By Foo Yun Chee BRUSSELS (Reuters) – The U.S. Inflation Reduction Act and soaring energy prices pose a risk to…
BASF expects majority of European job cuts to be handled via attrition
FRANKFURT (Reuters) – BASF said it expects the majority of job cuts in Europe, part of as-yet unspecified cutbacks over…
Rouble pares losses as finance ministry holds OFZ bond auctions
By Alexander Marrow MOSCOW (Reuters) – The rouble reversed early losses to edge up on Wednesday, drifting back towards the…
Bank instant payment shift to help business and consumers, says EU
By Huw Jones LONDON (Reuters) -Forcing banks across the European Union to offer instant payments in euros is a “seismic”…
U.S. carrier Alaska exercises options to buy 52 more MAX jets from Boeing
(Reuters) – Alaska Airlines will exercise options to purchase 52 more 737 MAX jets from U.S. planemaker Boeing Co as…
European stocks slip as earnings signal slowing economy
By Sruthi Shankar and Devik Jain (Reuters) -European stocks slipped on Wednesday, hit by disappointing earnings reports from Wall Street’s…
Carlsberg lifts 2022 profit outlook; shares trim losses
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Wednesday reported third-quarter sales broadly in line with expectations and lifted its profit…
Russia’s VTB Bank opens ‘vostro’ account at Indian branch
MOSCOW (Reuters) – Russia’s No.2 lender VTB on Wednesday said it had opened a special “vostro” account at its Indian…
Russia bans dealing in capital of 45 foreign-owned banks or banking units
MOSCOW (Reuters) – Russia on Wednesday banned dealings in the shares or share capital of 45 banks or banking units,…
Iberdrola profit boosted by US, Brazil, offsetting Spanish woes
By David Latona MADRID (Reuters) -Spanish utility Iberdrola posted a 29% rise in nine-month net profit on Wednesday as growth…