MUMBAI (Reuters) – India’s IIFL Finance plans to raise at least 1 billion rupees ($12.10 million) through public issue of non-convertible debentures, according to a product note. The issue[...]
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Edelweiss Financial Services to raise funds via public issue
MUMBAI (Reuters) – Edelweiss Financial Services plans to raise at least 2 billion rupees ($24.19 million) through the public issue of non-convertible debentures, according to a term sheet. The c[...]
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Darkest days likely over for euro zone factories, Dec PMIs show
LONDON (Reuters) – The downturn in euro zone manufacturing activity has likely passed its trough as supply chains begin to recover and inflationary pressures ease, a survey showed on Monday, lea[...]
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Fading supply problems ease downturn in German manufacturing -PMI
BERLIN (Reuters) – Fading supply chain problems helped ease the downturn in Germany’s manufacturing sector in December, although weaker demand continues to weigh on sentiment, a survey sho[...]
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French manufacturing contraction not as deep as forecast in Dec – final PMI
PARIS (Reuters) – France’s manufacturing sector contracted less than first thought in December, a survey showed on Monday, even though inflationary pressures continued to weigh on the euro[...]
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Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said on social med[...]
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Spanish manufacturing output down for 6th straight month in Dec -PMI
MADRID (Reuters) – Factory activity in Spain shrank for the sixth month in a row in December, albeit at a slower pace than the previous month as easing inflation and stronger business confidence[...]
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Turkish factory activity contracts in Dec but shows improvement -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement from previous months as output and new orders fell more slowl[...]
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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 supply sh[...]
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