Japan agrees $21 billion extra budget to tackle rising living costs

TOKYO (Reuters) -Japan's ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily indebted nation as it battles inflationary pressures for the first time in decades.

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21-04-2022

Carlsberg expects $1.4 billion writedown on Russia divestment

COPENHAGEN (Reuters) -Carlsberg expects a writedown of about 9.5 billion Danish crowns ($1.39 billion) related to its decision to divest its business in Russia, the Danish brewer said on Thursday.

newspaper

21-04-2022

Dow profit jumps 58% on higher prices, strong demand

(Reuters) -Chemicals maker Dow Inc on Thursday reported an over 58% surge in first-quarter profit, helped by stronger product prices as supplies remained tight amid robust demand.

newspaper

21-04-2022

Dow reports higher profit on strong demand

Chemicals maker Dow Inc reported a higher first-quarter profit on Thursday, helped by stronger product prices as supplies remained tight amid robust demand.

newspaper

21-04-2022

Bond yields resume rise, euro cheers Macron-Le Pen clash

Bond yields resumed their rise on Thursday as investor bet on aggressive global interest rate hikes, while the euro climbed after a heated TV debate saw French President Emmanuel Macron bolster his weekend re-election hopes.

newspaper

21-04-2022

Carrefour shares fall as retailer's French Q1 sales disappoint

PARIS (Reuters) -Shares in Carrefour fell nearly 4% on Thursday after Europe's largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, overshadowing more robust growth in Brazil.

newspaper

21-04-2022

Oil rises as investors focus on lower supply from Russia, Libya

LONDON (Reuters) -Oil prices rose on Thursday as concerns about supply as the European Union (EU) mulls a potential ban on Russian oil imports, days after diminished supplies from Libya rocked the market.

newspaper

21-04-2022

A prolonged China slowdown raises risks for global economy, IMF chief says

BOAO, China (Reuters) -A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said on Thursday, but added that Beijing has room to adjust policy to provide support.

newspaper

21-04-2022

Euro at one-week highs as rate hike bets grow

The euro perked up to a one-week high on Thursday as market expectations solidified for a first interest rate hike from the European Central Bank as early as July.

newspaper

21-04-2022