BENGALURU – Westlife Foodworld Ltd, which owns the franchise for McDonald’s Corp in west and south India, reported a bigger-than-expected…
Swedish central bank calls on banks to restrict dividends as risks rise
STOCKHOLM (Reuters) – High inflation and the war in Ukraine have increased risks in Sweden’s financial system and banks should…
Hungary’s government imposes price caps on eggs and potatoes -PM’s chief of staff
BUDAPEST (Reuters) – Hungary’ government imposed price caps on eggs and potatoes, Prime Minister Viktor Orban’s chief of staff Gergely…
ITV sees lower ad revenue despite World Cup, ‘I’m a Celebrity’ boosts
By Sarah Young LONDON (Reuters) -British broadcaster ITV forecast slightly lower ad revenue for 2022 after a weaker-than-expected third quarter,…
Show us the money: Developing world at COP27 seeks climate finance details
By Simon Jessop and Kate Abnett SHARM EL-SHEIKH, Egypt (Reuters) – Finance took centre stage at the COP27 climate talks…
Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering…
Deutsche Bank joins recent industry criticism of ECB
FRANKFURT (Reuters) – Deutsche Bank on Wednesday waded into the financial industry’s criticism of the European Central Bank, with the…
Iveco Group relies on strong pricing as the truckmaker lifts FY forecasts
By Giulio Piovaccari MILAN (Reuters) -Truck maker Iveco Group said on Wednesday pricing power would offset higher raw material and…
Shanghai bourse unit suffers temporary glitch in a market data system
SHANGHAI (Reuters) – A Shanghai Stock Exchange (SSE) unit said on Wednesday a market data system had resumed normal service…
Russia to give central bank more time to complete Otkritie sale
MOSCOW (Reuters) – Russia’s government has submitted a draft law to parliament that would extend the central bank’s right to…