By Ludwig Burger FRANKFURT (Reuters) -Germany’s Merck KGaA reported better-than-expected quarterly earnings on higher revenues from drugs and biotech lab…
Indian Oil offers first diesel export since mid-Sept – sources
SINGAPORE (Reuters) – Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export…
Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries
(Reuters) -Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and…
Canada’s BMO books $834 million charge over U.S. Ponzi lawsuit loss
(Reuters) -Canada’s Bank of Montreal (BMO) booked a charge of C$1.12 billion ($834.2 million) on Tuesday after a U.S. jury…
Mazda says demand is strong but expects slowdown in U.S. from next spring
TOKYO (Reuters) – Vehicle demand in the United States is strong for the rest of the year but its economy…
China’s COVID scare ends chance of Beijing autoshow this year – organiser
SHANGHAI/BEIJING (Reuters) -The Beijing International Automobile Exhibition will not be held this year due to the COVID-19 situation in the…
Growth of Italian bank lending to firms slows down in September
MILAN (Reuters) – The growth of Italian bank lending to businesses slowed down in September, data from the Bank of…
King dollar commands surge in remittances
By Harish Sridharan (Reuters) – Seafarer Jhan Kharl Rodica recently returned home to Manila after an eight-month voyage and bought…
IMF agrees $4.5 billion Bangladesh support programme
By Marc Jones and Ruma Paul LONDON/DHAKA (Reuters) -The International Monetary Fund (IMF) provisionally agreed a $4.5-billion support programme on…
Fed’s Waller maintains skepticism on U.S. digital currency
(Reuters) – There is currently no credible case for the United States to develop an official digital version of the…