Category Archives:
Mercedes-Benz says inventory to remain high in Q2 amid chip shortage
BERLIN (Reuters) - Mercedes-Benz said it expects inventories to remain high in the second quarter as supply chain bottlenecks hinder production and deliveries, with semiconductor supply still very vol...
Apr 27, 2022
French consumer confidence weaker than expected in April
PARIS (Reuters) - French consumer confidence fell more than expected in April although households' concerns about inflation in the coming month months eased, a monthly survey showed on Wednesday. The ...
Apr 27, 2022
Marketmind: Misfortune comes in threes… or fours and fives
A look at the day ahead in markets from Sujata Rao The bad news doesn't stop. Russia has upped the ante on European gas buyers, halting flows to Poland and Bulgaria for failing to pay in roubles. If e...
Apr 27, 2022
Shares of Indonesia’s GoTo extend fall as analysts warn on tech valuations
JAKARTA (Reuters) - Shares of Indonesia's biggest tech company PT GoTo Gojek Tokopedia Tbk fell on Wednesday by their maximum allowed amount of 6.45%, as analysts warned of a risk of further losses as...
Apr 27, 2022
Clariant wraps up whistleblower probe, swaps out CFO
ZURICH (Reuters) - Clariant has concluded its probe of whistleblowers' allegations that some staff manipulated accounts in 2020 and 2021 to help meet financial targets, finding no impact on sales and ...
Apr 27, 2022
Russia’s Gazprom halts gas supplies to Poland and Bulgaria
(Reuters) -Russian energy giant Gazprom on Wednesday halted gas supplies to Bulgaria and Poland for failing to pay for gas in roubles, the Kremlin's toughest response yet to the crippling sanctions im...
Apr 27, 2022
Thai finance ministry cuts 2022 GDP outlook over Ukraine war
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) - Thailand's finance ministry on Wednesday reduced its 2022 economic growth forecast to 3.5% from a previous forecast of 4.0%, due to the...
Apr 27, 2022
High demand pushes Puma’s Q1 results above expectations
FRANKFURT (Reuters) -German sportswear maker Puma reported stronger-than-expected first-quarter results on Wednesday as high demand from both retailers and consumers more than offset the impact of the...
Apr 27, 2022
Norway’s central bank to hold rates next week, raise in June- Reuters poll
OSLO (Reuters) - Norway's central bank will keep its benchmark interest rate on hold next week at 0.75% while confirming plans for a hike in June, a Reuters poll showed on Wednesday. Norges Bank said ...
Apr 27, 2022
German consumer morale falls to historic low heading into May – GfK
BERLIN (Reuters) - German consumer morale is projected to plunge to a historic low in May as the war in Ukraine leads to soaring costs for households and dashes hopes of a post-pandemic recovery, a su...
Apr 27, 2022
Peoria, IL, USA
69 °F Sunny
