Gas starts flowing to Poland through the new Baltic Pipe pipeline

WARSAW, Oct 1 (Reuters) – Gas started flowing to Poland through the new Baltic Pipe pipeline from Norway via Denmark and the Baltic Sea on Saturday morning, Polish gas pipeline operator Gaz-System said. The pipeline is at the center of Poland’s strategy to diversify its gas supplies away from Russia that began years before Moscow’s … Read more

Intel’s Mobileye files for listing in first sign of thawing tech IPO market

Sept 30 (Reuters) – Intel Corp’s (INTC.O) self-driving unit Mobileye on Friday unveiled its filing for a US initial public offering, testing support for a high profile stock debut even as the market for new issues has virtually collapsed. The tech IPO market globally is in the middle of its worst drought in almost two … Read more

Thai policy tightening to be gradual as recovery slow – chief

BANGKOK, Oct 1 (Reuters) – Thailand’s economy recovery remains intact but slow, so monetary policy tightening should be gradual to ensure a smooth recovery while fighting surging inflation, the central bank chief said on Saturday. Southeast Asia’s second-largest economy is expected to return to its pre-pandemic growth rates late this year or early next, Sethaput … Read more

Sweden resumes arms exports to Turkey after NATO membership bid

OSLO/STOCKHOLM, Sept 30 (Reuters) – Sweden’s Inspectorate of Strategic Products (ISP) said on Friday it reversed a ban against exporting military equipment to Turkey, following the Nordic country’s decision to join the NATO military alliance and agreement to overcome Turkish objections. The Sweden and Finland sought membership to NATO earlier this year following Russia’s invasion … Read more

EU antitrust regulator scraps 6-year probe into Czech Rail

BRUSSELS, Sept 30 (Reuters) – EU antitrust regulators have dropped a six-year old investigation into Czech railway company Ceske drahy (CD) after failing to find evidence of wrongdoing, the European Commission said on Friday. The EU competition enforcer opened an investigation in 2016 and followed it up with charges in 2020, accusing Ceske drahy of … Read more

HSBC kicks off informal investor talks for Indonesian business IPO

HONG KONG, Sept 30 (Reuters) – HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. Executives at HSBC Indonesia have met with a group of fund managers in Singapore since last week to discuss details of the … Read more

Russian ruble leaps to 8-year high vs euro as market awaits sanctions

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Sept 30 (Reuters) – The rouble soared to its highest in almost eight years against the euro on Friday, with investors anxious that more sanctions against Moscow could limit foreign currency trading as Russia prepared to annex … Read more

Hong Kong retail sales slip 0.1% in August

HONG KONG, Sept 30 (Reuters) – Hong Kong’s August retail sales slipped 0.1% from a year earlier amid a high base of comparison, government data showed on Friday. Sales decreased to HK$28.6 billion ($3.64 billion), having grown 4.1% in July. In volume terms, retail sales fell 2.9% year-on-year in August. That compares with a revised … Read more

China forex regulator warns against illegal money outflows

BEIJING, Sept 30 (Reuters) – China’s foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack down on fake forex transactions in authorities’ latest effort to stabilize the sliding yuan. The State Administration of Foreign Exchange (SAFE) listed 10 “typical” cases of misdeeds in a statement on its … Read more

Pizza company DP Eurasia posts H1 sales growth

Sept 30 (Reuters) – DP Eurasia (DPEU.L), which runs the Domino’s Pizza brand in Turkey and Russia, said on Friday its sales jumped 66% in the first six months of the year, helped by strategic pricing and sustained volume performance . Before adjustments for hyperinflation in Turkey, sales at the group’s own stores and franchise … Read more