Category Archives:
Vedanta seeks free land, cheap water, power in race to be India’s first chipmaker-sources
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) - In a race to become India's first chip maker, Vedanta Ltd is seeking 1,000 acres (405 hectares) of free land from states and other incentives...
Apr 28, 2022
India launches antitrust raids on Amazon sellers Cloudtail, Appario -sources
NEW DELHI (Reuters) - India's antitrust body launched raids at two top sellers of Amazon.com Inc over violations of domestic competition laws, two sources with direct knowledge of the matter said. Wed...
Apr 28, 2022
Syngenta first-quarter sales up 26% as farmers make early purchases
ZURICH (Reuters) - Syngenta Group increased first-quarter sales by 26% as farmers bought seeds and sprays early to avoid possible shortages later in the year, the Swiss agrochemicals company said on T...
Apr 28, 2022
Glencore lowers full-year production guidance for copper, zinc, cobalt
LONDON (Reuters) - Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove outpu...
Apr 28, 2022
Swiss National Bank posts $34 billion loss as bond losses bite
ZURICH (Reuters) - The Swiss National Bank reported a first quarter loss of 32.8 billion Swiss francs ($33.75 billion), the central bank said on Thursday, as lower bond prices and the higher franc den...
Apr 28, 2022
Japan’s ANA posts Q4 operating loss, says outlook improving
TOKYO (Reuters) - Japanese airline ANA Holdings logged a fourth-quarter operating loss, hit hard by the country's COVID curbs but forecast a return to a profit this financial year as domestic demand r...
Apr 28, 2022
HelloFresh sheds investor worries with Q1 jumpstart
(Reuters) - German meal-kit maker HelloFresh reported better-than-expected preliminary results for the first quarter just before market close on Wednesday, followed by full results on Thursday. Group ...
Apr 28, 2022
UBS’s Chin steps down as China head, to be replaced by Qian -source
HONG KONG (Reuters) - UBS Group's China country head David Chin has stepped down from the role but will remain the bank's head of investment banking for Asia Pacific, according to a source with direct...
Apr 28, 2022
Unilever posts 7.3% rise in first-quarter underlying sales
LONDON (Reuters) - Unilever Plc on Thursday reported a 7.3% increase in first-quarter underlying sales, beating analyst expectations as the maker of Dove soap and Ben & Jerry's ice cream hiked prices ...
Apr 28, 2022
Barclays Q1 profit slides 8%, puts buyback on hold
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported a better than expected 8% fall in first quarter profits on Thursday, but put share buyback plans on hold pending discussions with...
Apr 28, 2022
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