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01.03 / 04:36
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CMA CGM expects Red Sea shipping disruption to last months
CMA CGM expects disruptions to commercial shipping to last months, Chairman and CEO Rodolphe Saade said. Shipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone and missile attacks on ships in the Red Sea and Gulf of Aden last November. «This will probably last for some months,» Saade said.
01.03 / 02:27
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Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US inflation to India’s Q3 GDP data
Sensex gained 195.42 points, or 0.27%, to close at 72,500.30, while the Nifty 50 settled 31.65 points, or 0.14%, higher at 21,982.80. “Recent global economic data releases pushed investors back after a rally that was seen recently. Further, the US Fed’s preferred inflation gauge, personal consumption expenditures (PCE), holds key importance from an interest rate perspective.
29.02 / 21:29
29.02 / 20:25
29.02 / 19:19
29.02 / 19:19
29.02 / 16:55
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'Japan will disappear if…': Elon Musk sounds alert as Asian country's birth rate hits record low levels
number of births, the number of marriages in Japan dipped 5.9% to 489,281 in 2023. As per news agency Reuters, this is the first time in 90 years that the number of marriages in a year dropped below 5,00,000. A spokesperson of the Japanese government said that the administration is ready to implement "unprecedented measures" to address the diminishing birth rate.
29.02 / 15:27
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London Stock Exchange Group eyes £1bn buybacks in 2024
In its preliminary results for the year ended 31 December 2023 published today (29 February), the group said the 2024 buybacks will likely happen via a direct acquisition from the Blackstone/Thomson Reuters consortium. Total income for the financial year increased to £8bn from £7.4bn last year, yet operating profit and profit before tax took a slight dip over the 12-month period. In a statement, LSEG CEO David Schwimmer said there is an «encouraging IPO pipeline for the London Stock Exchange», after last year's biggest listing, CAB Payments, thoroughly disappointed months after going ...
29.02 / 12:13
29.02 / 09:51
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Falling inflation in German states points to national decline
BERLIN (Reuters) — Inflation fell in six economically important German states in February, preliminary data showed on Thursday, suggesting that German inflation is continuing on its downward trajectory.
29.02 / 08:27
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Oil slips on US demand, interest rate fears
(Corrects to show oil prices fell, not extended declines, in paragraph 1 and headline)
29.02 / 07:43
29.02 / 06:47
29.02 / 05:01
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Thailand to ban recreational cannabis use by year-end, says health minister
BANGKOK (Reuters) — Thailand will ban the recreational use of marijuana by the end of this year, but continue allowing its use for medical purposes, the health minister told Reuters in an interview.
29.02 / 03:03
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Oil prices ease, US crude stock build fuels demand fears
Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure. Brent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel by 0124 GMT. U.S. West Texas Intermediate crude futures were down 30 cents, or 0.4%, to $78.24 a barrel.
29.02 / 03:03
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China rolls over $2 bln loan to Pakistan, finance minister says
China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday. The $2 billion loan was due in March and has been extended for one year, Geo News which first reported the news said, citing sources in the Pakistan finance ministry. Beijing had communicated the decision to Islamabad, it added.
29.02 / 01:07
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29.02 / 00:11
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Westpac cuts 132 jobs across divisions, says trade union
(Reuters) — The Australian banking trade union said on Thursday that Westpac Banking (NYSE:WBK) Corp, one of the country's top lenders, has cut around 132 jobs across divisions, with some of these roles being shifted to companies in India and the Philippines.
28.02 / 20:34
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