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 2023-02-02 07:53 

FX Empire

German exports down by 6.3% in December...

BERLIN (Reuters) German exports fell more than expected in December as high inflation and market uncertainty continued to weigh on Europe's largest economy despite fading supply chain problems....

 2023-02-02 07:53 

FX Empire

Materials shortages decrease at German manufacturers Ifo...

BERLIN (Reuters) Materials shortages have decreased in Germany's manufacturing sector, a survey by the Ifo economic institute published on Thursday showed....

 2023-02-02 07:52 

FX Empire

Seven dead in construction site fire in Crimea: Russian-installed governor...

(Reuters) At least seven people died in a fire in Crimea after flames ripped through temporary accommodation housing construction workers, Russian-installed officials said on Thursday morning....

 2023-02-02 07:38 

FX Empire

Italy's TIM says it received non-binding bid for network from KKR...

By Elvira Pollina MILAN (Reuters) -Telecom Italia has received a non-binding bid for a controlling stake in its fixed-line network from U.S. investment firm KKR, Italy's biggest phone group said, adding its board would meet on Thursday to discuss the ...

 2023-02-02 07:38 

FX Empire

Telenor Q4 profit beats forecast, dividend lags expectations...

OSLO (Reuters) Norwegian telecoms operator Telenor on Thursday reported fourth-quarter earnings slightly above expectations and said forecast continued growth in 2023 in service revenue and core profit in its Nordic business....

 2023-02-02 07:38 

FX Empire

Hong Kong says 'hello' to woo back visitors after COVID...

HONG KONG (Reuters) Hong Kong leader John Lee unveiled on Thursday a promotion campaign that will include 500,000 free flights to lure back visitors, businesses and investors to the financial hub after more than three years of tough COVID-19 curbs....

 2023-02-02 07:38 

FX Empire

Santander books record 9.6 billion euro profit for 2022 but Q4 provisions up...

By Jess Aguado MADRID (Reuters) Santander on Thursday said its 2022 net profit rose 18% to a record 9.6 billion euros ($10.6 billion) on higher lending, though results were overshadowed in the fourth quarter as provisions more than doubled on economic unc...

 2023-02-02 07:37 

FX Empire

Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand...

TOKYO (Reuters) Mitsubishi UFJ Financial Group Inc on Thursday reported a 61.2% drop in third-quarter net profit due to a loss related to the sale of U.S. unit MUFG Union Bank, which would be mostly offset by an accounting profit in the fourth quarter....

 2023-02-02 07:34 

FX Empire

Shell makes record $40 billion annual profit...

By Ron Bousso and Shadia Nasralla LONDON (Reuters) Shell delivered a record $40 billion profit in 2022, it said on Thursday, capping a tumultuous year in which Russia's invasion of Ukraine allowed the energy giant to hand shareholders unprecedented re...

 2023-02-02 07:23 

FX Empire

TotalEnergies raises by 15% bonus budget for some key French staff...

PARIS (Reuters) French oil giant TotalEnergies said on Thursday that it would raise by 15% the budget allocated to bonuses for some of its staff in France in view of its 2022 results....

 2023-02-02 07:08 

FX Empire

Roche flags 2023 earnings decline on slump in COVID products...

By Ludwig Burger BASEL (Reuters) Roche warned of a decline in 2023 earnings, as revenue growth from new drugs including haemophilia treatment Hemlibra and multiple sclerosis drug Ocrevus would not make up for a steep demand drop for COVID treatments and d...

 2023-02-02 07:08 

FX Empire

Pakistan mosque attacker wore police uniform, breached security police chief...

ISLAMABAD (Reuters) Pakistani police have identified the suicide bomber who attacked a mosque in Peshawar this week, the provincial police chief said on Thursday, adding that the attacker had breached security by wearing a police uniform....

 2023-02-02 06:55 

FX Empire

Israeli drones use free-falling bombs, can carry up to a tonne...

By Dan Williams TEL AVIV (Reuters) Israeli armed drones use gravity bombs that produce no noise or smoke as they fall, making them hard for enemies to anticipate or evade, and the largest model of the aircraft can carry up to a tonne of munitions,...

 2023-02-02 06:53 

FX Empire

Panasonic slashes full-year operating profit forecast by 12.5%...

TOKYO (Reuters) Japan's Panasonic Corp on Thursday cut its full-year operating profit forecast even as it posted a 16% rise in third-quarter operating profit to 84.4 billion yen ($653 million)....

 2023-02-02 06:46 

FX Empire

Sony revises up full-year outlook, still misses analysts' estimates...

TOKYO (Reuters) Japan's Sony Group Corp posted a 7.8% fall in quarterly operating profit on Thursday as its film division fared worse than a year ago, when a blockbuster "Spider-Man: No Way Home" movie drove its profit....

 2023-02-02 06:38 

FX Empire

Publicis sees more growth this year as clients keep spending on digital marketing...

By Olivier Sorgho (Reuters) Publicis Groupe, the world's third-largest advertising agency, said on Thursday it expects organic growth between 3% and 5% this year, as it banks on continued investments from clients on their digital transformation....

 2023-02-02 06:35 

FX Empire

Deutsche Bank Q4 profit surges in 3rd year of annual profit...

FRANKFURT (Reuters) -Deutsche Bank's fourth-quarter profit surged, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and buoyant trading but damped by a slump in dealmaking that has ...

 2023-02-02 06:23 

FX Empire

Siemens Healthineers Q1 profit slides on lower COVID-19 test sales...

BERLIN (Reuters) -Siemens Healthineers reported a 28% drop in quarterly operating profit due to lower sales of rapid COVID-19 antigen tests and delays at a supplier of its Varian business....

 2023-02-02 06:23 

FX Empire

Japan's ANA Holdings posts 9-mth profit as travel demand recovers...

TOKYO (Reuters) The operator of Japan's largest airline, ANA Holdings Inc, posted on Thursday a profit through the third quarter, as travel demand recovered after COVID-19 border curbs eased....

 2023-02-02 06:08 

FX Empire

ABB posts Q4 net profit of $1.13 billion, beating forecasts...

ZURICH (Reuters) ABB reported better than expected earnings for its fourth quarter on Thursday, posting net profit of $1.13 billion as the Swiss engineering and group said it expected strong growth at the start of 2023....

 2023-02-02 06:08 

FX Empire

Iran blames Israel for Isfahan drone attack, vows revenge -ISNA...

DUBAI (Reuters) Iran blamed Israel for a drone attack on a military factory near the central city of Isfahan, the semi-official ISNA news agency said on Thursday, vowing revenge for what appeared to be the latest episode in a long-running covert war....

 2023-02-02 06:07 

FX Empire

Spain, Morocco forge economic ties as Western Sahara policy reversal eases tensions...

By Beln Carreo and Ahmed Eljechtimi RABAT (Reuters) Spain and Morocco will hold their first bilateral summit in eight years on Thursday as they seek to strengthen economic ties and build on a diplomatic truce reached last year after disputes over migratio...

 2023-02-02 05:57 

FX Empire

Analysis: Fed feeds Wall Street's soft landing hopes, though recession fears still loom...

By Davide Barbuscia and Lewis Krauskopf (Reuters) A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to further boost hopes of slowing rate hikes and a so-called economic soft landing that have fueled a powerful rebound...

 2023-02-02 05:52 

FX Empire

Stocks in Asia surge, dollar eases on Powell's "disinflationary" comment...

By Ankur Banerjee SINGAPORE (Reuters) Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a "disinflationary" process was underway, boosting risk appetite as investors hope the climb in U.S. intere...

 2023-02-02 05:38 

FX Empire

Japan utilities boost efforts to cut coal import costs, improve energy security...

By Yuka Obayashi TOKYO (Reuters) Japanese power utilities are stepping up efforts to cut thermal coal import costs by switching to lower quality grades and widening import sources, company officials said, as Tokyo looks to fight inflation and boost energy...

 2023-02-02 05:38 

FX Empire

ChatGPT sets record for fastest-growing user base analyst note...

By Krystal Hu (Reuters) ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS stu...

 2023-02-02 05:23 

FX Empire

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely...

By Norihiko Shirouzu (Reuters) Volvo Cars is gearing up for an electric blitz to convert all its mainstay models three SUVs and two sedans into electric vehicles and to introduce a luxury electric van aimed at boosting sales in Asia, two people with...

 2023-02-02 05:08 

FX Empire

Australia's radioactive capsule to be moved to storage as investigation starts...

By Lewis Jackson SYDNEY (Reuters) A lost radioactive capsule found after a search along a 1,400 km stretch of the arid Western Australian outback is due to arrive in Perth on Thursday as investigators work on piecing together just how it fell from a truck...

 2023-02-02 05:08 

FX Empire

Sony Group CFO Totoki to succeed Yoshida as president...

(Reuters) Sony Group Corp said on Thursday chief financial officer Hiroki Totoki would become president and chief operating officer on April 1 while retaining his current role....

 2023-02-02 04:53 

FX Empire

U.S. House committee to hold aviation safety hearing...

By David Shepardson WASHINGTON (Reuters) A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of the largest pilots union are among those who will testify on Feb. 7 before Congress....

 2023-02-02 04:53 

FX Empire

Marketmind: Markets go all in for disinflation...

By Wayne Cole SYDNEY (Reuters) A look at the day ahead in European and global markets from Wayne Cole....

 2023-02-02 04:23 

FX Empire

Philippines grants U.S. greater access to bases amid China concerns...

MANILA (Reuters) The Philippines has granted the United States expanded access to its military bases, the countries said on Thursday, amid mounting concern over China's increasing assertiveness in the disputed South China Sea and tensions over self-ru...

 2023-02-02 04:23 

FX Empire

EU on tour de force in Ukraine as war anniversary nears...

By Gabriela Baczynska and Tom Balmforth BRUSSELS/KYIV (Reuters) More than a dozen top European Union officials arrive in Kyiv on Thursday with promises of more military, financial and political aid, a symbolic trip meant to highlight support for Ukraine a...

 2023-02-02 04:23 

FX Empire

Factbox: How long will it take Ukraine to join EU?...

(Reuters) More than a dozen top European Union officials arrive in Kyiv on Thursday, a top-level demonstration of support following new pledges of military aid as the first anniversary of Russia's invasion of Ukraine nears....

 2023-02-02 04:08 

FX Empire

Citigroup wealth unit stops margin loans against India Adani's securities source...

SINGAPORE (Reuters) Citigroup's wealth unit has stopped extending margin loans to its clients against securities of India's embattled Adani group, a source with direct knowledge of the matter said, as the conglomerate reels from a short-seller att...

 2023-02-02 04:02 

FX Empire

Adani shares plunge after botched $2.5 billion share sale...

BENGALURU (Reuters) India's Adani group will review its capital raising plan once the market stabilises, chairman Gautam Adani said, after flagship Adani Enterprises withdrew a $2.5 billion share sale citing the need to insulate investors from potenti...

 2023-02-02 03:53 

FX Empire

Costa Rica pulls back on U.N.-backed climate agreement named in its honor...

By Alvaro Murillo SAN JOSE (Reuters) Costa Rica's Congress on Wednesday blocked the country's ratification of a U.N.-backed environmental treaty named after one of the Central American country's municipalities, after it lost support from the a...

 2023-02-02 03:38 

FX Empire

White House: U.S. has no hostile intent toward North Korea...

WASHINGTON (Reuters) The White House on Wednesday rejected North Korean accusations that joint military exercises in the region are a provocation and said the United States has no hostile intent toward Pyongyang....

 2023-02-02 03:23 

FX Empire

Honda to start producing new hydrogen fuel cell system co-developed with GM...

TOKYO (Reuters) Japan's Honda Motor Co said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co this year and gradually step up sales this decade, in a bid to expand its hydrogen business....

 2023-02-02 02:38 

FX Empire

Cracks begin to show in India's Himalayan building spree...

By Krishn Kaushik JOSHIMATH, India (Reuters) One morning 18 months ago, Jaswant Singh Butola woke to find hairline cracks had spread up the walls of his house, which overlooks a railway being built to take pilgrims to Himalayan holy sites in India near th...

 2023-02-02 02:38 

FX Empire

Asian shares jump, dollar eases after Powell comments...

By Ankur Banerjee SINGAPORE (Reuters) Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a "disinflationary" process was underway, boosting risk appetite and hope that the U.S. central bank will s...

 2023-02-02 02:23 

FX Empire

Pinterest cuts about 150 jobs Bloomberg News...

(Reuters) Pinterest Inc is laying off about 150 employees, or less than 5% of its total workforce, Bloomberg News reported on Wednesday, joining a flurry of technology companies that are firing workers to cut costs....

 2023-02-02 02:06 

FX Empire

BOJ's Wakatabe: No change to ultra-easy policy commitment...

SHIZUOKA, Japan (Reuters) Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday there was "absolutely no change" in the central bank's commitment to maintain ultra-loose monetary policy....

 2023-02-02 01:38 

FX Empire

Oil prices rise after U.S. Fed hikes rates, weakening the dollar...

By Laura Sanicola (Reuters) Oil prices rose in early Asian trade on Thursday after the U.S. Federal Reserve raised interest rates by 25 basis points, sending the dollar lower....

 2023-02-02 01:38 

FX Empire

Republican U.S. lawmaker meets with TikTok, but unpersuaded...

By David Shepardson WASHINGTON (Reuters) -U.S. Republican Representative Mike Gallagher met with TikTok on Wednesday about the Chinese-owned short video app's U.S. data security plans but still plans to seek to ban TikTok in the United States, a spoke...

 2023-02-02 01:23 

FX Empire

Dollar plunges as Fed says disinflation now in play...

By Rae Wee SINGAPORE (Reuters) The dollar tumbled on Thursday after the U.S. Federal Reserve said it had turned a corner in the fight against inflation, giving markets a confidence boost that the end of its rate-hike campaign is near....

 2023-02-02 01:10 

FX Empire

Australia to replace Queen Elizabeth's image on A$5 banknote...

SYDNEY (Reuters) Australia will replace the portrait of Queen Elizabeth II from its A$5 currency note with a new design to reflect and honour the history of its Indigenous culture, the country's central bank said on Thursday....

 2023-02-02 00:53 

FX Empire

Microsoft rolls out ChatGPT-powered Teams Premium...

(Reuters) Microsoft Corp on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot that has taken Silicon Valley by a storm....

 2023-02-02 00:53 

FX Empire

Australian Cardinal Pell's funeral marked by arrival of protesters, mourners...

SYDNEY (Reuters) Protesters gathered and mourners began to arrive in Sydney on Thursday ahead of the funeral service of Australian Cardinal George Pell, a former top Vatican official who was acquitted in 2020 of sexual abuse accusations....

 2023-02-02 00:38 

FX Empire

JetBlue's 3,000 ground workers vote against union representation...

(Reuters) The International Association of Machinists and Aerospace Workers (IAM) said on Wednesday about 3,000 JetBlue ground workers have voted against union representation....

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