
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
2023-05-11 15:56

A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
2023-05-11 15:49

Bayer sees 2023 results at lower end of range as weedkiller prices drop
By Ludwig Burger FRANKFURT (Reuters) -Drug and pesticide maker Bayer said its 2023 results would likely come in at the
2023-05-11 15:29

Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:24

Japan's Sharp tumbles to $1.9 billion loss on hefty writedown
TOKYO Sharp Corp, the Japanese electronics maker owned by Taiwan's Foxconn, posted on Thursday a full-year loss of
2023-05-11 15:19

Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:55

Bayer Sees Profit at Low End of Target as Weedkiller Tumbles
Bayer AG said profit this year will probably be at the lower end of its forecast amid falling
2023-05-11 14:46

Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
2023-05-11 14:46

SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26

Honda sees full-year profit rising 15% after missing forecasts in Q4
TOKYO (Reuters) -Japan's Honda Motor Co on Thursday forecast a 14.9% rise in operating profit for this business year, after
2023-05-11 14:24

SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:23

Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
2023-05-11 14:20