Category Archives:
ArcelorMittal reports higher-than-expected Q3 profit
By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world's second-largest steelmaker, "continued to demonstrate structurally improved profitability," it said on Thursday after reporting higher-t...
Nov 09, 2023
Sony Q2 profit falls 29% on chip slump, bumps up FY sales view
By Sam Nussey TOKYO (Reuters) -Sony's operating profit fell 29% in the July-September quarter as the company was hit by a weaker performance at its image sensor and financial divisions. Profit for the...
Nov 09, 2023
SoftBank books $5.2 billion quarterly loss as investments and weak yen bite
TOKYO (Reuters) -SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter in the red, as it wrote down the value of some investments and a weak yen l...
Nov 09, 2023
Honda posts 31% Q2 operating profit jump, raises full-year forecast
TOKYO (Reuters) -Japan's Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United States and a weaker yen, and raised its ful...
Nov 09, 2023
Exclusive-South Africa to miss 2030 emissions goal as it keeps coal plants burning
By Promit Mukherjee JOHANNESBURG (Reuters) - South Africa will miss its binding 2030 carbon emissions targets under the Paris climate agreement, three senior government officials confirmed, as the cou...
Nov 09, 2023
Merck KGaA says FY profit to fall to lower half of target range
By Ludwig Burger FRANKFURT (Reuters) -Germany's diversified group Merck KGaA flagged that full-year operating earnings would likely be in the lower half of its target range on weak demand for specialt...
Nov 09, 2023
Analysis-Falling Treasury yields could turn Fed hawkish if financial conditions ease
By David Randall NEW YORK (Reuters) - Falling Treasury yields helped launch an explosive rebound in stocks and lifted U.S. government bonds from 16-year lows. Now some investors worry that further dec...
Nov 09, 2023
China’s e-commerce platforms not doing enough on climate -Greenpeace
SINGAPORE (Reuters) - China's top e-commerce platforms have made insufficient effort to steer consumers onto a more sustainable path that would help protect the environment and combat climate change, ...
Nov 08, 2023
China’s LONGi jumps on probe into Hillhouse unit’s stake transfer
SHANGHAI/HONG KONG (Reuters) - Shares of LONGi Green Energy Technology jumped on Thursday, after the company said an investment arm of Hillhouse was placed under regulatory probe for transferring shar...
Nov 08, 2023
Range-bound markets awaits Powell – again
A look at the day ahead in European and global markets from Ankur Banerjee An uneasy calm prevailed during Asian trade as investors digested a flurry of comments from central bank officials to look fo...
Nov 08, 2023
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