ECB to buy fewer bonds from polluting companies

The south facade of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 30, 2021. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Register FRANKFURT, Sept 19 (Reuters) – The European Central Bank will tilt its purchases of corporate bonds towards companies that emit less carbon, giving each firm a score … Read more

Explainer: How could the new US corporate minimum tax affect companies?

Aug 12 (Reuters) – The main revenue source in the new US tax, climate and drugs bill is a novel 15% corporate minimum tax aimed at stopping large, profitable companies from gaming the Internal Revenue Service code and slashing their tax bills to zero. The US House of Representatives was scheduled to vote on Friday … Read more

Wait and see: US companies curb investment as they await Fed moves

Aug 8 (Reuters) – Business investment appears to be an early victim of red-hot US inflation and rising interest rates. Nonresidential fixed investment, which is how the Commerce Department lumps together things like spending by businesses on new buildings and renovations of existing ones, slipped 0.1% on an annualized basis in the second quarter. This … Read more

Easing raw material costs promising for Indian consumer companies

Sachets of shampoo by Sunsilk, a Hindustan Unilever Limited (HUL) brand, hang on display at a shop in the old quarters of Delhi May 13, 2013. REUTERS/Mansi Thapliyal Register now for FREE unlimited access to Register NEW DELHI, Aug 3 (Reuters) – Softening commodity prices are holding out hope for Indian consumer-goods firms that … Read more

Analysis: Food delivery companies revamp for cost-of-living crunch

AMSTERDAM/NEW YORK, July 25 (Reuters) – When food delivery service Grubhub struck a deal with Amazon (AMZN.O) earlier this month, offering Prime customers a year’s free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub that will increase pressure on its competitors, was the latest example of a meal delivery company taking action … Read more

Czech companies’ inflation expectations jump in Q2 -central bank survey

Czech Crown coins are seen in front of a displayed logo of the Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS / David W Cerny / Illustration Register now for FREE unlimited access to Register PRAGUE, July 14 (Reuters) – Czech companies’ inflation expectations climbed to fresh highs in … Read more

Investors anxious about a recession look to US companies for guidance

NEW YORK, July 8 (Reuters) – As US companies open their books on the second quarter in the coming weeks, investors increasingly worried about a recession will be anxious to hear what executives say about how demand is holding up in the face of higher costs . Concerns over a possible recession have already driven … Read more