January 2023 – Page 10 – UAG Trade Asia

Deutsche Bank Tops Brazilian Retailer Americanas Creditor List

January 25, 2023
Business
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SAO PAULO, Jan 25 Reuters Brazilian retailer Americanas SA reported 7,720 creditors and debt totaling nearly 8 billion within its restructuring process, a Rio de Janeiro court said on Wednesday, with Deutsche Bank topping the list of creditors. Americanas, backed by the billionaire trio that founded 3G Capital, entered bankruptcy protection last week after disclosing inconsistencies in its accounting, […]

January 25, 2023
Business
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ASML results exceeded expectations STOXX 600 set for best January since 2015 Hopes grow for soft economic landing EasyJet shares jump after upbeat outlook Microsoft results spread gloom on Wall Street LONDON, Jan 25 Reuters Earnings from major European companies on Wednesday offered some reasons for optimism about the region39;s corporate health, even as investors […]

January 25, 2023
Business
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Q4 net profit 1.82 bln euros analysts 1.70 billion Revenue 6.43 bln euros analysts 6.38 billion euros Order backlog record high 40 bln euros VELDHOVEN, Netherlands, Jan 25 Reuters ASML Holding NV, Europe39;s largest technology company, beat fourthquarter earnings forecasts on Wednesday and forecast a rise more than 25 in 2023 sales despite possible new […]

January 25, 2023
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BERLIN, Jan 25 Reuters The German government has revised up its economic forecast with Europe39;s largest economy now expected to narrowly avoid recession this year as inflation eases, according to its annual economic report published on Wednesday. It said gross domestic product was forecast to grow by 0.2 this year, up from the autumn forecast […]

January 25, 2023
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BERLIN, Jan 25 Reuters The international business community expects a challenging 2023 marked by geopolitical tensions, high inflation and the energy crisis, according to the Eurochambres global economic survey published on Wednesday. The report, based on the responses of trade and commerce organisations representing around 70 of world economic output, shows prolonged geopolitical tensions and […]

January 25, 2023
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LONDON, Jan 25 Reuters British income inequality rose to a threeyear high in the 202122 financial year after a dip during the coronavirus pandemic, but remains below peaks seen in the runup to the 2008 financial crisis, official figures showed on Wednesday. The median British household had aftertax income including wages, cash benefits and investment […]

January 25, 2023
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LONDON, Jan 25 Reuters Britain39;s official economic forecaster has told the government that it overestimated the prospects for mediumterm growth and that it intends to revise down its outlook, the Times newspaper reported on Wednesday. The newspaper said the downgrade would wipe out all of the government39;s 9.2 billion pound 11.34 billion headroom in the […]

January 25, 2023
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LONDON, Jan 25 Reuters Britain39;s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much higher it needs to take interest rates to fight soaring inflation. Output prices fell by 0.8 in December from November, the Office for National […]

January 25, 2023
Politics
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TORONTO, Jan 25 Reuters The Bank of Canada is expected to raise interest rates to a 15year high on Wednesday in the face of a tight job market and abovetarget inflation, but economists say the move could be the last in the current tightening cycle. A Reuters poll of economists shows that Canada39;s central bank will hike […]

January 25, 2023
Politics
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BOT hikes policy rate by 25 bps to 1.50, as expected Says rate hikes to continue in line with growth outlook Sees higher foreign tourist arrivals as China reopens Economists see at least one more rate hike BANGKOK, Jan 25 Reuters Thailand39;s central bank raised its key interest rate by 25 basis points for a […]

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Deutsche Bank Tops Brazilian Retailer Americanas Creditor List

Europe Inc Earnings Offer Market Optimists more Hope

ASML Beats Earnings Forecasts, sees 2023 Growth amid China Worries

Germany to Narrowly Avoid Recession in 2023 Govt Forecast

Global Economy seen Facing a Challenging Year Eurochambres

UK Income Inequality Widens after Pandemic Dip

UK Economic Forecaster to Downgrade MediumTerm Growth Outlook Times

UK Factories Cut Prices, Helping BoEs Inflation Fight

BoC Set for One More Rate Hike in Historic Tightening Campaign

Thai C.Bank Raises Key Rate as Economy Recovers, Flags Further Hikes

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