Citi pledges to cut emissions for more sectors including coal
LONDON (Reuters) -U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, stee..
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Stocks mixed, dollar gains after robust inflation, jobs data
By Lawrence Delevingne and Marc Jones (Reuters) -Global stock markets were mixed on Thursday, as investors weighed indicators of econo..
Investing
Britain’s Nationwide curbs cryptocurrency purchases by customers
By Lawrence White and Elizabeth Howcroft LONDON (Reuters) – Britain’s Nationwide Building Society has restricted customers..
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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..
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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..
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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..
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Switzerland’s Clariant sees slight sales drop in 2023
(Reuters) -Clariant said on Thursday it expects annual sales to slightly decline in 2023 after reporting sales for the full year fairl..
Business
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 ..
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Global energy-related CO2 emissions edged up to record high in 2022 – IEA
By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..
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Renault, Geely ink pact with Aramco for engine venture (Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new ..
Technology