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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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content Jul 20, 2022
Givaudan confirms mid-term targets, works to pass on higher prices
ZURICH (Reuters) - Givaudan confirmed its mid-term targets on Thursday after organic sales grew 6.2% in the first half of the year, helped by strong demand for flavours and improving sales of perfumes...
Syndicated Content Jul 20, 2022
Nord Stream 1 gas pipeline nominations show rise for Thursday -operator website
(Reuters) -Nominations on the Nord Stream 1 pipeline for gas flows from Russia into Germany were at 29,284,591 kwh/h for 0600-0700 CET, from zero previously, data from the operator's website showed. D...
Syndicated Content Jul 20, 2022
India’s top carmaker hopes govt will support ‘green’ tech beyond EVs
By Aditi Shah NEW DELHI (Reuters) - India's top-selling carmaker, Maruti Suzuki, believes the government will show support for "green" car technology beyond full electric vehicles (EVs), such as hybri...
Syndicated Content Jul 20, 2022
Thai exports seen up 6-7% this year – Export-Import Bank
BANGKOK (Reuters) - Thailand's exports are expected to rise 6% to 7% this year, the pace slowing in the second half amid higher inflation and freight rates, the Export-Import Bank of Thailand said on ...
Syndicated Content Jul 20, 2022
Explainer-Ukraine pushes for debt freeze to dodge hard default
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its dwindling financial resou...
Syndicated Content Jul 20, 2022
Peoria, IL, USA
70 °F Partly cloudy
