British chemical firm Ineos nears deal to buy Sika assets – Bloomberg News

(Reuters) -British chemical firm Ineos is nearing a deal to buy assets being sold by Sika AG to appease antitrust regulators, Bloomberg News reported on Sunday, citing people familiar with the matter. In December, Sika and Germany-based MBCC Group received UK regulatory approval for their 4.5 billion pound ($5.50 billion) merger on the condition they …

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China growth seen rebounding to 4.9% in 2023, more stimulus on the cards

By Kevin Yao BEIJING (Reuters) -China’s economic growth is likely to rebound to 4.9% in 2023, before steadying in 2024, a Reuters poll showed, as policymakers pledge to step up support for the COVID-ravaged economy. Gross domestic product (GDP) likely grew just 2.8% in 2022 as lockdowns weighed on activity and confidence, according to the …

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Analysis: BOJ’s yield curve control in danger as policy backfires

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) is under pressure to change its interest rate policy as soon as Wednesday, after the central bank’s attempt to buy itself breathing room backfired, emboldening bond investors to test its resolve. Unlike other central banks that have been aggressively raising rates to battle inflation, …

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Japan’s sharp wholesale price rise heaps pressure on BOJ’s ultra-easy policy

By Leika Kihara TOKYO (Reuters) -Japan’s annual wholesale prices rose at a faster-than-expected pace in December, data showed on Monday, adding to recent growing signs of inflationary pressure that could force the central bank to raise interest rates soon. The 10.2% year-on-year rise in the corporate goods price index (CGPI), which measures the price companies …

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Colombia arresta a dos personas mas sospechosas de contratar a quienes asesinaron a fiscal paraguayo

BOGOTÁ, 15 ene (Reuters) – Dos personas más sospechosas de planear, pagar y contratar a quienes asesinaron en mayo en Colombia al fiscal paraguayo Marcelo Pecci fueron capturadas y puestas a órdenes de un juez, informó el domingo el fiscal general colombiano. El funcionario paraguayo de 45 años, conocido por luchar contra el crimen organizado, …

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Exclusive-Russian oil shipped to Asia in Chinese supertankers amid ship shortage

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE (Reuters) -At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance. China, the world’s top oil importer, …

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