By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, government data…
ECB sets core capital threshold for Italy’s Intesa at 8.88% from 8.81%
MILAN (Reuters) – The European Central Bank has set the minimum threshold for Intesa Sanpaolo’s core capital at 8.88% for…
TSX futures steady as oil prices recover, Fed worries cap gains
(Reuters) – Futures for Canada’s resources-heavy main stock index rose on Thursday as oil prices recouped early losses, while a…
Deutsche Post eyes takeover of Deutsche Bahn’s Schenker – Manager Magazin
BERLIN (Reuters) – Deutsche Post subsidiary DHL is interested in buying Schenker, the logistics subsidiary of German rail operator Deutsche…
Nepal to end eight-month ban on imports of cars, phones as reserves rise
By Gopal Sharma KATHMANDU (Reuters) – Nepal will end an eight-month ban on the import of cars, expensive mobile phones…
Norway central bank hikes rate by quarter point, likely to act again
By Victoria Klesty OSLO (Reuters) – Norway’s central bank raised its benchmark interest rate by 25 basis points to a…
Eletrobras, Shell mull co-investment in Brazil offshore wind power
SAO PAULO (Reuters) – Brazilian power company Eletrobras said on Thursday it has signed a cooperation agreement with Shell as…
Brazil central bank ups 2022 GDP growth, maintains deceleration for 2023
BRASILIA (Reuters) -Brazil’s central bank improved on Thursday its projection for 2022 GDP due to a methodological revision that implied…
Barclays weighs Saudi re-entry amid capital markets boom – sources
By Pablo Mayo Cerqueiro and Hadeel Al Sayegh (Reuters) -Barclays is exploring a return to Saudi Arabia in a bid…
Holiday bookings are back at upscale restaurants – at higher prices
By Hilary Russ NEW YORK (Reuters) – Holiday parties are back at posh eateries – even with soaring menu prices.…