By Elena Vardon (Reuters) – Belgian chemicals company Solvay on Thursday raised its full-year free cash flow guidance on better-than-expected…
UK watchdog tells companies to reveal more about meeting shareholders
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in…
Russian rouble slides past 62 vs dollar to over 2-week low
(Reuters) – The Russian rouble hit a more than two-week low against the dollar in early trade on Thursday, as…
ING Groep launches $1.5 billion buyback despite Q3 pre-tax profit slump
AMSTERDAM (Reuters) – ING Groep NV, the largest Dutch bank, on Thursday reported a quarterly pre-tax profit of 1.38 billion…
ECB’s Panetta warns against bigger-than-expected rate hikes
FRANKFURT (Reuters) – The European Central Bank should avoid raising interest rates too fast because that could excessively hurt economic…
China’s rich provinces post slower growth than national economy on COVID curbs
BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year…
Explainer-What’s behind Hong Kong’s tightening cash conditions?
By Georgina Lee HONG KONG (Reuters) – A weak Hong Kong dollar and capital outflows have pushed the city’s interbank…
Robinhood posts smaller loss as higher rates boost margin trading business
By Mehnaz Yasmin (Reuters) -Robinhood Inc posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited…
BMW expects sales dent as inflation hits consumer buying power
By Paul Carrel and Nick Carey BERLIN (Reuters) -German premium carmaker BMW reported better than expected quarterly net profit on…
Zalando sees FY results at lower end of target range
FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…