By Choonsik Yoo and Yena Park SEOUL (Reuters) -South Korea’s plans to loosen restrictions in its currency market will raise…
Unilever expects Chinese ‘consumption boom’ in wake of lockdowns
By Richa Naidu LONDON (Reuters) – Unilever said on Thursday it expects a “consumption boom” in China as lockdowns ease,…
BAT slips on buyback disappointment, sees Russia exit this year
By Sinchita Mitra and Muhammed Husain (Reuters) – British American Tobacco forecast a small rise in 2023 earnings on Thursday…
Siemens stock takes off on guidance upgrade, earnings beat
By John Revill ZURICH (Reuters) – Siemens shares surged on Thursday after the engineering company upped its full year sales…
S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike
By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign…
Berkshire Hathaway sells $138.9 million of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares…
Bayer hits 8-month high as investors welcome CEO change
BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to…
Siemens investors push for simpler group structure to unlock value
ZURICH (Reuters) – Siemens shareholders have called on the engineering company to simplify its structure by selling its stake in…
BNY Mellon says investors ‘absolutely interested’ in digital assets
(This Feb. 8 story has been corrected to fix Michael Demissie’s job title in paragraph 1) By Samuel Indyk LONDON…
U.S. Treasury’s Yellen still hopes to visit China but no time set
By David Lawder and Kanishka Singh SPRING HILL, Tenn./ WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday…