Category Archives:
Pummelled by gas crisis, Germany’s Uniper posts $12.5 billion net loss
By Christoph Steitz and Tom Kckenhoff FRANKFURT/DUESSELDORF (Reuters) -German utility Uniper, which secured a 15 billion euro state bailout last month, reported a net loss of 12.3 billion euros ($12.5...
Aug 17, 2022
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) - Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks ahead for profits that...
Aug 17, 2022
Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) - Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global ene...
Aug 17, 2022
Marketmind: More doom and gloom looms for Europe
A look at the day ahead in European and global markets from Alun John Europeans will be hoping Wednesday's economic data will provide some respite after a string of negative headlines, but past form s...
Aug 17, 2022
Dubai airport sees passenger travel surge, hikes annual forecast
DUBAI (Reuters) - The operator of Dubai International said on Wednesday over 14 million passengers had travelled through the airport in the second quarter, and raised its forecast for the year to 62.4...
Aug 16, 2022
Musk says he was joking about buying Manchester United
(Reuters) - Billionaire Elon Musk was joking when he said he was going to buy English soccer club Manchester United, the entrepreneur said on Twitter on Wednesday. "No, this is a long-running joke on ...
Aug 16, 2022
Liz Cheney accuses Trump of ‘insidious lie’ about FBI search of his home
By Moira Warburton WASHINGTON (Reuters) - Republican Liz Cheney broadened her attack on Donald Trump after losing her Tuesday night primary, saying the former president was spreading an "insidious lie...
Aug 16, 2022
New Zealand central bank’s Orr does not expect recession
WELLINGTON (Reuters) - Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, adding that the central bank believed it was on top...
Aug 16, 2022
China’s Dianxiaomi raises $110 million in funding round led by SoftBank, Sequoia
(Reuters) - Chinese e-commerce software provider Dianxiaomi has raised $110 million in its latest funding round led by Sequoia China and SoftBank Group Corp's Vision Fund 2, an investor in the company...
Aug 16, 2022
Factbox-‘You’ll be glad you bought a flamethrower’: The tweets of Elon Musk
(Reuters) - Billionaire Elon Musk, the chief executive of electric automaker Tesla Inc and rocket company SpaceX, on Tuesday tweeted that he was buying soccer club Manchester United, without offering ...
Aug 16, 2022
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