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Triton-controlled Crayfish takes 9.9% stake in Finnish constructor Caverion

(Reuters) – Crayfish Bidco Oy, a company controlled by Triton, said on Thursday it has bought a 9.9% stake in Finnish construction company Caverion Oyj, following the Swedish venture capital group’s $1.17 billion takeover bid on Tuesday. The move signals Triton’s strong commitment to the tender offer, Crayfish said. Triton on Tuesday offered Caverion shareholders …

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BoE’s Mann does not see risk of raising rates too high

By Andy Bruce MANCHESTER, England (Reuters) -The Bank of England is not at the point in its interest rate-rising cycle where it needs to worry about the risk of over-tightening, Monetary Policy Committee member Catherine Mann said on Thursday. “You have a lot of different ways of looking at it. My reading is we’re not …

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TSMC cuts 2023 capex after record Q4 as chip demand weakens

By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Taiwanese chipmaker TSMC warned on Thursday that first-quarter revenue would drop as much as 5% and it would slash annual investment as the major Apple Inc supplier expects softer demand due to a slowing global economy. The bearish outlook follows a forecast-beating 78% jump in fourth-quarter profit, …

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“La plata no alcanza”: Argentina reporta inflación del 94,8% en 2022

BUENOS AIRES, 12 ene (Reuters) -Miles de personas viajan diariamente hasta el Mercado Central de las afueras de Buenos Aires para conseguir mejores precios de alimentos que los ayuden a lidiar con una galopante inflación, que en 2022 fue del 94,8%. El Índice de Precios al Consumidor (IPC) de Argentina subió un 5,1% en diciembre …

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Walmart provides its GoLocal services to Salesforce clients

By Siddharth Cavale NEW YORK (Reuters) -Walmart Inc on Thursday said it has entered into a partnership with software giant Salesforce to provide its retail customers with store pickup and delivery services using Walmart’s vast transportation network. Retailers and other businesses which use Salesforce’s e-commerce platforms to host and manage their websites, will be able …

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UK PM Sunak meets Blackstone’s Schwarzman in Downing Street

By Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak met Blackstone Inc Chief Executive Stephen Schwarzman on Thursday, receiving one of Wall Street’s most prominent figures at his Downing Street office ahead of next week’s Davos summit. A Reuters reporter saw Schwarzman enter Downing Street, the site of the Prime Minister’s official residence, accompanied …

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Biden says first lady Jill doing well after skin surgery

WASHINGTON (Reuters) – First lady Jill Biden is doing well following her skin surgery, U.S. President Joe Biden told reporters on Thursday, one day after cancerous skin lesions were removed from her face and chest. “She’s doing really well. She was under a long time,” the president said. “She’s up. We had breakfast this morning. …

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Inflación de Argentina registra 5,1% en diciembre y trepa 94,8% en 2022: INDEC

BUENOS AIRES, 12 ene (Reuters) – El Índice de Precios al Consumidor (IPC) de Argentina subió un 5,1% en diciembre y saltó al 94,8% todo el año pasado, dijo el jueves el Instituto Nacional de Estadística y Censos (INDEC), convirtiéndose en uno de los países de mayor inflación en el mundo. El nivel inflacionario casi …

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Estimación cosecha soja Argentina cae a 41 million ton por sequía: Bolsa Cereales Buenos Aires

Por Maximilian Heath BUENOS AIRES, 12 ene (Reuters) -La cosecha de soja 22/23 de Argentina sería de 41 millones de toneladas, desde los 48 millones previstos anteriormente, debido a una grave sequía que impidió que muchos productores completaran siembras que iban a hacerse con la oleaginosa, dijo el jueves la Bolsa de Cereales de Buenos …

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Chinese embassy in UK: ‘Firmly opposed’ to Britain’s Hong Kong report

LONDON (Reuters) – China’s embassy in Britain said on Thursday it had lodged “stern representations” about the UK’s latest six-monthly report on Hong Kong, which criticised what it called the erosion of freedoms in the former British territory by China. “It distorted facts, grossly interfered in Hong Kong affairs, which are China’s internal affairs, and …

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