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The building of the European Central Bank (ECB) is seen amid a fog  in Frankfurt, Germany December 15, 2022.

Euro zone consumers lower inflation expectations again, ECB survey shows

Reuters |Updated 36 minutes ago |1 min read

FRANKFURT (Reuters) - Euro zone consumers lowered their expectation for inflation over the next 12 months in March but continued to see price growth above the European Central Bank's 2% target further out, the ECB's Consumer Expectations Survey ...

A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024.

Huawei's smart car tech offers automakers route to China sales

Reuters |Updated 37 minutes ago |4 min read

BEIJING (Reuters) - It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the ...

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022.

Take Five: Fed straight ahead

Reuters |Updated 55 minutes ago |4 min read

(Reuters) - A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global rates outlook and on tech earnings, while growth and inflation data from Europe and China are also coming ...

Darktrace logo is seen near computer motherboard in this illustration taken January 8, 2024.

Thoma Bravo to buy UK's Darktrace for about $5.32 billion

Reuters |Updated 6 minutes ago |1 min read

(Reuters) - Private equity firm Thoma Bravo has agreed to buy British cybersecurity firm Darktrace for about $5.32 billion in cash, the companies said on Friday. The agreed price of $7.75, or around 620 pence per share represents a 44% premium to ...

A metro train moves on a bridge, with the logo of Sberbank on top of a building seen in the background, in central Moscow, Russia, April 22, 2016.

Russia's Sberbank reports profit rise to $4.3 billion in Q1

Reuters |Updated 6 minutes ago |1 min read

MOSCOW (Reuters) - Russia's dominant lender Sberbank on Friday reported a first-quarter net profit of 397.4 billion roubles ($4.32 billion), up 11.3% from a year earlier. Sberbank made record profits of 1.5 trillion roubles in 2023, a more than ...

Pakistan's Prime Minister Shehbaz Sharif, addresses the 23rd Shanghai Cooperation Organization (SCO) Summit, hosted virtually by India, in Islamabad, Pakistan July 4, 2023. Press Information Department (PID)/Handout via

Pakistan's economic indicators are positive, says PM

Reuters |Updated 6 minutes ago |1 min read

ISLAMABAD (Reuters) - Pakistan's economic indicators are showing positive signs, with an agenda of painful reforms and privatization on track, Prime Minister Shehbaz Sharif said on Friday, ahead of an IMF board meeting to decide on a $1.1 billion ...

A sign is pictured in front of the Vitol Group trading commodities building in Geneva October 4, 2011. Picture taken October 4, 2011.

Italy sets conditions for Vitol's takeover of Saras

Reuters |Updated 1 hour ago |2 min read

ROME (Reuters) - Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras, the global commodity trader said in a statement on Friday. Saras's controlling shareholder - the Moratti family - said in ...

A view of an under-construction residential development by Country Garden in Shanghai, China February 29, 2024.

Exclusive-Country Garden plans to present debt revamp plan in second half, sources say

Clare Jim, Xie Yu |Updated 1 hour ago |3 min read

By Clare Jim and Xie Yu HONG KONG (Reuters) - Country Garden has told some of its offshore creditors it plans to present a debt restructuring proposal in the second half of this year, two sources said, as the embattled developer scrambles to ...

BOJ Governor Ueda's comments at news conference

Reuters |Updated 6 minutes ago |1 min read

(Reuters) - The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit 2% in coming years, signalling its readiness to hike borrowing costs later this year. The ...

A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan February 28, 2017.

Japan factory output likely rebounded in March, while retail sales held firm: Reuters poll

Reuters |Updated 1 hour ago |2 min read

TOKYO (Reuters) - Japan's factory output likely staged a strong rebound in March from the previous month's decline, with retail sales probably holding firm on booming inbound tourism and easing worry about weak domestic consumption, a Reuters' ...

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