By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group SEB beat fourth-quarter net profit forecasts on Thursday on higher interest income…
Turkish central bank to provide support to firms that convert forex from abroad
ISTANBUL (Reuters) -Turkey’s central bank said on Thursday it would provide foreign exchange conversion support to companies that bring in…
Norway’s DNB bank told to replace ‘ineligible’ capital
By Huw Jones LONDON (Reuters) -Norwegian bank DNB is holding ineligible bonds in one of its main capital buffers and…
U.S. GDP grows in fourth quarter; weekly jobless claims fall
NEW YORK (Reuters) – The U.S. economy kept up a strong pace of growth in the fourth quarter, but momentum…
Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia
By Anne Kauranen HELSINKI (Reuters) – Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally…
Wizz Air sees strong summer, but more wary than rivals
By Sarah Young LONDON (Reuters) -Wizz Air is upbeat on summer demand for travel but more cautious than its competitors,…
U.S. core capital goods orders fall in December
WASHINGTON (Reuters) – New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month,…
Tanqueray gin maker Diageo’s U.S. sales lose fizz, shares slide
By Richa Naidu LONDON (Reuters) – Diageo, the world’s largest spirits maker, signalled on Thursday that robust demand for its…
Chipotle to hire 15,000 workers across North America
(Reuters) – Burrito chain Chipotle Mexican Grill Inc said on Thursday it was looking to hire 15,000 new full and…
Bank of Canada’s Q3 loss spurs government to fix central bank equity problem
By Fergal Smith TORONTO (Reuters) – After the Bank of Canada posted its first ever quarterly loss, the federal government…