Author: JobBroker

Argentina says it struck deal with creditors over $65 billion debt
LONDON (Reuters) - Recession-hit Argentina said on Tuesday it had reached a deal with three creditor groups to restructure $65 billion (49.69 billion [...]

China’s hog futures set to make debut, but faces big challenges
SHANGHAI (Reuters) - China’s long-awaited live hog futures contract is almost ready, offering a vital hedging tool for the world’s largest pork indust [...]

PizzaExpress plans to shut 15% of UK outlets, cut over 1,000 jobs
(Reuters) - Privately held restaurant group PizzaExpress said on Tuesday it could shut nearly 15% of its UK restaurants, putting 1,100 jobs at risk, a [...]

Euro zone producer prices return to rise month-on-month, beat expectations
BRUSSELS (Reuters) - Euro zone producer prices rose in June on a monthly basis slightly more than expected, ending their falling trend started in Febr [...]

London stocks hit by weak Diageo, Babcock earnings
(Reuters) - Weak quarterly earnings reports from spirits maker Diageo and engineer Babcock pressured London-listed stocks on Tuesday, while BP tracked [...]

Britain’s royal family wish Meghan happy birthday amid rift
LONDON (Reuters) - Britain’s royal family wished happy birthday to Meghan, the Duchess of Sussex, wife of Prince Harry, via Twitter on Tuesday in a sh [...]

World shares hit five-month high; European shares, dollar falter
LONDON (Reuters) - European shares fell after opening higher, following a mixed bag of earnings results, while the dollar’s rebound stalled as investo [...]

Marathon Petroleum sells Speedway to 7-Eleven owner for $21 billion
(Reuters) - Marathon Petroleum (MPC.N) has agreed to sell its Speedway gas stations in the United States to Japanese retail group Seven & i Holdings ( [...]

Cheaper cocoa may not be a recipe for lower chocolate prices
LONDON (Reuters) - Chocolate fans will not necessarily benefit from predictions of a fall in cocoa prices this year. A Reuters poll of London cocoa fu [...]

Russia scraps plans to avoid double taxation with Cyprus: ministry
MOSCOW (Reuters) - Russia's Finance Ministry said on Monday it was scrapping a proposal to avoid double taxation with Cyprus.
The Mediterranean isl [...]