Category Archives:
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
Lloyds offers extra support to 2 million customers as cost rises hit hard
By Iain Withers and Sinead Cruise LONDON (Reuters) - Britain's biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need ext...
Jul 14, 2022
Ericsson’s second-quarter core profit misses estimates
STOCKHOLM (Reuters) - Sweden's Ericsson, under the shadow of bribery investigations, on Thursday reported a rise in second-quarter core earnings but missed expectations as increased component and logi...
Jul 14, 2022
Bank SEB’s Q2 net profit beats expectations
STOCKHOLM (Reuters) - Swedish bank SEB reported a smaller drop than forecast in net profit for the second quarter on Thursday and said credit losses were likely to remain at a low level for the full y...
Jul 14, 2022
U.S. gasoline prices are finally falling. Why?
By Laura Sanicola (Reuters) - After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world's largest user of the fu...
Jul 14, 2022
Pepco revenue rises as inflation-hit shoppers lean on discount stores
BENGALURU (Reuters) -Poundland and Dealz owner Pepco Group on Thursday posted a 17.1% rise in third-quarter revenue as cash-strapped shoppers fuelled demand at its discount stores. Revenue rose to 1.2...
Jul 14, 2022
Philippines Finance Minister says economy robust enough to absorb aggressive rate hike
MANILA (Reuters) - The Philippine economy continues to be robust to absorb the 75 basis points increase in the central bank's benchmark interest rates, given an expansion in economic activity early th...
Jul 13, 2022
U.S. venture capital dealmaking slows on economic uncertainty
(Reuters) - Venture capital dealmaking in the United States dipped in the first half of 2022, as investors shied away from signing large checks for startups due to uncertain macroeconomic conditions a...
Jul 13, 2022
Peoria, IL, USA
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