Rio Tinto profit misses on iron ore price slump, cuts dividend
By Melanie Burton and Rishav Chatterjee MELBOURNE (Reuters) -Rio Tinto’s first-half underlying earnings fell to their lowest in three years…
2023
NEWSMAKER: NatWest’s Alison Rose, trail-blazing finance boss, bows out after Farage breach
By Sinead Cruise and Iain Withers LONDON (Reuters) – NatWest’s departing CEO Alison Rose until recently told colleagues she had…
NY drug dealer sentenced in overdose death of ‘The Wire’ actor
By Rich McKay (Reuters) – The man who sold a fatal fentanyl-laced bag of heroin to actor Michael K. Williams,…
Australia’s Pacific Current receives $388 million buyout offer from Regal Partners
(Reuters) – Australia’s Pacific Current Group received a non-binding buyout proposal from Regal Partners Ltd, which values the asset manager…
Porsche’s EV sales target under threat from supply chain snags
By Victoria Waldersee BERLIN (Reuters) -Porsche AG warned on Wednesday that supply chain problems were hampering battery-electric vehicle (BEV) production…
Israel’s enemies see opportunity in its crisis
By Parisa Hafezi, Laila Bassam and Nidal al-Mughrabi DUBAI (Reuters) -The crisis sweeping Israel has become a focal point for…
Nissan seals Renault deal, now faces hard yards in China
By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric vehicle…
Euro zone lending slows further as rate hikes bite
FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher…
Indonesia to make it less painful for exporters to keep earnings onshore -official
JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their…
Japan to maintain accommodative policy – govt official quotes BOJ’s Ueda
TOKYO (Reuters) – The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted…