U.S. Supreme Court hears Turkish lender Halkbank's bid to avoid charges

WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday began hearing arguments over a bid by Turkey's state-owned lender Halkbank to avoid criminal charges in the United States for allegedly helping Iran evade American economic sanctions.

newspaper

17-01-2023

U.S. dollar falls vs major currencies as sterling gains; yen in focus

The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy shift at the Bank of Japan that could end its so-called "yield curve control", which could be a precursor to adopting a tighter monetary policy.

newspaper

17-01-2023

Disney says Peltz 'lacks skills' to help business as proxy battle heats up

(Reuters) -Walt Disney Co on Tuesday defended its decision to deny Nelson Peltz a board seat, saying the activist investor "lacked the skills and experience" to help the media and entertainment giant.

newspaper

17-01-2023

Bombardier raises 2022 revenue and free cash flow outlook, shares rise

(Reuters) -Canadian business jet maker Bombardier Inc on Tuesday raised its 2022 forecast for revenue and free cash flow above analysts' expectations, helped by robust demand for private planes.

newspaper

17-01-2023

Disney says investor Peltz 'lacks experience' to help business

(Reuters) -Walt Disney Co defended its decision on Tuesday to deny a board seat to Nelson Peltz, saying the activist investor "lacked the skills and experience" to help the entertainment giant in its business.

newspaper

17-01-2023

Barrick set to report highest quarterly gold output for 2022

(Reuters) -Canadian miner Barrick Gold Corp on Tuesday reported a 13.4% sequential rise in gold production in what could be its highest quarterly output last year, driven by strong performances from its mines in Nevada and Ivory Coast.

newspaper

17-01-2023

Bombardier raises 2022 revenue, free cash flow outlook

Canada's Bombardier Inc raised its 2022 forecast for revenue and free cash flow on Tuesday, underpinned by robust demand for private jet travel.

newspaper

17-01-2023

Sterling nears one-month high on UK jobs data, yen in focus

Sterling rose on Tuesday, nearing a one-month high against the U.S. dollar after data showed the pace of pay growth in Britain, closely watched by the Bank of England as it gauges how much higher to raise interest rates, accelerated again.

newspaper

17-01-2023

Whirlpool partners Arcelik in Europe, quits MidEast and Africa

U.S. home appliances maker Whirlpool is folding its European business into a new company controlled by Turkish rival Arcelik, reducing its exposure to a market where it had warned attractive profit margins could be some way off.

newspaper

17-01-2023