Headlines

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, natio..

Merck KGaA expects 2023 profit to slip as COVID demand wanes

Merck KGaA expects 2023 profit to slip as COVID demand wanes

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..

Budweiser APAC bets on post-COVID China thirst for premium beer

Budweiser APAC bets on post-COVID China thirst for premium beer

BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..

Dollar finds footing as focus turns to Europe inflation

Dollar finds footing as focus turns to Europe inflation

  By Tom Westbrook SINGAPORE (Reuters) – The dollar caught its breath in Asia on Thursday, steadying as U.S. yields went up..

Analysis-Watch out risk assets, the rout in bonds is coming your way

Analysis-Watch out risk assets, the rout in bonds is coming your way

By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..

Bank finance for cleaner energy grows, but still lags fossil fuels – report

Bank finance for cleaner energy grows, but still lags fossil fuels – report

LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..

SoftBank, Ant seek to sell Paytm stake via open market – ET

SoftBank, Ant seek to sell Paytm stake via open market – ET

(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..

Nokia changes iconic logo to signal strategy shift

Nokia changes iconic logo to signal strategy shift

By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..