By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) – The Reserve Bank of India hiked its key repo rate by…
Pick n Pay sales grow but warns on extra costs from power cuts
JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like…
Japan’s Subaru cuts annual output target as chip shortage drags on
TOKYO (Reuters) – Japan’s Subaru Corp slashed its annual output target by nearly 10% on Wednesday amid ongoing fallout from…
TotalEnergies net profits double to record $36.2 billion in 2022
PARIS (Reuters) -French oil major TotalEnergies posted a record net profit of $36.2 billion in 2022, double the previous year,…
Shoppers to face fresh price hikes as stores, suppliers pass on costs
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they…
Fitch raises China’s growth forecast to 5% for 2023
(Reuters) – Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0% from 4.1% previously…
Microsoft calls for ‘coalition’ to improve Congo’s informal cobalt mines
CAPE TOWN (Reuters) – Microsoft visited an artisanal cobalt mine in Democratic Republic of Congo in December as part of…
Nine global banks invest $45 million in carbon credit platform
LONDON (Reuters) – Nine global banks have invested a total of $45 million in a new platform to help scale…
Column-Low visibility, low volatility make strange pairing :Mike Dolan
By Mike Dolan LONDON (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with…
Japan PM says global communication skills key for new BOJ head pick
By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said the new central bank governor must have strong…