Nestle says price rises will moderate in rest of 2023
LONDON (Reuters) – Nestle will raise prices at a more moderate rate in the remainder of 2023, its CEO said…
US not seeking permanent base in Papua New Guinea – defense secretary
By Kirsty Needham (Reuters) -U.S. Secretary of Defense Lloyd Austin said on Thursday during a visit to Papua New Guinea…
Nestle sales outlook brightens after strong first half
By Richa Naidu LONDON (Reuters) -Nestle improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the…
BNP Paribas facing potential fine as it resolves U.S. messaging probe
PARIS (Reuters) – BNP Paribas is set to resolve a U.S. probe into employees’ use of unapproved messaging platforms, its…
China to boost credit support to consumer sector – regulator
BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on…
Pakistan seen hiking rates again on IMF guidance, analysts say
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank will likely raise its key interest rate again on Monday to…
Norwegian woman, Nepali sherpa become world’s fastest to climb all 14 tallest peaks
By Gopal Sharma KATHMANDU (Reuters) – A Norwegian woman and her sherpa guide climbed Mount K2 in Pakistan on Thursday,…
Shell, TotalEnergies profits slump as oil, gas prices cool after bumper 2022
By Shadia Nasralla, Ron Bousso and America Hernandez LONDON/PARIS (Reuters) -Shell and TotalEnergies reported sharp falls in second-quarter profit from…
Spain’s unemployment rate falls to 15-year low of 11.60% in Q2
MADRID (Reuters) – Spain’s unemployment rate fell to 11.60%, a 15-year low, down from 13.26% three months earlier, data from…
Japan’s Takeda beats Q1 profit estimates on mainstay drugs, dengue vaccine
TOKYO (Reuters) -Japan’s Takeda Pharmaceutical posted first-quarter profit that beat analysts’ estimates, citing solid sales of mainstay drugs and the…