Qantas CEO Alan Joyce sells $11 million in shares ahead of retirement
(Reuters) -Australia’s Qantas Airways Ltd’s outgoing chief executive, Alan Joyce, on Tuesday sold A$16.9 million ($11.3 million) of shares in…
Business
Australian lender Westpac to raise interest rates after cenbank hike
(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest…
Fast Retailing, trading houses lift Japan’s Nikkei to 33-year high
By Rocky Swift TOKYO (Reuters) – Japan’s Nikkei index extended its climb to scale a near 33-year high on Tuesday,…
Twitter’s new CEO Linda Yaccarino logs first day in role
(Refiles with no change in text) (Reuters) -Twitter’s new Chief Executive Officer Linda Yaccarino has begun her role at the…
Euro zone core inflation stubborn but ECB policy starting to work: Knot
FRANKFURT (Reuters) – Underlying price pressures in the euro zone may prove more difficult to tame but monetary policy is…
GSK’s cancer drug Jemperli gets file acceptance from US FDA
(Reuters) – GSK said on Tuesday that the U.S. Food and Drug Administration had granted file acceptance for its cancer…
Hungary’s easing inflation may lead to single-digit rates by 2024 – minister
BUDAPEST (Reuters) – Hungary’s inflation will slow to single digit by end-2023 from 24% in April, allowing the central bank…
AB Foods to boost agri-food unit with $60 million bolt-on
LONDON (Reuters) -Associated British Foods, the owner of Primark and major sugar, foods and ingredients businesses, said it would buy…
German industrial orders fall unexpectedly in April
(Reuters) -German industrial orders fell unexpectedly in April, dragged down by large-scale orders, data from the federal statistics office showed…
Zara owner Inditex faces margin test
By Corina Pons and Helen Reid MADRID (Reuters) – Investors will closely watch Zara owner Inditex’s profit margins for any…