BRUSSELS (Reuters) – ArcelorMittal, the world’s second-largest steelmaker, on Thursday said it expects its steel shipments to increase by around…
S. Korea fines German automakers for colluding to curb emissions-cleaning technology
By Hyunsu Yim SEOUL (Reuters) -South Korea’s anti-trust regulator said on Thursday it would impose a combined fine of 42.3…
Bullish bets on Asian FX ease as Fed rate-hike concerns weigh: Reuters poll
By Himanshi Akhand (Reuters) – Bullish bets on most Asian currencies eased as strong U.S. economic data recently gave the…
German EU-harmonised January consumer prices rise 9.2% y/y
By Maria Martinez BERLIN (Reuters) – German consumer prices, harmonised to compare with other European Union countries, rose by a…
Fortescue Metals preparing to cut up to 1,000 jobs – The Australian
SYDNEY (Reuters) – Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean…
Airbus urges suppliers to carry extra stocks amid output snags
By Valerie Insinna SEATTLE (Reuters) – Airbus laid down the law to its stretched supply chain on Wednesday, with a…
Airbus may appoint interim CFO as Asam prepares to step down
PARIS (Reuters) – Airbus is drawing up a stop-gap succession for the role of chief financial officer after struggling to…
Dominant Russian lender Sberbank’s profits rise 9.8% y/y in Jan
By Alexander Marrow MOSCOW (Reuters) – Russia’s largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year…
Some European firms may reverse last year’s big price hikes
By Joice Alves and Padraic Halpin LONDON (Reuters) -Some companies in Europe have said they may unwind price hikes introduced…
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal…