HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) raised its base rate charged through the overnight discount window by…
Goldman Sachs raises emerging markets equities forecast
(Reuters) – Goldman Sachs on Thursday revised its forecast for emerging market equities upwards as it sees the developing world…
Kevin Binder to become CFO of Daimler Greater China Ltd
BERLIN (Reuters) – Mercedes-Benz Group said on Thursday that Kevin Binder, currently head of Finance & Controlling Mercedes-Benz Vans, will…
Trump’s Scottish golf courses recorded more losses in 2021
LONDON (Reuters) – Former U.S. President Donald Trump’s two Scottish golf courses lost 4.4 million pounds ($5.44 million) in 2021,…
Materials shortages decrease at German manufacturers – Ifo
BERLIN (Reuters) – Materials shortages have decreased in Germany’s manufacturing sector, a survey by the Ifo economic institute published on…
ABB sees demand ‘normalising’ in 2023 after stock build-ups
By John Revill ZURICH (Reuters) – Swiss engineering company ABB expects demand for its products to “normalise” during 2023, it…
Telenor Q4 profit beats forecast, dividend lags expectations
OSLO (Reuters) – Norwegian telecoms operator Telenor on Thursday reported fourth-quarter earnings slightly above expectations and said forecast continued growth…
McCarthy: We can find ‘common ground’ with Biden over U.S. debt ceiling
By Trevor Hunnicutt and Jeff Mason WASHINGTON (Reuters) -President Joe Biden and Republican House Speaker Kevin McCarthy held initial talks…
BOJ’s deputy governor warns against watering down inflation target
By Leika Kihara SHIZUOKA, Japan (Reuters) -Bank of Japan (BOJ) Deputy Governor Masazumi Wakatabe on Thursday warned against watering down…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…