Category Archives:
ArcelorMittal’s Q3 profit beats expectations on energy savings
BRUSSELS (Reuters) - ArcelorMittal, the world's second largest steelmaker, on Thursday reported higher than expected third-quarter earnings as cost cutting and energy savings offset declining demand. ...
Nov 10, 2022
Sberbank 10-month net profit tops 50 billion roubles under RAS, CEO says
(Reuters) - Russia's largest lender Sberbank's net profit for the first ten months of the year exceeded 50 billion roubles ($811.7 million) under Russian accounting standards, its chief executive said...
Nov 10, 2022
Deutsche Telekom raises guidance after bumper Q3
BERLIN (Reuters) - Deutsche Telekom nudged up its full-year guidance on Thursday as the U.S. dollar's appreciation helped buoy third-quarter profit and its T-Mobile USA business added customers. The t...
Nov 10, 2022
Hurricane Nicole bears down on Florida’s Atlantic coast
By Brian Ellsworth MIAMI (Reuters) - Hurricane Nicole closed in on Florida's Atlantic shoreline early on Thursday with a brew of heavy downpours, fierce winds and a treacherous surge of ocean surf tha...
Nov 10, 2022
Credit Agricole Q3 profit beats forecast despite asset outflows
PARIS (Reuters) - Credit Agricole joined French and European rivals in reporting higher than expected profits in the third quarter, driven mainly by a rise in corporate loans and consumer finance reve...
Nov 10, 2022
Biden’s COP27, G20 plans: Talk to Xi, pressure Russia, contain North Korea
By Nandita Bose and Steve Holland WASHINGTON (Reuters) - President Joe Biden starts a week-long trip to Egypt and Asia on Thursday to grapple with some of the United States' thorniest foreign policy i...
Nov 10, 2022
Merck KGaA’s earnings beat consensus on lab equipment, drug sales
By Ludwig Burger FRANKFURT (Reuters) - German healthcare and chemicals group Merck KGaA on Thursday reported better-than-expected quarterly earnings on higher revenues from pharmaceuticals and biotech...
Nov 10, 2022
Zurich Insurance sees $550 million hit from Hurricane Ian
ZURICH (Reuters) - Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, it said on Thursday while reporting property and casualty premiums rose 8% to $33.5 billion in the ...
Nov 10, 2022
Marketmind: Red wave
A look at the day ahead in European and global markets from Tom Westbrook The outcome of the U.S. midterm elections remains inconclusive - short of the Republican sweep some had expected. The "red wav...
Nov 10, 2022
Analysis-Separation anxiety over Renault’s five-way split
By Gilles Guillaume PARIS (Reuters) - Analysts seeking less complexity from Renault at its investor day this week were disappointed to find that CEO Luca de Meo will split the company into five autono...
Nov 10, 2022
Peoria, IL, USA
50 °F Mist
