By Sruthi Shankar (Reuters) -European stocks rose on Tuesday after a slew of better-than-expected earnings reports helped offset worries about…
German business morale falls slightly in October, beating expectations
BERLIN (Reuters) -German business morale fell slightly in October, though still beating analyst estimates, as companies expectations improved despite less…
Covestro cuts profit outlook again on rising energy, raw material costs
By Bartosz Dabrowski (Reuters) – German chemicals maker Covestro cut its 2022 earnings guidance for the third time this year…
Goldman’s Solomon: Undoing 40 years of ‘nationalized fixed income’ disruptive
DUBAI (Reuters) – Goldman Sachs CEO David Solomon said on Tuesday the world “nationalized fixed income markets” for 40 years…
Euro zone banks see falling loan demand, tighter access to credit in Q4
FRANKFURT (Reuters) – Euro zone banks expect to tighten access to credit further in the fourth quarter and see a…
Activist investor Peltz meets possible Unilever CEOs
By Jessica DiNapoli and Richa Naidu NEW YORK (Reuters) -Activist investor Nelson Peltz, who is on the board of Unilever…
China to impose consumption tax on e-cigarettes from November
SHANGHAI (Reuters) – China’s Ministry of Finance will impose a consumption tax on e-cigarettes sold in China from Nov. 1,…
Rouble edges lower as end of tax payments period approaches
MOSCOW (Reuters) – The Russian rouble edged marginally lower against the dollar on Tuesday, as the end of a favourable…
Spanish Sept industrial prices up 35.6% on year, slowest since Dec
MADRID (Reuters) – Spanish industrial production prices rose 35.6% in the 12 months through September, down from a 42.9% increase…
U.S. oil companies’ cash flow to rise by 68% per barrel in 2022 – Deloitte
By Sabrina Valle HOUSTON (Reuters) – U.S. upstream oil companies are expected to bank 68% higher free cash flows per…