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TUI sees strong summer bookings as travel recovery gains momentum
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks ...
Syndicated Content Feb 14, 2023
Thyssenkrupp’s Q1 operating profit down 33% on lower steel prices
FRANKFURT (Reuters) - German warship-to-car parts conglomerate Thyssenkrupp on Tuesday said its operating profit fell by 33% in the first quarter, blaming lower prices for materials, including steel, ...
Syndicated Content Feb 14, 2023
Toshiba cuts full-year profit estimate, COO resigns
TOKYO (Reuters) - Japan's Toshiba Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time. It also said Chief Operating Offic...
Syndicated Content Feb 14, 2023
Cryptoverse: Punk apes and a resurrection of NFTs
By Medha Singh (Reuters) - It's alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain - which hosts most trading - jumped to $...
Syndicated Content Feb 14, 2023
Exclusive: After multi-billion U.S. fund collapse, Germany’s Allianz eschews risk for safe bonds
By Tom Sims and John O'Donnell FRANKFURT (Reuters) - For years, Allianz, one of the world's biggest investors, piled billions into property, wind farms and even London's sewage system, but now it is m...
Syndicated Content Feb 14, 2023
Exclusive-Chinese chip designer Unisoc seeks to raise $1.5 billion in private funding -sources
By Kane Wu, Josh Horwitz and Roxanne Liu HONG KONG/SHANGHAI (Reuters) - Chinese chip design company Unisoc (Shanghai) Technologies Co is seeking to raise 10 billion yuan ($1.5 billion) in a new fundin...
Syndicated Content Feb 14, 2023
Marketmind: Don’t break my heart
A look at the day ahead in European and global markets from Anshuman Daga Today's inflation numbers from the world's biggest economy on Valentine's Day will be one of the most important economic data ...
Syndicated Content Feb 13, 2023
Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
By Francesco Guarascio HANOI (Reuters) - Concerned Vietnam-based exporters are seeking to ensure they comply with a U.S. ban on imported products using raw materials from China's Xinjiang as lucrative...
Syndicated Content Feb 13, 2023
IKEA stores owner Ingka says campaigns help boost store visits and sales
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) - Price cuts at IKEA as well as promotional campaigns which the budget furniture giant normally doesn't do have boosted footfall and sales, the C...
Syndicated Content Feb 13, 2023
Moscow’s decades-old gas ties with Europe lie in ruins
By Vladimir Soldatkin NOVY URENGOY, Russia (Reuters) - Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravag...
Syndicated Content Feb 13, 2023
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