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…
Hong Kong bets on summit to herald its comeback as financial hub
By Scott Murdoch, Kane Wu and Selena Li HONG KONG (Reuters) – Hong Kong aims to restore its reputation as…
Euro zone October inflation surges amid growth slowdown
By Jan Strupczewski and Balazs Koranyi BRUSSELS (Reuters) -Euro zone inflation surged more than expected in October, data showed on…
Fresenius cuts profit guidance again on slower recovery, rising costs
By Ludwig Burger and Riham Alkousaa (Reuters) – German healthcare group Fresenius has cut its 2022 guidance for the second…
Italy’s Campari builds up bourbon business with $600 million Kentucky deal
MILAN (Reuters) -Italian spirits group Campari said on Monday it had reached an agreement to buy an initial 70% stake…
Sanctions and Russian exodus drive demand for jet fuel in Central Asia
MOSCOW (Reuters) – Central Asian demand for jet fuel is soaring as the region has become a key air traffic…