World

Analysis: World’s damaged supply chains brace for painful recovery

Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and…

4 years ago

EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view

Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections,…

4 years ago

Higher steel prices boost Thyssenkrupp amid supply chain strains

Thyssenkrupp (TKAG.DE) said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions - steel…

4 years ago

Unilever faces fresh pressure over margins as it backs down on M&A

Unilever (ULVR.L) warned of a big hit to profit margins this year as it struggles to pass on higher costs to consumers,…

4 years ago

Explainer: Europe’s banks fear payment system could be casualty of Russia-Ukraine crisis

Amid fears of a Russian invasion of Ukraine, Italy's UniCredit has backed out of a potential acquisition in Russia and…

4 years ago

ECB could raise rates in 2022, new Bundesbank chief says

The European Central Bank could raise interest rates this year as high inflation is proving more persistent than once thought,…

4 years ago

Bunge quarterly profit rises 17% on agribusiness boost

Global farm commodities trader Bunge Ltd (BG.N) reported a 17.1% rise in fourth-quarter adjusted profit on Wednesday as large oilseed crops in…

4 years ago

ICU – Ukrainian Financial Group Launches the First Ever Mobile Trading Application in the Country

ICU (Investment Capital Ukraine) has become the first Financial Group in Ukraine to introduce a mobile application for trading government…

4 years ago

EXCLUSIVE U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

The Biden administration is considering a Chevron Corp (CVX.N) proposal to allow the U.S. oil major to accept and trade…

4 years ago

Analysis: Emerging market investors dive for stocks amid Fed storm

Developing world investors, buffeted by various "taper tantrums" over the last decade, are now nervously watching as the rainmaker of…

4 years ago