Ritu

Abandon Hope, Cineworld Tells Shareholders 0
- Uncategorized
- February 24, 2023
Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract enough interest from buyers. The owner of the Regal chain of cinemas, which collapsed under the weight of its debts last year, said it had failed to persuade potential buyers to make a
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At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War 0
- Uncategorized
- February 24, 2023
U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct
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Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023 0
- Uncategorized
- February 23, 2023
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and forecast a slight rise in profits this year. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of 9.96 billion euros ($10.58 billion) for the quarter, slightly exceeded consensus estimates of 9.9
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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds 0
- Uncategorized
- February 23, 2023
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as
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