By Marie Mannes (Reuters) – Marlboro maker Philip Morris International (PMI) overcame some opposition to clinch 83% of Swedish Match,…
ECB scrutinises banks’ payout plans as outlook sours
FRANKFURT (Reuters) -The European Central Bank is carefully scrutinising euro zone banks’ payout plans as the outlook for the bloc’s…
Falling demand exacerbates Russia’s car sales slump in October
MOSCOW (Reuters) -New car sales slumped 62.8% year-on-year in Russia in October, data showed on Monday, as falling consumer demand…
EU, US must address concerns over U.S. inflation act – German fin min
BERLIN (Reuters) – Germany wants dialogue with Washington rather than tit-for-tat measures to ease trade tensions triggered by the U.S…
Brazil’s Embraer confirms full-year forecast, Q3 deliveries disappoint
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian planemaker Embraer SA on Monday reported a 10% increase in third-quarter aircraft deliveries…
Mexican central bank seen raising interest rate to record 10% – Reuters poll
MEXICO CITY (Reuters) – The Bank of Mexico is expected to raise its key interest rate by 75 basis points,…
Brazil central bank opens public consultation to changes on capital requirements for banks
BRASILIA (Reuters) – Brazil’s central bank opened on Monday a public consultation on changes to calculate capital requirements related to…
Ryanair expects to emerge as Europe’s only major low-cost carrier
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday predicted it would eventually become Europe’s only major low-cost carrier, with…
Exclusive-Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions
By Angus Berwick and Tom Wilson LONDON (Reuters) – Crypto giant Binance has processed Iranian transactions with a value of…
UK faces 50 billion pound fiscal hole, government sources say
By Elizabeth Piper and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will seek to fill a 50…