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Shashwat Awasthi

Bangalore

Deputy Editor in Charge, Asia Headline News at Reuters

Articles

  • 23 hours ago | reuters.com | Shashwat Awasthi |Emma Rumney

    A woman poses with a cigarette in front of Imperial Brands logo in this illustration taken July 26, 2022.

  • 5 days ago | marketscreener.com | Joanna Plucinska |Shashwat Awasthi

    (Reuters) -British Airways owner IAG reported better than expected first-quarter profit on Friday and maintained its outlook for 2025, with resilient demand helping to almost triple earnings year on year. Shares were up 2.5% at 0847 GMT, as analysts and investors expressed optimism about IAG's prospects and strategy, bolstered by a strong performance across its British Airways, Aer Lingus and Iberia brands.

  • 1 week ago | money.usnews.com | Shashwat Awasthi

    By Shashwat Awasthi(Reuters) -Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday. CEO Adrian Hallmark told analysts and reporters the company was considering further steps to navigate the evolving tariff landscape and would communicate potential updates to its pricing strategy in mid- to late-May.

  • 2 weeks ago | marketscreener.com | Shashwat Awasthi

    (Reuters) -Lloyds Banking Group's profits fell 7% in the first-quarter, hit by higher costs and impairment charges, and it set aside 100 million pounds ($133 million) for the impact of trade tariffs imposed by U.S. President Donald Trump. The broad economic outlook has become much more unpredictable as a result of the tariffs, prompting other major banks to warn about the fallout, including in terms of credit quality and loan demand.

  • 2 weeks ago | marketscreener.com | Shashwat Awasthi

    (Reuters) -Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday. CEO Adrian Hallmark told analysts and reporters the company was considering further steps to navigate the evolving tariff landscape and would communicate potential updates to its pricing strategy in mid- to late-May.