By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates…
Sony hikes FY profit forecast by 4.5% on foreign exchange boost
By Sam Nussey TOKYO (Reuters) -Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16…
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report…
Google pauses enforcing proprietary billing system in India after antitrust order
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Alphabet Inc’s Google is pausing the enforcement of a policy that…
Bertelsmann: plans to appeal ruling on Penguin Random House book merger
BERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would…
Russian rouble edges lower as month-end tax support passes
MOSCOW (Reuters) – The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began…
ECB must keep raising rates even if recession risks rise, Lagarde says
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability…
China’s yuan bounces from 15-year low as dollar bulls retreat
SHANGHAI (Reuters) – China’s yuan bounced off a near 15-year low against the dollar and into the black in late…
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
By Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer…
Explainer-India central bank’s policy committee meets to discuss first inflation target miss
By Swati Bhat MUMBAI (Reuters) – Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its…