Author Archives: Syndicated Content
Moody's says Adani stock plunge can hurt group's ability to raise debt
By Tanvi Mehta (Reuters) -Credit ratings agency Moody's warned on Friday that the recent sell-off in Adani group's shares after a short-seller's report could reduce the Indian conglomerate's ability t...
Thomson Reuters Feb 03, 2023
India's Zydus Lifesciences beats Q3 profit view on strong India, U.S. sales
BENGALURU (Reuters) - Indian generic drugmaker Zydus Lifesciences Ltd reported a bigger-than-expected 24.5% rise in third-quarter profit on Friday, helped by strong sales in its key domestic and U.S. ...
Thomson Reuters Feb 03, 2023
IMF giving Pakistan tough time in 'unimaginable' economic crisis - PM
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a tough time over unlocking stalled funding from a $6....
Thomson Reuters Feb 03, 2023
New Zealand floods add to inflation challenge for new prime minister ahead of vote
By Lucy Craymer WELLINGTON (Reuters) - The worst flooding in New Zealand's biggest city Auckland is heaping more inflationary pressure and is posing a fresh cost-of-living headache for prime minister ...
Thomson Reuters Feb 03, 2023
Swiss prosecutors launch case over Credit Suisse dirty money data leak - reports
(Reuters) - Swiss federal prosecutors have launched criminal proceedings targeting the perpetrators of a 2022 leak of information on thousands of Credit Suisse accounts, Swiss media reported on Friday...
Thomson Reuters Feb 03, 2023
South African business activity shrinks solidly in January
JOHANNESBURG (Reuters) - Activity in South Africa's private sector in January contracted a its fastest pace since the end of 2021 as new orders fell due to rolling power cuts and weak economic conditi...
Thomson Reuters Feb 03, 2023
Column-Jumping the central bank gun :Mike Dolan
By Mike Dolan LONDON (Reuters) - For all intents and purposes, financial markets think the brutal central bank tightening cycle is done. That may seem like a leap of faith after 36 hours in which thre...
Thomson Reuters Feb 03, 2023
Nobel laureate Ebadi says Iran's 'revolutionary process' is irreversible
By Parisa Hafezi DUBAI (Reuters) - Iranian Nobel Peace Prize laureate Shirin Ebadi said the death in custody of a young Iranian Kurdish woman last year has sparked an irreversible "revolutionary proce...
Thomson Reuters Feb 03, 2023
China's latest IPO reform unlikely to flood markets with new issuance, bankers say
SHANGHAI (Reuters) - China's move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of state interventio...
Thomson Reuters Feb 03, 2023
TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after posting better-than-expected fourth-quarter revenue driven by strong ...
Thomson Reuters Feb 03, 2023
