Category Archives:
Marketmind: Fed day
A look at the day ahead in markets from Dhara Ranasinghe. A second straight 75 basis-point interest rate hike from the U.S. Federal Reserve later on Wednesday looks like a done deal. After all, when m...
Jul 27, 2022
Neoen Australia battery to provide grid stabilisation service in world first
MELBOURNE (Reuters) - Neoen SA has won approval for its big battery in South Australia to provide inertia service to stabilise the grid, a world first for battery energy storage in the push to replace...
Jul 27, 2022
Astronaut Buzz Aldrin’s Apollo 11 flight jacket fetches $2.8 million
(Reuters) - Apollo 11 astronaut Buzz Aldrin's flight jacket, which he wore on the historic mission to the moon in 1969, was sold for about $2.8 million in New York, auction house Sotheby's said. The j...
Jul 27, 2022
Strong results boost European shares ahead of Fed meeting; LVMH slides
(Reuters) - European shares inched up on Wednesday following strong results from Britain's Reckitt Benckiser and Russia-exposed lender UniCredit, while a drop in heavyweight luxury stock LVMH capped g...
Jul 27, 2022
Gartner forecasts chip sales growth to slow down in 2022, fall next year
By Supantha Mukherjee STOCKHOLM (Reuters) - IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall 2.5% next year, hurt by weak sales of ...
Jul 27, 2022
Indonesia runs road test for biodiesel with 40% palm oil
By Bernadette Christina JAKARTA (Reuters) - Indonesia on Wednesday launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by the end of the year whether they are vi...
Jul 27, 2022
Physical flows through Nord Stream 1 pipeline dip
BERLIN (Reuters) - Physical flows of gas through the Nord Stream 1 fell slightly early on Wednesday, ahead of an expected halving of deliveries later in the day, data from the pipeline's operator show...
Jul 27, 2022
Puma raises full-year revenue outlook after solid Q2
BERLIN (Reuters) - German sportswear maker Puma reported stronger than expected second-quarter earnings on Wednesday on "very strong growth" across its product range and raised its revenue outlook for...
Jul 27, 2022
Inditex founder Ortega buys 5% in Enagas’s renewable, hydrogen unit
MADRID (Reuters) - Fashion retailer Zara founder Amancio Ortega bought a 5% stake in Spanish gas grid operator Enagas's renewable and hydrogen unit Enagas Renovable, Enagas said on Wednesday. Ortega's...
Jul 27, 2022
Holcim hikes sales outlook on strong construction industry demand
By John Revill ZURICH (Reuters) - Holcim brushed off higher energy prices and rising interest rates to hike its full-year sales guidance on Wednesday after the world's largest cement maker beat second...
Jul 27, 2022
Peoria, IL, USA
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