Factbox-Governments act to ease inflation pain
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have ..
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Tickitto partners with Careem to give customers easy access to global events via its Super App
London, UK – 31st October 2022, 7AM: Tickitto, has announced its partnership with the UAE’s leading multi-service app, Careem, to crea..
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Bank of England poised to raise rates by most in 33 years
By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since 1989 next week ..
Finance
Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent yea..
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U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’
LONDON (Reuters) – It would be “very powerful” if King Charles attended the COP27 climate summit in Egypt, U.S. spec..
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French asset manager Amundi posts Q3 outflows of $13 billion
By Carolyn Cohn LONDON (Reuters) -Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, the French a..
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Swedish Match continues to see strong smoke-free sales growth
(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts ..
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Porsche posts 40% jump in nine-month operating profit
BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($4.99 billion) on revenue up 15.7% i..
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Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anyt..
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Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
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