Category Archives:
Analysis-Hint of a Fed pause opens door to Asia’s emerging markets
By Rae Wee and Harish Sridharan SINGAPORE (Reuters) - As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually poised to buy in Asia's emerging ...
Jul 28, 2022
Shell reports record profit of $11.5 billion
LONDON (Reuters) - Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices. The company also announced a ...
Jul 28, 2022
Stellantis posts record H1 results despite rising costs, chip headwinds
MILAN (Reuters) - Carmaker Stellantis on Thursday posted record results for the first half of the year despite headwinds including raw material inflation and semiconductor scarcity. The world's fourth...
Jul 28, 2022
Spirits maker Diageo posts 21.4% rise in full-year sales
LONDON (Reuters) -Johnnie Walker whisky maker Diageo on Thursday posted full-year sales up 21.4% as more people drank expensive spirits and bars reopened after pandemic lockdowns last year. Reported n...
Jul 28, 2022
Debt shadow may hang over Kenya’s next president
By Duncan Miriri NAIROBI (Reuters) - Kenya's economic output has more than doubled during President Uhuru Kenyatta's 10 years in office, but a debt binge that fuelled growth and investment could cramp...
Jul 28, 2022
Bears raise bets on Thai baht, dim view on other Asian FX eases – Reuters poll
By Sameer Manekar (Reuters) - Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly but remaine...
Jul 28, 2022
Analysis-As inflation soars, European consumer goods M&A slows
By Richa Naidu LONDON (Reuters) - As a cost-of-living crisis with no end in sight sends shockwaves through Europe, deals in the region's retail and consumer-products industries have slowed dramaticall...
Jul 28, 2022
Analysis-After another jumbo Fed hike, some investors see glimmers of hope
By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors are gauging whether the U.S. Federal Reserve has reached the peak of its aggressiveness in hiking rates, with some sayin...
Jul 28, 2022
ArcelorMittal Q2 earnings beat expectations, buys Brazil’s CSP
BRUSSELS (Reuters) - ArcelorMittal, the world's second-largest steelmaker, reported higher than expected second-quarter earnings on Thursday helped by sharply higher prices and announced it had agreed...
Jul 28, 2022
Spain’s Telefonica raises annual forecast, posts 320-million-euro Q2 profit
MADRID (Reuters) - Spanish telecom firm Telefonica on Thursday raised its annual revenue and earnings outlook and reported a net profit of 320 million euros ($326.50 million) for the second quarter. T...
Jul 28, 2022
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