Category Archives:
French Q3 preliminary GDP rises 3%, beating forecasts
PARIS (Reuters) - France's preliminary third quarter gross domestic product (GDP) rose 3% to beat market forecasts, the national statistics office said, as a pick-up in consumer spending and exports b...
Oct 29, 2021
Taiwan’s ProLogium raises $326 million for solid-state lithium mass production
SHANGHAI (Reuters) - ProLogium Technology Co, a Taiwanese battery maker, said on Friday it had raised a total of $326 million from Primavera Capital Group, SoftBank China Venture Capital and others, a...
Oct 29, 2021
Danske beats Q3 profit estimates but cuts ROE target
COPENHAGEN (Reuters) - Danske Bank adjusted its 2023 profitability target downward on Friday, after reporting better-than-expected third-quarter earnings, buoyed by high client activity. Danske, citin...
Oct 29, 2021
Daimler Q3 posts higher profit despite chip shortage
LONDON (Reuters) - Daimler AG on Friday reported a higher quarterly net profit despite a global semiconductor chip shortage that has pummeled the auto industry, as it focused on higher-margin cars and...
Oct 29, 2021
Flight comeback fuels Air France-KLM’s return to quarterly core profit
PARIS (Reuters) - Air France-KLM returned to core profits in the late summer, beating the Franco-Dutch airline group's own expectations as passenger numbers almost doubled thanks to easing coronavirus...
Oct 29, 2021
Cryptocurrency ether hits all time high of $4,400
HONG KONG (Reuters) - Ether the world's second largest cryptocurrency hit a all time high on Friday, a little over a week after larger rival bitcoin set its own record. The token, which underpins the ...
Oct 29, 2021
Analysis-Bank of Canada’s early lift-off warning may dampen housing boom fanned by speculators
By Nichola Saminather TORONTO (Reuters) - Canada's pandemic housing boom has attracted a larger-than-usual share of speculators, many of whom took advantage of falling variable mortgage rates to take ...
Oct 29, 2021
Analysis-‘When #shiba?’ ask Robinhood users hungry for dogecoin-like returns
By John McCrank and Tom Wilson NEW YORK/LONDON (Reuters) - Investors clamoring for Robinhood Markets to host shiba inu, a meme-inspired cryptocurrency that has soared in value this month, may need to ...
Oct 29, 2021
Detroit’s chip woes drag on U.S. economic growth
By Dan Burns (Reuters) - The U.S. auto sector's production slump this year is more than a big minus for Detroit - it's a major drag on the entire economy. Gross domestic product growth slowed to the w...
Oct 29, 2021
Spain’s Caixabank Q3 recurrent profit pro-forma rises 33% y/y on lower provisions
MADRID (Reuters) - Spain's Caixabank on Friday said its third-quarter recurrent profit rose 33% pro-forma against the same period a year ago due to lower loan loss provisions. Caixabank, which in Marc...
Oct 28, 2021
Peoria, IL, USA
47 °F Mist
