Page 1363 - Reuters

Credit Suisse cuts profit target as revenue set to fall short amid slowdown

The bank last month appointed new leadership to the division and aims to bolster its M&A activity by adding more bankers to advise deals in growth industries including technology and healthcare.

Huawei's CFO wins court fight to access more evidence on her arrest

Meng's team believes the papers will support its claim of an abuse of process

Reserve Bank of India February rate cut on a knife's edge: Reuters poll

RBI cited concern about near-term inflation when it took analysts and markets by surprise and kept it unchanged last week

Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price

Saudi Arabian Oil Co (Aramco), whose shares make their stock market debut at 0730 GMT, priced its record IPO last week, raising $25.6 billion

Boris Johnson on course to victory, even as margins thin: Pollster

YouGov said the uncertainty around the model was such that it was possible no party would win an overall majority

WTO chief 'very hopeful' of 2020 deals after appellate body collapse

Roberto Azevedo pledged to start immediate efforts to find a "permanent solution" for the Appellate Body

There's a deal! Mexico, Canada, US reach agreement to replace Nafta

President Andres Manuel Lopez Obrador said the three countries had agreed on tweaks to labour, steel and aluminium provisions in the USMCA

Saudi central bank closely monitoring Aramco IPO, ready for a cash crunch

Saudi banks extended huge loans for clients wanting to maximize their participation in the IPO, with some expanding lending to four times the official limit, sources have previously told Reuters.

Power demand falls for fourth straight month, down to 98.84 bn units in Nov

India's power demand fell 13.2% in October from a year ago, posting its steepest monthly decline in more than 12 years, reflecting a deepening growth slowdown in Asia's third-largest economy

Koovs to call in administrators as Future Lifestyle fails to invest $8.3 mn

Future Lifestyle Fashions, a part of Future Group, India's largest retail firm, is Koovs' largest investor

Heat, low prices hit Kenya's coffee crop; farmers shift to banana, avocado

Kenya's coffee production is tumbling - the U.S. Department of Agriculture forecasts the 2019/20 harvest will hit a 57-year low.

Swiss central bank's $800 bn could be used to tackle climate change

Swiss lawmakers are preparing a campaign that would make targeting climate change one of the policy objectives of the Swiss National Bank

Brexit, slowdown drag UK economic growth to seven-year low before polls

The approach of a Brexit deadline and the global economic slowdown hit Britain's factories and construction industry during the month, official data showed

BlackRock sees growth edging higher in 2020, limiting recession risks

BlackRock said it was turning neutral on US equities after their stellar performance this year, and was modestly underweight on European equities and European government bonds

Oil prices slide for second straight day as US-China tariff deadline looms

Data released on Sunday showed exports from China in November fell 1.1% from a year earlier, confounding expectations for a 1% rise in a Reuters poll.

Ahead of Modi-Abe summit, India asks Japan to reduce trade surplus

Bilateral trade between the two countries rose to $17.63 billion in 2018/19 from $10.9 billion in 2008/09. The trade balance widened to $7.9 billion in favour of Japan

WTO extends ban on tariffs for digital trade, India set to benefit

The decision came after talks ran late into Monday evening, two trade officials said

New e-commerce rules may choke online growth, caution Indonesian executives

The law also requires online marketplaces to store information in local data centers and for domain names to reflect Indonesia

Wettest monsoon in 25 years could lift 2020 wheat output to a record high

India received monsoon rains during the June-September season that were 10 per cent above average

Tougher bank rules since 2008 have not stifled lending: G20 watchdog

Banks are the main source of funding for small and medium sized enterprises (SMEs), especially in Europe, and they have long warned that overly burdensome rules would crimp lending