By Josh Horwitz SHANGHAI (Reuters) – Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had[...]
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December 30, 2022
Analysis-Chinese airlines primed to take advantage of border opening
By Jamie Freed and Sophie Yu SYDNEY/BEIJING (Reuters) – Chinese airlines will be the early winners of the country’s international reopening, analysts say, having kept most widebody planes[...]
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Indian rupee ends down more than 10% in 2022, worst since 2013
(Corrects headline and first paragraph on quantum of rupee’s fall. Deletes graphic) By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee ended 2022 as one of the worst-performing Asian c[...]
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Global natural catastrophe 2022 insured losses seen at $112 billion-broker
LONDON (Reuters) -Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian w[...]
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Japan insurers to maintain cover for LNG vessels in Russian waters
By Ritsuko Shimizu and Yuka Obayashi TOKYO (Reuters) – Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian wa[...]
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Growth constraints to shackle industrial metals for a few more months
By Pratima Desai LONDON (Reuters) – Industrial metals markets hoping for improving demand and a price rally may have to wait a few more months with the headwinds of slow growth likely to dominat[...]
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Southwest Airlines operations back to normal after being crippled by storm
WASHINGTON (Reuters) – Southwest Airlines was up and running on a normal schedule on Friday after a massive winter storm crippled operations this week and exposed problems at the low-cost carrie[...]
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China regulator asks Futu and UP Fintech to stop soliciting mainland clients
SHANGHAI/HONG KONG (Reuters) -China’s securities regulator said on Friday that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be ba[...]
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Russia’s Yandex co-founder Volozh pens farewell message to staff
By Alexander Marrow MOSCOW (Reuters) -The co-founder of Russian internet giant Yandex, Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that cou[...]
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