(Reuters) – Global equity funds registered net outflows for the first time in three weeks in the week to Nov.…
Mercedes-Benz works council asks for record bonus for employees
FRANKFURT (Reuters) – The Mercedes-Benz works council expects the German car manufacturer to dole out a record-high bonus to its…
IMF announces start of new policy discussions with Ukraine
KYIV (Reuters) – The International Monetary Fund said it was starting “policy discussions” with Ukraine on Friday, building on meetings…
Germany faces 10 billion euro rise in interest costs – committee document
BERLIN (Reuters) – The rising cost of borrowing and high inflation mean Germany’s federal government faces some 10 billion euros…
Daimler Truck warns supply chain troubles not over as Q3 unit sales jump
By Victoria Waldersee BERLIN (Reuters) -Daimler Truck reported a 27% jump in third-quarter unit sales to nearly 135,000 on Friday…
Richemont stock soars as jewellery business sparkles
By John Revill and Mimosa Spencer ZURICH (Reuters) -Luxury goods group Richemont’s shares soared as much as 21% in early…
BoE’s Bailey says efforts to curb inflation likely to take 18 months to 2 years
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Friday that efforts to bring inflation under control were…
Czech central bank not in FX market since last meeting, Dedek says
PRAGUE (Reuters) – The Czech National Bank has not been present in currency markets to defend the crown since its…
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) – Apple supplier Foxconn plans to quadruple the workforce at its…
Rouble firms towards 60 vs dollar amid jump in oil prices
(Reuters) – The rouble firmed to a five-week high of near 60 versus the dollar in early trade on Friday,…