ISLAMABAD (Reuters) -Pakistan’s foreign exchange reserves held by the central bank decreased by 16.1% to $3.09 billion in the week…
Euro zone shares hit near one-year high on hopes of rate hike pause
By Amruta Khandekar and Ankika Biswas (Reuters) – Euro zone shares hit their highest level in nearly a year on…
Harley-Davidson rides boom in leisure spending, lifting profit and shares
By Bianca Flowers and Aishwarya Nair (Reuters) -Harley-Davidson Inc reported higher-than-expected quarterly profit on Thursday as a boost in bike…
Deutsche Bank CEO won’t rule out job cuts
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank CEO Christian Sewing on Thursday refused to rule out…
Santander Brasil’s Q4 net profit slumps as loan-loss provisions bite
By Gabriel Araujo SAO PAULO (Reuters) -Banco Santander Brasil SA on Thursday reported a large fourth-quarter net profit miss as…
Renault, Nissan to present redesign of their alliance on Feb. 6 in London
PARIS (Reuters) – France’s Renault and its Japanese partner Nissan will formally unveil the agreement to reshape their alliance on…
Ferrari vows ‘even stronger’ 2023 with more new models
By Giulio Piovaccari MILAN (Reuters) – A procession of new models will continue to boost earnings at Ferrari, the Italian…
Apple set to post rare revenue drop as focus shifts to demand rebound
By Nivedita Balu and Akash Sriram (Reuters) – Apple Inc is expected to report its first decline in quarterly revenue…
Price cap on Russian refined fuels set to disrupt trade
By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including…
Merck sees sharp decline in COVID sales for 2023 after strong fourth quarter
By Michael Erman (Reuters) – Merck & Co on Thursday forecast 2023 earnings below Wall Street estimates along with an…