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As credit demand grows in India, banks may soon be scrambling for deposits
By Nupur Anand and Swati Bhat MUMBAI (Reuters) - Loan growth in India is at a three-year high and seen inching up further as economic activity gains traction but a much slower growth in deposits could...
Syndicated Content Jul 28, 2022
Shell, Total continue buyback bonanza after record profits
By Shadia Nasralla and Ron Bousso LONDON (Reuters) - Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already recor...
Syndicated Content Jul 28, 2022
Wary shoppers muddy outlook for tech, auto firms in Asia
By Joyce Lee and Satoshi Sugiyama (Reuters) - Asian tech firms from chipmaker Samsung to display panel maker LG Display warned of a sharp slowdown in demand for smartphones, TVs and gadgets as surging...
Syndicated Content Jul 28, 2022
Russia fines Snapchat owner for data law violation – Ifax
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - A Russian court on Thursday fined Snapchat owner 1 million roubles (...
Syndicated Content Jul 28, 2022
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) - Spain's jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months earlier, data from t...
Syndicated Content Jul 28, 2022
Upbeat earnings, Fed comments lift European shares to 7-week high
(Reuters) - European shares hit a seven-week high on Thursday as some concerns were eased about the pace of rate hikes by the U.S. Federal Reserve going forward, while a clutch of strong results inclu...
Syndicated Content Jul 28, 2022
Nissan first-quarter operating profit drops 14%
TOKYO (Reuters) -Nissan Motor Co's first-quarter operating profit fell 14% to 64.9 billion yen ($478.08 million), the Japanese carmaker said on Thursday, citing surging raw material costs and producti...
Syndicated Content Jul 28, 2022
Porsche listing plans on track, Volkswagen CFO says
BERLIN (Reuters) - Preparation for a listing of Volkswagen's sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker's chief financial officer said...
Syndicated Content Jul 28, 2022
Marketmind: Look on the bright side
A look at the day ahead in markets from Sujata Rao Fed boss Jerome Powell was reticent on the future policy-tightening path, so markets, ever optimistic, took it as a sign the U.S. central bank will p...
Syndicated Content Jul 28, 2022
Taiwan’s China Airlines eyes A330 replacement, future freighter options
By Jamie Freed (Reuters) - Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies and is also starting to examine next-generation frei...
Syndicated Content Jul 28, 2022
Peoria, IL, USA
81 °F Sunny
