By Iain Withers and Lawrence White LONDON (Reuters) – Britain’s Lloyds Banking Group signalled that falling house prices, competition on…
Danone eyes better margins in 2023, Q4 sales top estimates
By Dominique Vidalon PARIS (Reuters) -French food group Danone said on Wednesday it expected better margins this year after soaring…
Stellantis sees car price pressure ahead as profit beats forecasts
By Giulio Piovaccari and Nick Carey MILAN (Reuters) -Fiat, Ram and Peugeot maker Stellantis beat profit forecasts on Wednesday due…
T.J. Maxx parent sees weak annual profit pressured by rising costs
By Aatrayee Chatterjee and Ananya Mariam Rajesh (Reuters) -TJX Cos Inc forecast annual profit below analysts’ expectations on Wednesday, as…
Indian cenbank onshore, offshore intervention helps rupee outperform-traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and…
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the…
Nigeria economic growth slows as industry and oil sectors shrink
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier,…
Private credit investments surged 89% in 2022 – report
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels…
Cineworld shares dive on reports of no bidders for UK, U.S. assets
(Reuters) – Shares of Cineworld slumped as much as 22% on Wednesday after media reports said the world’s second-largest cinema…
KKR extends bid for TIM’s grid as government looks into offer
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) – KKR has extended an offer for Telecom Italia’s (TIM) prized landline…