Global central banks post losses on reserves in 2022; no quick recovery seen -survey
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations…
2023
Swedish central bank seen hiking by quarter percentage point to 3.75% this week: Reuters poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a quarter percentage point this week in a…
JPMorgan sees yuan weakness continuing, possibility of “circuit breaker”
LONDON (Reuters) – Wall Street bank JPMorgan said on Tuesday it was staying “bearish” on China’s yuan despite its recent…
Delta Air expects full-year profit at higher end of forecast
(Reuters) – Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior…
Stellantis aims to relieve ‘charging anxiety’ with new service for EV users
MILAN (Reuters) – Stellantis launched a ‘Charging & Energy’ business unit on Tuesday to make it easier to keep electric…
Kenya could follow Uganda as East African nations wage war on LGBT rights
By Ayenat Mersie and Mukelwa Hlatshwayo NAIROBI (Reuters) -Mohamed Ali doesn’t believe gay Africans exist. He says homosexuality is a…
Accor plans to open more than 1,200 hotels as travel demand picks up
By Tristan Veyet and Gaelle Sheehan (Reuters) -Accor plans to open more than 1,200 hotels in the next five years,…
Brookfield Reinsurance Arm Offers To Buy American Equity In $4.3 Billion Deal
(Reuters) – Canadian investment firm Brookfield’s insurance arm has offered to buy American Equity Investment Life Holding in a deal…
BoE’s Dhingra sees ‘promising signals’ of a fall in UK inflation
By David Milliken LONDON (Reuters) -Bank of England policymaker Swati Dhingra said there are “promising signals” for a further decline…
Yacht maker Ferretti reverses course after Milan launch
By Elisa Anzolin MILAN (Reuters) – Shares in Italian yacht-maker Ferretti reversed course on Tuesday, as it began its listing…