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Rolls-Royce says it is managing inflation and supply chain disruption
LONDON (Reuters) -British aero-engineer Rolls-Royce said on Thursday it was managing rising inflation and supply chain disruption, and an improvement in its squeezed profit margin in the second half w...
Syndicated Content Aug 04, 2022
Australia’s “Big Four” banks raise mortgage rates after RBA hike
(Reuters) -Australia's "Big Four" banks raised their home loan variable interest rates on Thursday, after the country's central bank hiked rates earlier this week. Commonwealth Bank of Australia, Aust...
Syndicated Content Aug 04, 2022
Glencore to return $4.5 billion to shareholders
(Reuters) - Miner and trader Glencore said on Thursday it would return $4.5 billion to investors, after it reported half-yearly profit that more than doubled. The group's adjusted earnings before inte...
Syndicated Content Aug 04, 2022
Voestalpine warns outlook depends on continued gas supplies
BERLIN (Reuters) - Austria's Voestalpine warned on Thursday that it expected a significant cooling of the economy in the second half of its fiscal year and said its earnings guidance depended on Europ...
Syndicated Content Aug 04, 2022
Analysis-As inflation bites, Japan’s PM finds unlikely ally in labour unions
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) - As Japan faces its first major battle with inflation in decades, Prime Minister Fumio Kishida is extending a rare olive branch to labour unions,...
Syndicated Content Aug 04, 2022
Beiersdorf posts 10.5% organic sales growth in H1, affirms outlook
BERLIN (Reuters) - Nivea owner Beiersdorf posted 10.5% organic sales growth in the first half of the year, it said on Thursday, affirming its guidance for the full year. First-half sales grew to 4.48 ...
Syndicated Content Aug 04, 2022
Tenaris posts 167% rise in Q2 core profits
(Reuters) - Steel pipe maker Tenaris reported a 167% increase in core profit in the second quarter with sales improving sequentially also thanks to further pricing gains in North America and a recover...
Syndicated Content Aug 04, 2022
Adidas posts 28% decline in Q2 operating profit despite sales increase
BERLIN (Reuters) - Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in Russia, higher sup...
Syndicated Content Aug 04, 2022
Three missing, thousands ordered to evacuate as rain pounds northern Japan
TOKYO (Reuters) - At least three people were missing and thousands in northern Japan were ordered to evacuate on Thursday after torrential rains pounded the area, flooding roads and causing rivers to ...
Syndicated Content Aug 04, 2022
Bayer’s agriculture unit, consumer health drive outlook hike
FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Thursday lifted its 2022 earnings guidance on strong demand from farmers for its seeds and crop chemicals and higher sales of cons...
Syndicated Content Aug 04, 2022
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