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Economy

German Chancellor Scholz to ask parliament to clear way for new elections

(This Dec. 15 story has been refiled to fix the link in paragraph 1) By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf…
Stock

Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
Stock

Vonovia offers to buy out Deutsche Wohnen minority shareholders

Vonovia, a leading German property company, has proposed an offer to acquire full control of its majority-owned subsidiary, Deutsche Wohnen (OTC:DTCWY). The…
Economy

As Bolivia’s big state economic model slowly implodes, fear of ‘total crisis’

By Monica Machicao LA PAZ (Reuters) – Housewife Yola Chura worried about high food prices while shopping at a market in Bolivia’s…
Stock

Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
Stock

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Stock

Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
Investing

USD/MXN forecast ahead of Fed and Banxico rate decisions

The USD/MXN exchange rate has moved sideways in the past few weeks as traders eye the upcoming Federal Reserve and Banxico interest…
Investing

USD/TRY surged to a record high: will it make it a comeback?

The USD/TRY exchange rate has had another difficult year as actions of Turkey’s central bank failed to reboot the currency. The pair…
Investing

USD/RUB: Is it a good carry trade pair as BoR and Fed diverge?

The Russian ruble has remained under pressure this year as the impact of sanctions and a stronger US dollar continued. The USD/RUB…
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