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Continental lowers tires outlook on declining Europe, North America business
BERLIN (Reuters) -Continental lowered its outlook for its tires sector on Wednesday to 14-15 billion euros ($31.82 billion) from 14.5-15.5 billion previously, citing a declining market in the tire-rep...
Syndicated Content Aug 09, 2023
Adani Enterprises weighs exiting $6 billion Wilmar venture – Bloomberg News
(Reuters) -India's Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International, Bloomberg News reported on Tuesday, citing people familiar with the ...
Syndicated Content Aug 09, 2023
Honda posts 78% jump in Q1 operating profit
TOKYO (Reuters) - Japan's Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by both increased sales, especially in the North American market, and a weaker yen. Japan's second-b...
Syndicated Content Aug 09, 2023
Bottler Coca-Cola HBC beats profit estimates, lifts sales outlook
(Reuters) -Bottler Coca-Cola HBC beat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong sales and higher prices of its drinks. Demand for packaged fo...
Syndicated Content Aug 09, 2023
Florida player wins U.S. Mega Millions jackpot worth $1.58 billion
(Reuters) - A player in Florida won a $1.58 billion Mega Millions lottery jackpot on Tuesday, the lottery website showed. The winning numbers drawn were 13, 19, 20, 32, 33, and the Megaplier was 14, a...
Syndicated Content Aug 09, 2023
Sony Q1 profit falls 30.6%
TOKYO (Reuters) - Sony on Wednesday reported a 30.6% fall in first-quarter operating profit. Profit for the April-June quarter was 253 billion yen ($1.77 billion). That compared with an average estima...
Syndicated Content Aug 09, 2023
Explainer-Why Germany’s property sector is in the dumps
By Tom Sims FRANKFURT (Reuters) - Germany has long benefited from an era of cheap money that fuelled a decade-long boom in real estate, but now the sector is grappling with a major turn of fortune. In...
Syndicated Content Aug 09, 2023
Italy sets 0.1% cap for new bank tax after market rout
ROME (Reuters) - Italy has set a cap at 0.1% of total bank assets for the new tax targeting profits lenders reaped from higher rates, after the surprise announcement of the new levy sparked a market s...
Syndicated Content Aug 09, 2023
Chinese healthcare stocks hit by stepped up anti-graft crackdown
SHANGHAI (Reuters) - A year-long slump in China's healthcare stocks has accelerated this week as an anti-corruption campaign gathers pace, threatening the sales of some drug makers and medical equipme...
Syndicated Content Aug 09, 2023
Analysis-Rising bond yields emerge as pressure point for US stock rally
By Lewis Krauskopf NEW YORK (Reuters) - Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week's downgrade of th...
Syndicated Content Aug 09, 2023
Peoria, IL, USA
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