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Thai business group keeps 2022 growth outlook at 2.75 to 3.5%
BANGKOK (Reuters) - Thailand's leading joint business group said on Wednesday the economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports and tourism, but it faces risin...
Syndicated Content Aug 03, 2022
Infineon quarterly revenue beats, lifts 2022 outlook on chip demand
BERLIN/STOCKHOLM (Reuters) -Infineon, the leading supplier of microchips to the auto industry, on Wednesday reported a rise in third-quarter revenue and lifted its full-year outlook as it continues to...
Syndicated Content Aug 03, 2022
BMW sees earnings margin drop amid China JV consolidation
BERLIN (Reuters) - BMW saw a drop in its automotive margin on earnings before interest and taxes to 8.2% from 15.8% last year as the consolidation of its Chinese joint venture BMW Brilliance dampened ...
Syndicated Content Aug 03, 2022
Marketmind: Markets’ moment of truth
A look at the day ahead in markets from Anshuman Daga Markets are dealing with dual flashpoints today on inflation and cross-straits tensions. Fed speakers have put paid to market thinking they will l...
Syndicated Content Aug 03, 2022
Factbox-Economic sanctions China has imposed on Taiwan over Pelosi visit
BEIJING (Reuters) - China on Wednesday suspended exports of natural sand to Taiwan and halted imports of fruit and fish products from the self-governed island as U.S. House of Representatives Speaker ...
Syndicated Content Aug 03, 2022
Just Eat reports shrinking core loss, maintains profitability forecasts
AMSTERDAM (Reuters) - Just Eat Takeaway.com, Europe's largest meals delivery company, reported a smaller core loss for the first half of 2022 and revenue just below analysts' forecasts. Revenue came i...
Syndicated Content Aug 03, 2022
Siemens Healthineers Q3 earnings fall, confirms 2022 outlook
BERLIN (Reuters) - U.S.-German medical device maker Siemens Healthineers stuck with its outlook for the 2022 financial year on Wednesday as supply-chain headwinds and COVID-19 lock-downs pushed some s...
Syndicated Content Aug 03, 2022
Commerzbank swings to bigger-than-expected Q2 profit
FRANKFURT (Reuters) -Germany's Commerzbank said on Wednesday that it swung to a bigger-than-expected second-quarter net profit, helped by higher interest rates, and confirmed it was on track to meet i...
Syndicated Content Aug 03, 2022
India’s trade deficit to remain above $20 billion – Barclays
MUMBAI (Reuters) - India's trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, Barclays said. "While we still expect the tra...
Syndicated Content Aug 03, 2022
Insurer AXA announces new share buyback as H1 net profits edge higher
PARIS (Reuters) -French insurer AXA announced a new share buyback programme as it posted a 3% rise in first-half net profit, thanks to higher revenues from areas such as health insurance which outweig...
Syndicated Content Aug 03, 2022
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