Category Archives:
HSBC installs Communist party committee in China brokerage unit – FT
(Reuters) - HSBC Holdings Plc has established a Chinese Communist party committee (CCP) within its securities brokerage unit in the country, Financial Times reported on Thursday, citing two people fam...
Jul 21, 2022
France’s Thales lifts full-year guidance on strong H1 performance
By Dagmarah Mackos (Reuters) - French defence and technology group Thales SA on Thursday raised its annual forecast for order intake and sales growth on the back of robust activity across all its segm...
Jul 21, 2022
Nokia’s quarterly operating profit beats view on 5G gear demand
STOCKHOLM (Reuters) - Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market expectations, boosted by strong demand for 5G gear from phone companies. Sec...
Jul 21, 2022
Roche core operating income up 9% in Q2
(Reuters) - Roche's second-quarter adjusted operating income rose a better-than-expected 9% on higher sales of diagnostic tests and pharmaceuticals. Core operating income, which is adjusted for one-of...
Jul 21, 2022
Tissue maker Essity’s profit just beats forecasts
STOCKHOLM (Reuters) - Hygiene products group Essity posted on Thursday a second-quarter profit slightly above market expectations and said further price increases would be carried out in the second ha...
Jul 21, 2022
SAP’s quarterly revenue beats estimates, trims 2022 profit outlook
STOCKHOLM (Reuters) - SAP reported second-quarter revenue growth of 13% on Thursday, beating estimates on a boost from its cloud business, although the German business software group trimmed its profi...
Jul 21, 2022
ABB Q2 profit plunges on legacy charges and decision to quit Russia
ZURICH (Reuters) - ABB reported a 50% drop in shareholders' profit during its second quarter as the Swiss engineering and technology company took hefty charges from exiting fringe businesses and its d...
Jul 21, 2022
Japan’s Renesas CEO says no plans to build chip production facilities in U.S
By Jane Lanhee Lee SAN JOSE, Calif (Reuters) - Japanese semiconductor maker Renesas Electronics Corp. has no plans to build chip factories in the United States and will continue to expand production i...
Jul 20, 2022
Exclusive: Taiwan central bank seen making ‘timely’ adjustments, but not sudden off-cycle hike
By Liang-sa Loh TAIPEI (Reuters) - Taiwan's central bank will make timely adjustments to monetary policy considering both global moves and domestic economic performance, but is not in a rush to raise ...
Jul 20, 2022
Hyundai Motor Q2 net profit rises 59%, beats estimates
SEOUL (Reuters) - Hyundai Motor Co posted on Thursday a 59% rise in second-quarter profit as a weak won lifted the value of its earnings abroad and demand remained strong for the South Korean automake...
Jul 20, 2022
Peoria, IL, USA
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