ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its “liraization strategy” which will be introd[...]
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Europe
Zenseact becomes fully owned subsidiary of Volvo Cars
(Reuters) -Sweden-based Volvo Car AB said on Saturday it had taken 100% ownership of its autonomous driving (AD) software development subsidiary Zenseact. Volvo Cars acquired 13.5% of shares in Zensea[...]
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ECB must stop quick wage growth from fuelling inflation, Lagarde says
FRANKFURT (Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Laga[...]
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Bulgaria expects fiscal deficit of 1% of GDP for 2022
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of 3.4%, the finance[...]
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Casino’s GPA prepares to spin off Colombian supermarket operator Exito
SAO PAULO (Reuters) – Brazilian retailer GPA said on Friday it had taken the first steps towards spinning off its Colombian subsidiary Almacenes Exito SA and plans to distribute its shares to ex[...]
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Exclusive-Drugmakers to raise prices on at least 350 drugs in U.S. in January
By Michael Erman and Julie Steenhuysen NEW YORK (Reuters) – Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the[...]
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Bankman-Fried set to enter not guilty plea in FTX fraud case -source
By Jack Queen NEW YORK (Reuters) -Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrup[...]
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Coal, gas lead 2022 commodities rally; recession clouds new year
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Coal and natural gas markets ended 2022 with strong gains on Friday after a global energy crisis triggered by the Russia-Ukraine war stok[...]
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Stocks end 2022 with a thud; Treasury yields, oil prices rise
By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes finished lower on Friday on 2022’s last trading day, while Treasury yields rose along with oil futu[...]
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