DAVOS (Reuters) – China’s reopening after debilitating pandemic restrictions is likely to add to global inflationary pressures as the world’s…
Hong Kong’s Cathay Pacific flags up to $893.77 million loss in 2022
(Reuters) -Cathay Pacific Airways Ltd on Friday forecast a fiscal 2022 loss between HK$6.40 billion ($817.18 million) and HK$7.00 billion,…
U.S. bond funds attract inflows for second straight week
(Reuters) – U.S. bond funds attracted money inflows for a second straight week in the seven days to Jan. 18,…
Swiss National Bank chairman says inflation ‘far too high’
By John Revill ZURICH (Reuters) -Fighting inflation and ensuring price stability is “absolutely essential”, Swiss National Bank (SNB) Chairman Thomas…
Thai AirAsia readies personnel as China travel resumes
BANGKOK (Reuters) – Budget carrier Thai AirAsia is preparing its pilots and cabin crew for the return of Chinese tourists,…
Global equity funds post second weekly inflows in a row
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on…
UK shoppers cut back on spending as inflation takes its toll
By William Schomberg LONDON (Reuters) – Inflation-pinched British consumers cut their shopping by the most in the key month of…
TUI: Luxury holiday demand boosts sales
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the…
EIB vice-president Kettel Thomsen appointed Danish central bank chief
(Reuters) – The Danish government said on Friday it has appointed European Investment Bank Vice President Christian Kettel Thomsen as…
German producer prices rose in December but at slower pace
By Maria Martinez BERLIN (Reuters) -German producer prices rose in December at a slower rate than the previous month as…