Emami posted its fiscal fourth quarter profit at Rs 144.43 crore, down 59.4 per cent as against Rs 355.96 crore in the fourth quarter of FY22. It posted revenue from operations at Rs 835.95 crore, up 8.8 per cent in comparison to Rs 768.19 crore in the corresponding quarter of last year. The company EBITDA … Read more
DUNKIRK, France — Emmanuel Macron couldn’t have hoped for a more engaging crowd. A group of women — workers with hard helmets and protective gear — were asking for a photo. “You’re being mobbed by the women of Aluminium Dunkerque!” they laughed. Standing amid the crowd of factory workers in the port city of Dunkirk, … Read more
Press play to listen to this article Voiced by artificial intelligence. HIROSHIMA, Japan — China on Saturday faced a strong pushback from the Group of Seven countries over its stances on Russia, Taiwan, trade bullying, economic monopoly and domestic interference, with the G7 leaders’ statement reflecting a broad convergence of the U.S., Europe and Japan … Read more
Press play to listen to this article Voiced by artificial intelligence. HIROSHIMA, Japan — As the leaders of the Group of Seven gather for their annual summit in Japan this week, three world-changing conflicts — past, present and potential — will converge. The atomic bomb that ended World War II destroyed much of the city … Read more
Press play to listen to this article Voiced by artificial intelligence. This article is part of the Politicization of Central Banking special report. AMSTERDAM — Global regulators can’t afford to just let crypto “burn out,” according to Klaas Knot — the man overseeing international efforts to bring the sector to heel. The crypto industry has absorbed some … Read more
Press play to listen to this article Voiced by artificial intelligence. AMSTERDAM — The world’s financial system needs a “massive adjustment” to cope with higher interest rates, and key rules will have to be revisited, according to a top global regulator. Klaas Knot, chair of the Financial Stability Board, an international standard-setting body, told POLITICO … Read more
Press play to listen to this article Voiced by artificial intelligence. PARIS — France’s feisty Economy Minister Bruno Le Maire has another opportunity to pick a fight with Washington as a sensitive investment screening case is about to land on his desk. The French government wants to prevent nuclear-submarine parts supplier Segault from falling into … Read more
BRUSSELS — Just when you thought Europe’s China policy could not be more disunited, the two most powerful countries of the European Union are now also at odds over whether to revive a moribund investment agreement with the authoritarian superpower. For France, resuscitating the so-called EU-China Comprehensive Agreement on Investment (CAI) is “less urgent” and “just not … Read more
Press play to listen to this article Voiced by artificial intelligence. LONDON — Joe Biden is not someone known for his subtlety. His gaffe-prone nature — which saw him last week confuse the New Zealand rugby team with British forces from the Irish War of Independence — leaves little in the way of nuance. But he … Read more
Press play to listen to this article Voiced by artificial intelligence. FRANKFURT ― The markets are jittery and inflation still needs taming. Coming together, those two things put the European Central Bank in a real bind. Fight one fire and it could cause the other to flare. The ECB can keep raising interest rates to … Read more