FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…
Russia services sector shrinks in Oct as employment falls -PMI
MOSCOW (Reuters) – Russia’s service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well…
Marketmind: One central bank drama after another
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell…
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by…
Uber whistleblower says current business model ‘absolutely’ unsustainable
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing…
Strong exports likely boosted Indonesia’s economy in Q3 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy grew at its fastest pace in over a year last quarter, buoyed…
U.S. cautioned Germany against a Chinese controlling stake in Hamburg port
By Humeyra Pamuk MUNSTER, Germany (Reuters) -The United States cautioned Germany against allowing China to obtain a controlling stake in…
L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times report from…
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central…
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively…