(Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as its value-oriented offerings at KFC…
Asian equities receive meagre inflows in October amid recession worries
By Gaurav Dogra (Reuters) – Asian equities saw meagre inflows in October after massive selling in the previous month, and…
AMD shares rise as chipmaker sees data center strength cushioning PC slowdown
(Reuters) – Chipmaker Advanced Micro Devices Inc snatched more share in the lucrative data center market from rival Intel Corp…
Hong Kong, struggling to revive hub status, sells ‘China advantage’ to global banks
By Selena Li, Kane Wu and Xie Yu HONG KONG (Reuters) – Hong Kong and Chinese officials on Wednesday touted…
COVID, Ukraine war cost German economy 420 billion euros – study
BERLIN (Reuters) – The COVID-19 pandemic and the war in Ukraine collectively cost the German economy 420 billion euros ($415.38…
Moody’s cuts outlook for European banks, including Germany’s, on credit woes
By Tom Sims FRANKFURT (Reuters) -Global credit ratings agency Moody’s downgraded its outlook for banks in Germany, Italy and four…
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will…
IMF, Niger reach staff-level agreement on $51 million loan
NIAMEY (Reuters) – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a second programme review…
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that…
Microsoft’s president warns of talent shortage for tackling climate change
By Jeffrey Dastin (Reuters) – Thousands of businesses will fail to meet pledges to combat climate change unless they start…