Tag: Reuters: Money News

Morrisons, Britain’s No. 4 supermarket group, plans to cut 3,000 management jobs as part of a major restructuring of its workforce that will see 7,000 store jobs created, it said … Read More

Fiat Chrysler’s Jeep Grand Cherokee and Suzuki’s Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority … Read More

France and the United States agreed on Thursday how to press ahead with a global rewrite of cross-border tax rules for the digital era, French Finance Minister Bruno Le Maire … Read More

India’s HDFC Bank will retain global executive search firm Egon Zehnder to identify a successor to managing director Aditya Puri, the country’s top private lender said on Thursday.   – … Read More

Brazil will discuss with Saudi Arabia later this year the possibility of cooperation with OPEC, as it aims to become one of the world’s top five exporters during the next … Read More

Mexico is playing a risky game of hide and seek with the oil market.   – Reuters: Money News

India’s main stock indexes ended higher for the first time this week on Thursday, driven by gains in banking and energy stocks.   – Reuters: Money News

French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States. … Read More

Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$247.2 billion ($31.8 billion) in 2019, the second highest on record, the Hong … Read More

The European Central Bank must ditch negative interest rates because they are increasing inequality and damaging society, Deutsche Bank Chief Executive Christian Sewing said.   – Reuters: Money News