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UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
UBS says it has completed its takeover of embattled rival Credit Suisse
2023-06-12 15:47
JPMorgan expects Turkey central bank to lift rates to 25% on June 22
JPMorgan expects Turkey central bank to lift rates to 25% on June 22
LONDON JPMorgan said on Monday it expects Turkey's central bank to hike interest rates to 25% from the
2023-06-12 15:19
Analysis-Price drop fears put a brake on European grocers' rally
Analysis-Price drop fears put a brake on European grocers' rally
By Joice Alves LONDON European grocers could exceed market expectations for earnings growth this year as they keep
2023-06-12 14:20
Novo Nordisk invests $2.3 billion in Danish production facility
Novo Nordisk invests $2.3 billion in Danish production facility
COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in
2023-06-12 14:17
Food prices are squeezing Europe. Now Italians are calling for a pasta protest
Food prices are squeezing Europe. Now Italians are calling for a pasta protest
High food prices are pinching households across Europe, where food inflation is outpacing other major economies like the U.S., Japan and Canada
2023-06-12 14:15
Central banks shelve guidance, in fits and starts, as inflation reigns
Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg Central bankers, who once considered obscurity central to
2023-06-12 13:22
Stock market today: Asian shares mixed as investors await Fed policy decision, price data
Stock market today: Asian shares mixed as investors await Fed policy decision, price data
Shares are mixed in Asia after the S&P 500 logged its fourth winning week in a row on Friday
2023-06-12 13:21
Iraq's parliament approves budget, ending dispute over oil revenue sharing with Kurdish region
Iraq's parliament approves budget, ending dispute over oil revenue sharing with Kurdish region
Iraq’s parliament has belatedly approved a record $152 billion budget for 2023, after months of wrangling over the sharing of oil revenue between the central government in Baghdad and the semi-autonomous Iraqi Kurdish region in the north
2023-06-12 13:17
Ahold Delhaize hits 'roughly half' its 1 billion euro goal for non-grocery revenue
Ahold Delhaize hits 'roughly half' its 1 billion euro goal for non-grocery revenue
By Jessica DiNapoli NEW YORK Ahold Delhaize has hit "roughly half" its goal to grow revenue from businesses
2023-06-12 13:17
China's property sector set to be persistently weak for years -Goldman
China's property sector set to be persistently weak for years -Goldman
BEIJING China's property sector is expected to grapple with "persistent weakness" for years, Goldman Sachs analysts said, adding
2023-06-12 12:47
The Great Grift: How billions in COVID-19 relief aid was stolen or wasted
The Great Grift: How billions in COVID-19 relief aid was stolen or wasted
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent
2023-06-12 12:17
Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
Entities backed by Singapore's Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion
2023-06-12 11:50
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