(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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Business
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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Economic weakness set to weigh on oil price in 2023
By Brijesh Patel (Reuters) – Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten demand growth and offset the impact of su[...]
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Global equity funds see outflows for an eighth straight week
(Reuters) – Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S. GDP reading raised worries that U.S. interest rates[...]
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