Category Archives:
Uniqlo owner set for 26% profit surge on China rebound, yen slide
By Rocky Swift TOKYO (Reuters) - The Japanese operator of global clothing chain Uniqlo is expected to blow past last year's record profit when it reports results on Thursday, benefiting from a recover...
Oct 11, 2023
Drugmaker GSK settles California lawsuit on Zantac
(Reuters) -GSK on Wednesday said it had reached a confidential settlement on a litigation in California alleging that the British drugmaker's discontinued heartburn drug Zantac caused cancer. The tria...
Oct 11, 2023
Analysis-Use of weather derivatives surges as extreme climate events rock the globe
By Harry Robertson LONDON (Reuters) - Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on the weather, as they seek to protect them...
Oct 11, 2023
Column-Inured to edgy geopolitics, markets deflect risk :Mike Dolan
By Mike Dolan LONDON (Reuters) - The modest reaction of global markets to the shock of another Middle East war says more about an investment world already braced for more turbulent times than nonchala...
Oct 11, 2023
Malaysia’s DRB Hicom signs agreement with Geely on domestic auto hub
KUALA LUMPUR (Reuters) - Malaysian automaker DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive hub ...
Oct 11, 2023
Japan weather bureau says 90% chance of El Nino continuing into winter
TOKYO (Reuters) - Japan's weather bureau said on Wednesday the El Nino phenomenon is still continuing from spring and that there was a 90% chance it will persist through the northern hemisphere winter...
Oct 11, 2023
Analysis-China saves billions of dollars from record sanctioned oil imports
By Chen Aizhu and Muyu Xu SINGAPORE (Reuters) - China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' c...
Oct 10, 2023
Marketmind: Fed’s dovish shift welcomed; inflation’s next
A look at the day ahead in European and global markets from Tom Westbrook Stocks are up, U.S. interest rate expectations are getting tweaked lower and yields are in a downdraft after a handful of Fed ...
Oct 10, 2023
Chevron Australia, LNG unions make progress in talks – union official
SYDNEY (Reuters) - Talks to halt the resumption of strikes at Chevron's two liquefied natural gas (LNG) facilities in Australia made progress on Wednesday but stopped short of a deal to end months of ...
Oct 10, 2023
Singapore’s Q3 GDP likely to show persistent weakness- Reuters poll
By Xinghui Kok SINGAPORE (Reuters) - Singapore's economic growth in the third quarter is expected to remain sluggish as the central bank seeks to balance the task of containing inflation and shoring u...
Oct 10, 2023
Peoria, IL, USA
60 °F Partly cloudy
