By Harish Sridharan (Reuters) – Seafarer Jhan Kharl Rodica recently returned home to Manila after an eight-month voyage and bought…
India’s Aurobindo Pharma says director arrested by Enforcement Directorate
BENGALURU (Reuters) – India’s federal financial crime agency has arrested P. Sarath Chandra Reddy, a director of Aurobindo Pharma Ltd,…
ECB to lend out more of its bonds to ease market squeeze
FRANKFURT (Reuters) – The European Central Bank has raised the amount of bonds it can lend against cash to 250…
Credit Agricole shares fall as revenues disappoint
By Silvia Aloisi and Matthieu Protard PARIS (Reuters) – Shares in Credit Agricole SA fell 5% in early Thursday trading…
Germany’s parcel industry expects fewer deliveries this Christmas
BERLIN (Reuters) – Germany’s parcel industry is expecting to deliver fewer packages to consumers during this year’s Christmas season than…
Russian rouble weakens on weaker oil
(Reuters) – The Russian rouble weakened against the U.S. dollar on Thursday on weaker oil, with analysts expecting it to…
Swiss watchdog FINMA sees increased risks for financial sector
ZURICH (Reuters) – Swiss financial watchdog FINMA sees heightened danger for the sector given great uncertainty about interest rates and…
Apple supplier Foxconn records 5% rise in Q3 profit, sees flattish Q4
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Apple Inc supplier and iPhone assembler Foxconn said on Thursday it…
Swiss bank Vontobel’s nine month outflows at $3.5 billion; to step up cost cuts
ZURICH (Reuters) – Swiss wealth and asset manager Vontobel Holding saw new money outflows of 3.4 billion Swiss francs ($3.46…
ArcelorMittal’s Q3 profit beats expectations on energy savings
BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, reported higher-than-expected third-quarter earnings on Thursday as cost cutting and energy savings offset…