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Russia, China tone down G20 text on geopolitical tensions

Russia and China watered down a communique being drafted by heads of the Group of 20 major economies on Friday…

4 years ago

Air France-KLM to seek up to 4 bln euros to repay state aid, shares sink

Air France-KLM (AIRF.PA) plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, the…

4 years ago

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

Indonesia’s GDP speeds up on easing COVID-19 curbs, brisk exports

Indonesia's economic growth accelerated in the final quarter of last year as consumption perked up following the easing of anti-virus…

4 years ago

Caterer Compass feeds share price rise with strong revenue recovery

Compass Group (CPG.L), the world's largest catering firm, said on Thursday its first-quarter revenue was near pre-pandemic levels and stuck to…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as…

4 years ago

Japan’s ANA surprises with small Q3 operating profit but keeps FY loss guidance

ANA Holdings Inc (9202.T) surprised with a small third-quarter operating profit on Tuesday but Japan's biggest airline still expects a loss for…

4 years ago

Japan’s factory output dips more than expected as risks emerge

Japan's factory output shrank for the first time in three months in December as a decline in machinery production outweighed…

4 years ago

Ryanair posts quarterly loss but says fares could rise this summer

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was…

4 years ago