Tomasz Janowski

New York

Global News Desk Editor at Reuters

Journalist

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Articles

Swiss Inflation Turns Negative, Raising Likelihood of Negative Interest Rates

3 days ago | gurutrade.com | Tomasz Janowski

Swiss inflation falls to lowest level since COVID pandemic Markets see rate cut at next SNB meeting to 0%, possibly lower SNB has previously said it looks at mid-term data Inflation decline driven mainly by drop in import prices ZURICH, June 3 (Reuters) - Swiss inflation turned negative in May, marking the first decline in consumer prices for more than four years and adding pressure on the Swiss National Bank to cut its interest rate steeply later this month.
US court proceeds with Grifols defamation case against Gotham City, but narrows scope

1 week ago | today.westlaw.com | Javi West Larrañaga |Tomasz Janowski |Jonathan Stempel |Inti Landauro

MADRID (Reuters) -A New York court has found enough evidence to proceed with a defamation lawsuit filed by Grifols against short seller Gotham City Research, though it dismissed many of the Spanish pharmaceutical company's claims.
Exxon confident it will win dispute over Chevron-Hess deal

1 week ago | today.westlaw.com | Mark Porter |Franklin Paul |Tomasz Janowski |Sheila Dang

HOUSTON (Reuters) -The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three months, Exxon senior vice president Neil Chapman said...
UK's Hiscox names former Man Group CEO Peter Clarke as new chairman

1 week ago | today.westlaw.com | Sherry Jacob-Phillips |Tomasz Janowski |Yadarisa Shabong

(Reuters) -British insurer Hiscox said it had appointed Peter Clarke, former CEO of hedge fund Man Group, as chair designate on Thursday. Clarke will take over from interim chair Colin Keogh starting July 1.
French Economy Growth Confirmed at 0.1% in First Quarter

1 week ago | gurutrade.com | Michal Aleksandrowicz |Sharon Singleton |Tomasz Janowski

May 28 (Reuters) - France's economy grew slightly in the first quarter, final data from statistics office INSEE showed on Wednesday, confirming the preliminary reading of 0.1% that showed a rise in companies' inventories balancing out weak domestic demand and exports. The result was in line with an average forecast in a Reuters poll of 24 economists. French households' purchasing power increased by 0.3%, the same rate as in the previous quarter.
Exxon to Sell Majority Stake in Esso France to North Atlantic

1 week ago | inspectioneering.com | Alban Kacher |Jan Harvey |Tomasz Janowski

Energy major ExxonMobil (XOM.N) has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso (ESSF.PA), it said on Wednesday. The sale is expected to take place in the last quarter of this year, at a price of 149.19 euros ($168.82) per Esso share before distributions, or 32.83 euros after distributions, Esso said in a statement.
Russia's Sanctioned Tanker Group Sovcomflot Plunges to $393M Loss

2 weeks ago | gurutrade.com | Gleb Stolyarov |Alexander Marrow |David Evans |Tomasz Janowski

May 23 (Reuters) - Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle. The United States and the European Union imposed sanctions on Sovcomflot and its fleet in 2024 to try and reduce Russia's revenue from oil sales that it can use to finance its war in Ukraine.
Elliott wins two seats, Phillips 66 retains two seats in hotly contested board fight

2 weeks ago | today.westlaw.com | Louise Heavens |Paul Simao |Tomasz Janowski |Svea Herbst Bayliss

NEW YORK (Reuters) -Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, capping one of the biggest corporate boardroom battles of the...
BOJ Urged to Boost Bond Buying in Wake of Spike in Super-Long Yields

2 weeks ago | gurutrade.com | Leika Kihara |Jacqueline Wong |Tomasz Janowski

Some urge BOJ to buy more super-long JGBs, or terminate taper Most market players see no need to change overall taper plan BOJ urged to keep or slow taper pace in fiscal 2026 onward BOJ to finalise bond taper plan for fiscal 2026 onward in June TOKYO, May 20 (Reuters) - Some market players urged the Bank of Japan to increase buying of super-long bonds, or terminate tapering for that maturity, in the wake of sharp rises in their yields, the central bank said on Tuesday.
Exclusive-Citi to cut up to 200 tech contractor roles in China, sources say

3 weeks ago | today.westlaw.com | Selena Li |Tomasz Janowski |Sumeet Chatterjee

HONG KONG (Reuters) -Citigroup is cutting up to 200 information technology (IT) contractor roles in China, two people familiar with the matter said, as the bank looks to hire its own staff globally for such operations to improve risk management and...