728 x 90

Blog 3 Columns

  • Ukraine’s Economy Stabilizes After Shock of War

    Ukraine’s Economy Stabilizes After Shock of War0

    When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains – domestic and overseas – collapsed. Fresh produce became scarce and panic buying spread. Oleksiy Panasenko, deputy director general for operations at the popular outlet, recalls how the business reeled before Novus, like

    READ MORE
  • Oil Prices Move Little in Anticipation Of More China Cues

    Oil Prices Move Little in Anticipation Of More China Cues0

    Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese economic readings this week. Readings on China’s Purchasing Mangers’ Index (PMI) for February are due on Wednesday. Indicators for January had portrayed a somewhat mixed

    READ MORE
  • Abandon Hope, Cineworld Tells Shareholders

    Abandon Hope, Cineworld Tells Shareholders0

    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

    READ MORE
  • At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War

    At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War0

    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

    READ MORE
  • Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023

    Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 20230

    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

    READ MORE
  • Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

    Asia FX Edges Higher, Korean Won Surges Even As BOK Holds0

    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

    READ MORE
  • Dollar Edges Lower; Fed Minutes Loom Large

    Dollar Edges Lower; Fed Minutes Loom Large0

    The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously await the release of the minutes of the Federal Reserve’s February meeting. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower

    READ MORE
  • Asian Stocks Hit By Tech Rout, More Fed Cues Awaited

    Asian Stocks Hit By Tech Rout, More Fed Cues Awaited0

    Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as caution kicked in ahead of the minutes of the Federal Reserve’s February meeting. Japan’s Nikkei 225, the Taiwan Weighted index, and South Korea’s KOSPI were the worst performers for the day, losing between 0.8% and

    READ MORE
  • IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

    IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 20220

    InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post its best results in three years. The owner of the Crowne Plaza and Holiday Inn hotel chains profited handsomely from consumers putting travel at the top of their list of priorities

    READ MORE

Recent Posts

Meta

Top
© Copyright All rights reserved by assam-ind.in