By Natalie Grover (Reuters) -GSK raised its 2022 forecast for the second time this year, after third-quarter earnings and sales…
Defying gloom, Ferrari sees strong demand for luxury cars
By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari said it was confident about its prospects for this year and…
Russian September airline traffic down 20% under effect of sanctions
MOSCOW (Reuters) – Passenger numbers on Russian airlines were down 20% in September from last year, as the impact of…
Russian weekly consumer prices edged up in week of central bank rate hold
MOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the sixth week running, data published on Wednesday showed, vindicating…
Britain to go it alone for now on reining in ‘shadow banking’
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead…
DuPont scraps $5.2 billion Rogers buyout due to China hurdles
(Reuters) – Chemicals maker DuPont De Nemours Inc said on Tuesday it was ending its $5.2 billion buyout of Rogers…
Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the…
State-backed Toshiba suitor boosts buyout fund size to $6 billion-plus
By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has…
Venezuela’s long-suffering manufacturers face new challenge: Colombian imports
By Deisy Buitrago CARACAS (Reuters) – Michele Tini has kept his shoe factory in southern Caracas afloat for more than…
CVS to move members to other Medicare plans after ratings decline
By Leroy Leo and Nandhini Srinivasan (Reuters) -CVS Health Corp on Wednesday forecast a 2023 profit below Wall Street estimates…