MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel…
Solvay raises cash flow target, announces battery materials JV with Orbia
By Elena Vardon (Reuters) – Belgian chemicals company Solvay on Thursday raised its full-year free cash flow guidance on better-than-expected…
UK watchdog tells companies to reveal more about meeting shareholders
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in…
Russian rouble slides past 62 vs dollar to over 2-week low
(Reuters) – The Russian rouble hit a more than two-week low against the dollar in early trade on Thursday, as…
ING Groep launches $1.5 billion buyback despite Q3 pre-tax profit slump
AMSTERDAM (Reuters) – ING Groep NV, the largest Dutch bank, on Thursday reported a quarterly pre-tax profit of 1.38 billion…
ECB’s Panetta warns against bigger-than-expected rate hikes
FRANKFURT (Reuters) – The European Central Bank should avoid raising interest rates too fast because that could excessively hurt economic…
North Asia ramps up stockpiling for winter to cut costly spot LNG buys
By Emily Chow and Yuka Obayashi SINGAPORE (Reuters) -Key North Asian economies are stockpiling fuel, diversifying sources and conserving power…
China’s rich provinces post slower growth than national economy on COVID curbs
BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year…
Explainer-What’s behind Hong Kong’s tightening cash conditions?
By Georgina Lee HONG KONG (Reuters) – A weak Hong Kong dollar and capital outflows have pushed the city’s interbank…
China’s Lenovo posts first revenue drop in 10 quarters as COVID lockdowns weigh
By Josh Ye HONG KONG (Reuters) -China’s Lenovo Group reported its first revenue decline in 10 quarters as a pandemic-fuelled…