By Jake Cordell TBILISI (Reuters) – As war chokes Europe, a small nation wedged beneath Russia is enjoying an unexpected…
Spain’s clothing sales slow in October as inflation bites
MADRID (Reuters) – Clothing sales in Spain grew at this year’s slowest year-on-year pace in October and fell from the…
Puma appoints Freundt chief executive with immediate effect
BERLIN (Reuters) – Puma named Arne Freundt as chief executive with immediate effect on Tuesday, several weeks before initially announced,…
Turkish bankers fear regulatory burden will reverse profit boom
By Ebru Tuncay ISTANBUL (Reuters) – Turkish banks, now enjoying record profits, face a painful reversal of fortune next year…
Factbox-Renault unveils big overhaul in drive to boost profits
PARIS (Reuters) – French carmaker Renault on Tuesday announced a big overhaul to split its operations into five businesses, deepen…
Italy’s Target2 debt falls in October from previous month’s record high
MILAN (Reuters) – Italy’s liabilities towards other euro zone central banks fell compared with their record high in the previous…
Primark owner AB Foods warns of ‘substantial’ cost inflation
By James Davey LONDON (Reuters) -Primark owner Associated British Foods faces “substantial and volatile” input cost inflation that will hit…
Marketmind: Midterms vigil and new crypto wobble
A look at the day ahead in U.S. and global markets from Mike Dolan. Tuesday’s U.S. mid-term elections held world…
Russia’s Nabiullina: impossible to isolate from sanctions impact
MOSCOW (Reuters) -Russia’s economy and banking sector have withstood the challenge of “powerful” Western sanctions but the central bank has…
Turkey starts paying for some Russian gas in roubles
ISTANBUL (Reuters) – Turkey has started paying for some its natural gas from Russia in roubles, Turkish Energy Minister Fatih…