(Reuters) -Bankrupt cryptocurrency exchange FTX is seeking to indemnify unidentified individuals for actions they took and continue to take in…
Spain’s mortgage relief plans may mean higher provisions, top bankers say
MADRID (Reuters) -Two top Spanish bankers on Tuesday said Spain’s mortgage relief plan could lead to an increase in bad…
Mazda unveils $11 billion EV spending plan, considers investing in battery production
TOKYO (Reuters) – Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and…
Dollar Tree cuts 2022 profit view again as inflation threatens margins
By Deborah Mary Sophia (Reuters) – Dollar Tree Inc lowered its annual profit forecast for the second time as price…
Europe to be hit hardest in global slowdown -OECD
By Leigh Thomas PARIS (Reuters) -The global economy should avoid a recession next year but the worst energy crisis since…
Abercrombie sees better holiday-quarter sales, posts surprise profit
By Ananya Mariam Rajesh (Reuters) -Abercrombie & Fitch Co said on Tuesday it was “cautiously optimistic” about the holiday season…
South African retailer Shoprite to close Congo operations
KINSHASA (Reuters) -South African retailer Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement…
Italy’s Meloni hails “courageous” budget, opposition plans protests
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italian Prime Minister Giorgia Meloni presented her government’s first budget on Tuesday,…
Domestic investors could absorb heavy 2023 euro debt issuance – JPMorgan
(Reuters) – Demand for euro zone government debt from domestic buyers crowded out by European Central Bank buying is expected…
Sterling climbs as dollar rally wanes
By Harry Robertson LONDON (Reuters) – The pound rose on Tuesday after falling in the previous session, as the dollar…