Category Archives:
UK public inflation expectations continue to ease in September -Citi/YouGov
(Reuters) - The British public's expectations for year-ahead inflation continued to ease in September, U.S. bank Citi said on Thursday as it published a monthly survey by market research company YouGo...
Oct 26, 2023
STMicro beats third quarter sales forecasts
(Reuters) -European chipmaker STMicroelectronics beat expectations on Thursday for third quarter sales, helped by demand from the automotive sector. However, the company, whose clients include Tesla a...
Oct 26, 2023
Siltronic narrows forecast sales slump
(Reuters) -Oct 26 (Reuters) - German chip equipment supplier Siltronic improved its sales outlook on Thursday based on stronger revenue seen in the fourth quarter, forecasting a less severe slump this...
Oct 26, 2023
BNP Paribas posts in-line Q3 profits as trading declines
By Mathieu Rosemain PARIS (Reuters) - BNP Paribas, the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in...
Oct 26, 2023
Mercedes-Benz expects to hit lower end of returns forecast for cars division
BERLIN (Reuters) -Mercedes-Benz expects the adjusted return on sales of its cars division for the full year to hit the lower end of its 12-14% forecast, the company said on Thursday, as it reported a ...
Oct 26, 2023
Analysis-Soaring Treasury yields threaten long-term performance of US stocks
By Lewis Krauskopf NEW YORK (Reuters) - Soaring U.S. Treasury yields are further boosting the appeal of bonds over stocks, deepening an already painful equity selloff while threatening to weigh on equ...
Oct 26, 2023
PwC Australia consultancy spin-off Scyne Advisory cuts 78 staff
By Lewis Jackson SYDNEY (Reuters) - Dozens of PwC Australia staff set to move across to spin-off consultancy Scyne Advisory will no longer have roles at the new firm and have been offered leave or tol...
Oct 26, 2023
Hyundai Motor’s Q3 net profit rises 151%, beats forecasts
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Thursday a 151% rise in third-quarter profit, boosted by solid sales of high-margin sport utility vehicles an...
Oct 25, 2023
StanChart Q3 profit slumps on China impairment charges
By Lawrence White and Selena Li HONG KONG/LONDON (Reuters) -Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much worse than analysts had expected, as it t...
Oct 25, 2023
Marketmind: ECB on hold, five’s alive in the US
A look at the day ahead in European and global markets from Tom Westbrook Soggy lending data and weak purchasing managers' surveys have reinforced what traders had already figured: Europe's hiking cyc...
Oct 25, 2023
Peoria, IL, USA
61 °F Rain
