Category Archives:
U.S. gasoline prices fall below $4 for first time since March
By Laura Sanicola (Reuters) - The average price of U.S. retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving some relief to drivers in the world's largest consumer...
Aug 11, 2022
Asian currency bears retreat as inflation view improves – Reuters poll
By Sameer Manekar (Reuters) - Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on the Thai baht falling sharply after the ...
Aug 11, 2022
Google opposes Facebook-backed proposal for self-regulatory body in India -sources
By Aditya Kalra NEW DELHI (Reuters) - Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints, though the proposal has suppor...
Aug 11, 2022
Miner Antofagasta’s profit slumps on costs, drought
By Clara Denina LONDON (Reuters) - Antofagasta posted a fall in half-year profit on Thursday, as higher costs, lower grades and a persistent drought in Chile hit the miner's copper production. It said...
Aug 11, 2022
China’s July vehicle sales jump 30%, industry body says
SHANGHAI (Reuters) -China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incenti...
Aug 11, 2022
Dutch insurer Aegon raises forecasts for capital, cashflow
(Reuters) -Aegon raised its forecasts for full-year operating capital generation and 2021-2023 free cashflow on Thursday as the insurer exceeded analysts' estimates with a second-quarter operating res...
Aug 11, 2022
German minerals group K+S maintains annual outlook on soaring potash prices
(Reuters) - Potash and salt miner K+S reiterated its full-year core profit guidance on Thursday, as it expects soaring prices to offset the impact of a potential gas shortage in Germany. The group con...
Aug 11, 2022
Hapag-Lloyd more than trebles H1 net profit, sees economic uncertainty
FRANKFURT (Reuters) - German container shipper Hapag-Lloyd on Thursday posted a net profit of 8.7 billion euros ($8.94 billion) for the first half of 2022, more than three times the number a year earl...
Aug 11, 2022
Coca-Cola HBC flags one-time $195 million hit from Russian operations
(Reuters) - Coca-Cola HBC AG said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first-half due to costs related to its business in Russia after it stopped sale o...
Aug 11, 2022
Siemens’ writedown pushes company into first loss since 2010
By John Revill ZURICH (Reuters) - Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the...
Aug 11, 2022
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