Wall Street rally lifts Nasdaq 20 per cent from low as inflation fears ebb
Wall Street surged on Wednesday, putting the Nasdaq more than 20 per cent above its June low, after US inflation slowed more than expected in...
International
Disney tops Netflix on streaming subscribers, sets higher prices
Walt Disney Co (DIS.N) edged past Netflix Inc (NFLX.O) with a total of 221 million streaming customers and announced it will increase prices for customers...
Coca-Cola HBC flags one-time $195 mln hit from Russian operations
Coca-Cola HBC AG (CCH.L) said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first half due to costs...
Oil edges lower as supply disruption concerns ease
Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for...
Confidence drains from UK housing market, RICS says
Expectations for activity in Britain’s housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed...
Wage indexation ‘relatively limited in eurozone’ says ECB
The automatic price indexation of public wages is relatively limited in the euro area, while public pensions are primarily automatically indexed, either fully or partially,...
SoftBank to gain $34 billion from cutting Alibaba stake
SoftBank Group Corp (9984.T) said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding (9988.HK), as...
Malaysia Airlines to acquire 20 Airbus A330neos
Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus (AIR.PA) A330neo wide-body jets, industry sources said on Wednesday. Chief Executive...
Australia’s central bank launches digital currency project
Australia’s central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia,...
Crypto exchange Nuri files for insolvency in Germany
The crypto exchange Nuri GmbH has filed for insolvency with a Berlin court, the company said in a statement on Tuesday, the latest in a...
