui and Roxanne Liu SYDNEY/SINGAPORE (Reuters) – China’s reopened borders and renewed focus on boosting the…
IMF mission to visit Pakistan this month to discuss stalled bailout programme
By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -An International Monetary Fund mission will visit Pakistan later this month to discuss…
GAM expects a net loss of around $336 million for 2022
ZURICH (Reuters) -GAM expects to report a net loss after tax of approximately 309.9 million Swiss francs ($335.83 million) for…
Atlas Copco profit misses forecast as vacuum business tumbles
By Marie Mannes STOCKHOLM (Reuters) -Swedish industrials group Atlas Copco reported softer-than-expected fourth-quarter profits on Thursday and said demand was…
Italy, EU close to deal to revive GACS bad loan scheme, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is close to clinching a deal with European Union competition…
U.S. new home sales post third straight monthly gain
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased for a third straight month in December as mortgage rates…
German wholesales growth to halve in 2023 – trade association BGA
BERLIN (Reuters) – German wholesalers can expect sales growth to halve in 2023 after a jump last year fuelled by…