Category Archives:
Founder of Taiwan’s Foxconn says China won’t attack if he’s president
TAIPEI (Reuters) - The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president a...
Apr 27, 2023
Delivery Hero sees 2023 GMV growth of 5-7%
(Reuters) - German online takeaway food company Delivery Hero on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV), citing a "promising start" to the second quarte...
Apr 27, 2023
BBVA’s Q1 net profit rises 39% on lending income and Mexico
By Jess Aguado MADRID (Reuters) - Spain's BBVA on Thursday said its first quarter net profit rose 39.4% from the same quarter in 2022 thanks to a solid performance in Mexico, its main market, which of...
Apr 27, 2023
J&J’s consumer unit named in talcum powder cancer claims – FT
(Reuters) - Johnson & Johnson's newly formed consumer health unit Kenvue has been named in claims that the company's talcum powder can cause cancer, the Financial Times reported on Thursday. Kenvue ha...
Apr 27, 2023
Pernod Ricard eyes strong Q4 after Q3 sales decline
PARIS (Reuters) - French spirits group Pernod Ricard reported a worse-than-expected decline in third quarter sales but said it was confident of delivering a strong performance over the 2022/2023 full ...
Apr 27, 2023
US ethanol industry expands focus to lower-carbon aviation sector
By Stephanie Kelly NEW YORK (Reuters) - The U.S. ethanol industry is lobbying the Biden administration to ensure lower-carbon aviation fuel made from ethanol will qualify for subsidies under the Infla...
Apr 27, 2023
Volvo Cars Q1 operating profit tops forecast
STOCKHOLM (Reuters) - Sweden-based automaker Volvo Car Group reported a smaller than expected fall in first-quarter operating earnings on Thursday and said overall demand remained healthy at global le...
Apr 27, 2023
Swedbank Q1 profits beats expectations on better deposit margins
STOCKHOLM (Reuters) - Swedish bank Swedbank reported first-quarter net profit above market expectations on Thursday and said higher deposit margins had boosted results. The rival of Handelsbanken, SEB...
Apr 27, 2023
Speed of US bank failures to play starring role in Fed, FDIC post-mortems
By Hannah Lang and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - Of all the facts that have emerged about last month's two U.S. bank busts - the unanswered warning letters from regulators, the ignor...
Apr 27, 2023
Factbox-Fed, FDIC reviews of US bank failures to spotlight problems, fixes
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation's deposit insurance fund and shook confidence in the global financial system. On Friday the banks' regu...
Apr 27, 2023
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