Category Archives:
France’s Atos reports in-line sales in H1, expects to burn cash in full year
PARIS (Reuters) - Loss-making French IT consulting firm Atos reported first-half sales in line with expectations but said it would burn close to half a billion euros in 2022 as it adopts a transformat...
Jul 27, 2022
UniCredit plans new buyback, boosts outlook after surprise profit rise
MILAN (Reuters) -UniCredit on Wednesday said it would complete a proposed share buyback it had put on hold pending more clarity on the hit from Russia, while improving its outlook for the year after a...
Jul 27, 2022
French lawmakers back financing for inflation-relief package
PARIS (Reuters) - President Emmanuel Macron's government secured parliamentary backing for the financing of a 20 billion euros ($20.30 billion)inflation relief package and tax breaks, to help househol...
Jul 27, 2022
Lufthansa ground staff start walkout in Germany in pay dispute
BERLIN (Reuters) - Ground staff of Deutsche Lufthansa went on a strike early on Wednesday, prompting the cancellation of more than 1,000 flights and adding to travel disruptions during the busy summer...
Jul 27, 2022
Toyota suspends some Japan factory output over COVID outbreak
TOKYO (Reuters) - Toyota Motor Corp has suspended night shift operations at one production line of its Takaoka factory in central Japan because of a COVID-19 outbreak, the company said on Wednesday. T...
Jul 27, 2022
Mercedes-Benz raises outlook after higher Q2 earnings
BERLIN (Reuters) - Mercedes-Benz expects a significant rise in revenues and slightly higher earnings in 2022 than last year, raising its outlook as the firm reported on Wednesday an 8% jump in second-...
Jul 27, 2022
Deutsche Bank extends profit streak in Q2
FRANKFURT (Reuters) -Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit as investment banking revenues rose, figures on Wednesday showed. Net profit attributable to sharehol...
Jul 27, 2022
S. Korea central bank member affirms tightening outlook, notes downside risks
SEOUL (Reuters) - A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since downside risks to both export...
Jul 27, 2022
Fed to unveil another big rate hike as signs of economic slowdown grow
By Howard Schneider WASHINGTON (Reuters) - With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shi...
Jul 27, 2022
Analysis-Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?
By David Randall NEW YORK (Reuters) - As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long U.S. stock market rally that follow...
Jul 27, 2022
Peoria, IL, USA
60 °F Partly cloudy
