Two Lessors File Applications To Cancel Garuda Indonesia Restructuring Deal – Court
JAKARTA (Reuters) – Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda…
February 2023
Exclusive-Peru Mines On Power Despite Protests, Though Halt Risk Looms
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production…
SocGen Favours Prudence Over High Shareholder Return Before CEO Change
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) – Societe Generale, France’s third biggest bank, favoured financial prudence over quick…
ECB To Zero In On Soured Loans This Year As Economy Slows
FRANKFURT (Reuters) -European Central Bank supervisors will zero in on bad loans this year after finding that some euro zone…
Pick N Pay Sales Grow But Warns On Extra Costs From Power Cuts
JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like…
Istanbul Bourse Issues Market-wide Circuit Breaker After Opening Fall
(Reuters) – Turkey’s Borsa Istanbul issued a market-wide circuit breaker after the benchmark index dropped 5% within minutes of opening…
Equinor Posts Record Profit For 2022, Q4 Beats Expectations
By Nerijus Adomaitis OSLO (Reuters) -Equinor on Wednesday posted a record $74.9 billion adjusted operating profit for 2022, more than…
SocGen’s Q4 Profit Beats Expectations, Sees Higher Bad Loan Risks
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -Societe Generale, France’s third biggest bank, posted a higher-than-expected profit in the…
Oil Steady On Subdued Dollar, Traders Await More Inventory Data
By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were little changed on Wednesday amid subdued movements in the…
Japan’s Kishida: New BOJ Head Must Have Strong Communication Skills
By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Wednesday the ability to closely coordinate with…