Category Archives:
Emerging nations warn high energy costs could threaten emissions targets
NUSA DUA, Indonesia (Reuters) - Indonesia and India on Thursday underscored a call by emerging nations for more climate change financing, warning that rising energy prices due to the Ukraine war would...
Jul 14, 2022
Marketmind: Euro at parity and talk of a 100 bps U.S. rate hike
A look at the day ahead in markets from Dhara Ranasinghe. After staring parity against the dollar in the face for days, the euro finally broke the key level -- to the palpable relief of traders (and f...
Jul 14, 2022
Top South Korean shipper HMM to invest $11.5 billion over 5 years for expansion
SEOUL (Reuters) - Hyundai Merchant Marine (HMM), South Korea's largest container shipping company by sales, said on Thursday it plans to invest 15 trillion won ($11.46 billion) over the next five year...
Jul 14, 2022
TSMC’s Q2 profit up 76%, beats market estimates
TAIPEI (Reuters) -Taiwanese chip maker TSMC posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage. Taiwan Semiconductor M...
Jul 14, 2022
Finnish elevator maker Kone cuts 2022 outlook after weak China sales
HELSINKI (Reuters) - Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to among other things weak second-quarter sales in China, which were hit by COVID-19 lockdow...
Jul 14, 2022
Norway’s Aker Solutions raises 2022 revenue outlook
OSLO (Reuters) -Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook as it sees increased activity from oil and gas companies, with tender activity heading for a new record, it s...
Jul 14, 2022
SAS and pilots’ unions set for more talks as strike enters 11th day
STOCKHOLM (Reuters) -A pilots' strike at SAS that has affected hundreds of thousands of holiday travellers entered its 11th day on Thursday as unions and the airline were set to continue talks over a ...
Jul 14, 2022
U.S. solar prices soared over 8% in 2nd qtr -report
(Reuters) - U.S. solar energy prices rose 8.1% in the second quarter as projects were stalled by a Commerce Department investigation into tariffs on products from Southeast Asia and soaring input cost...
Jul 14, 2022
Deutsche Telekom announces 17.5 billion euro sale of tower business
BERLIN (Reuters) -Deutsche Telekom announced on Thursday that it would sell 51% of its tower business to a consortium of Canada's Brookfield and private equity group DigitalBridge Group Inc after they...
Jul 14, 2022
Swatch Group sticks to outlook as H1 sales, profit advance
ZURICH (Reuters) -Swatch Group stuck to its forecast that sales would rise at a double-digit rate this year after reporting on Thursday increasing first-half profit and sales, helped by the success of...
Jul 14, 2022
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