August 2023 – Page 28 – UAG Trade Asia

Pizza Firm DP Eurasia Files for Bankruptcy of Russian Business

August 21, 2023
Business
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Aug 21 Reuters DP Eurasia, which runs the Domino39;s Pizza brand in Turkey, Russia, Azerbaijan and Georgia, said on Monday it would file for bankruptcy of its Russian business, ending a sale process for the unit it started late last year. In December, the company said it was considering options for its Russian operations, including a divestment, […]

August 21, 2023
Business
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BENGALURU, Aug 21 Reuters Shares in India39;s Jio Financial Services JFS, carved out of billionaire Mukesh Ambani39;s Reliance Industries, fell as much as 5 on their trading debut on Monday, valuing the company at 1.58 trillion rupees 19 billion. JFS39; stock opened at 262 rupees and fell to a low of 248.90 rupees, with almost […]

August 21, 2023
Business
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LONDON, Aug 21 Reuters A Cargill chartered dry bulk ship has launched on its first voyage since being fitted with special sails, aiming to study how harnessing wind power can cut emissions and energy usage in the shipping sector, the U.S. commodities group said on Monday. The maritime industry which accounts for nearly 3 of […]

August 21, 2023
Oil
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China draws on record inventories amid high prices analysts Russia remains China39;s top crude supplier in July data China39;s July diesel exports surge data Aug 21 Reuters Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest […]

August 21, 2023
Finance
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MUMBAI, Aug 21 Reuters The Indian rupee was little changed on Monday despite a fall in Asian peers on likely intervention by the central bank. The rupee was at 83.10 to the dollar by 1122 a.m. IST, barely changed from Friday. The Chinese yuan, the Korean won and the Indonesian rupiah were all down 0.3. […]

August 21, 2023
Finance
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PREVIOUS TRADING DAY EVENTS 18 August 2023 According to the U.K. retail sales data released on Friday, volumes are estimated to have fallen by 1.2 in July 2023 following a rise of 0.6 in June 2023 revised from an increase of 0.7. This was a biggerthanexpected decline in sales in July. Retailers indicated that the […]

August 21, 2023
Finance
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LONDON, Aug 21 Reuters The dollar held firm on Monday following five straight weeks of gains, as investors looked ahead to the Federal Reserve39;s Jackson Hole symposium for guidance on where rates might settle when the dust of this hiking cycle clears. The U.S. dollar made a gain of 0.7 on the euro last week, […]

August 21, 2023
Politics
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ROME, Aug 18 Reuters The European Central Bank ECB is preparing to send a letter to Italy raising objections about the government39;s windfall tax on banks39; profits, the Corriere della Sera daily wrote on Friday. The letter will criticize the fact Rome announced the tax last week without previously informing either the Bank of Italy or the […]

August 21, 2023
Uncategorized
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LONDON, Aug 21 Reuters Asking prices for homes in Britain fell sharply this month as rising mortgage costs caused sellers to lower their expectations of what they can get for their properties, an industry survey showed on Monday. Website Rightmove said average asking prices for homes dropped by 1.9, the biggest monthly fall for August […]

August 21, 2023
Uncategorized
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ANKARA, Aug 20 Reuters Turkey39;s central bank began rolling back on Sunday a growing and costly scheme that protects lira deposits from FX depreciation, marking another move toward more orthodox policies following a shift toward interest rate hikes. The central bank said in the early hours on Sunday that it lifted targets applied to banks […]

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Pizza Firm DP Eurasia Files for Bankruptcy of Russian Business

Reliances Jio Financial Valued at 19B on Market Debut

Cargill Chartered Ship Sets Sail to Test Wind Power at Sea

Oil Rises on Lower OPEC Exports in August

Rupee Reacts Little to Fall in Asian Peers on Likely RBI Intervention

Fall in U.K. Retail Sales, USD Refuses to Weaken

Dollar Steady as China Disappoints, Traders Eye Jackson Hole Meeting

ECB to Raise Objections to Italys Windfall Tax on Banks Press

Asking Prices for UK Homes Drop Sharply Rightmove

Turkey Begins Rolling Back Costly FXProtected Deposits

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