By Chibuike Oguh NEW YORK (Reuters) -Apollo Global Management Inc reported a 6% year-on-year increase in its third-quarter net income…
Ukraine conflict, sanctions set to blow hole in Russia’s finances
By Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow…
China vows commitment to growth as investors bet on easier COVID policy
HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
Data provider Alation valued at $1.7 billion after Thoma Bravo-backed fundraise
(Reuters) – Alation Inc raised $123 million in a late-stage funding round backed by private equity firm Thoma Bravo that…
U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after…
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) – The global chip industry is bracing for a downturn by reining in on investments for the year, in…
S&P cuts Credit Suisse Group rating to one step above junk status
ZURICH (Reuters) – S&P Global Ratings has downgraded Credit Suisse Group’s long-term credit rating to one step above junk bond…
IMF backs Latam progressive taxes, fiscal discipline
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund will continue to be supportive of progressive tax reforms…
Logistics startup Flexport plans hiring spree, to double engineers in 2023
By Krystal Hu (Reuters) – Flexport, one of the most valuable logistics startups, is looking to add about 400 engineers…
Sodexo sees demand for catering and vouchers lifting margins
By Diana Mandia (Reuters) -Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies…