By Johann M Cherian and Sruthi Shankar (Reuters) -Britain’s FTSE 100 closed at a fresh five-week high on Monday as…
Insurer Ascot pauses writing new cover for Ukrainian shipments
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Ascot is suspending writing cover for new shipments…
Cineworld reaches bankruptcy settlement with landlords, lenders
By Dietrich Knauth (Reuters) – Movie theater chain Cineworld Group on Monday announced a bankruptcy settlement with its landlords and…
JPMorgan expects banks to repay 500-700 billion euros of ECB TLTRO loans in Nov
LONDON (Reuters) – Analysts at investment bank JPMorgan have estimated that banks will repay between 500 and 700 billion euros…
World wine output dips slightly after year of torrid weather
PARIS (Reuters) – World wine production in 2022 is expected to dip slightly below last year’s level, with a better…
Gap says Russia deliveries stopped in March. But its clothing kept coming
By Siddharth Cavale, Steve Stecklow and David Gauthier-Villars NEW YORK/LONDON/ISTANBUL (Reuters) -In March, clothing retailer Gap Inc joined numerous Western…
Italy gets GDP boost as govt pledges action against inflation
By Gavin Jones and Giuseppe Fonte ROME (Reuters) -Italy’s economy performed unexpectedly well in the third quarter, data showed on…
Saudi Arabia approves dual listing of Pizza Hut, KFC franchisee
DUBAI (Reuters) – Saudi Arabia’s market regulator said on Monday it had approved a concurrent and dual listing of Americana…
Twitter to lay off 25% of workforce in first round of job cuts – Washington Post
(Reuters) – Twitter, which was acquired last week by billionaire Elon Musk, plans to let go of a quarter of…
Ghana president says IMF talks will not lead to a debt haircut
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) -Ghanaian President Nana Akufo-Addo on Sunday said talks with the International Monetary…