Category Archives:
Commerzbank reports fivefold Q4 beat thanks to consumer business
FRANKFURT (Reuters) - Germany's Commerzbank said on Thursday it swung to a far better-than-expected fourth-quarter and 2021 net profit despite undergoing a major overhaul thanks to an uptick in its cu...
Feb 17, 2022
Insurer NN Group reports 5% drop in H2 operating profit
AMSTERDAM (Reuters) - NN Group, the largest insurer in the Netherlands, on Thursday reported a 5% drop in core profit over the second half of last year to 917 million euros ($1.04 billion), as claims ...
Feb 17, 2022
G20 must push relief to avoid debt crises – experts, campaigners
By Joe Bavier and Rachel Savage JOHANNESBURG/LONDON (Reuters) - Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing world, e...
Feb 17, 2022
Visa reaches agreement with Amazon over payment fees
(Reuters) - Visa Inc cards will be accepted at all Amazon.com Inc stores and sites as part of a global agreement, the payments giant said late on Wednesday. Amazon said last November that it would sto...
Feb 16, 2022
Airbus posts sharply higher core profit and restarts dividend
PARIS (Reuters) - Europe's Airbus predicted 720 plane deliveries and higher profits in 2022 after core operating profit almost trebled last year on a partial recovery in jet deliveries and higher defe...
Feb 16, 2022
Taiwan, with eye on China, to boost protection for its semiconductor secrets
TAIPEI (Reuters) - Taiwan's government proposed on Thursday a new law to prevent China from stealing its chip technology, amid rising concern in Taipei that Beijing is stepping up its economic espiona...
Feb 16, 2022
Norway’s AutoStore posts 58% rise in Q4 revenue, raises 2022 goal
OSLO (Reuters) -Norwegian robotics firm AutoStore Holdings on Thursday posted a 58% year-on-year rise in revenue for the fourth quarter of 2021 and said this year's revenue is set to grow more than pr...
Feb 16, 2022
IBM spinoff Kyndryl signs ‘beachhead’ networking deal with Nokia
By Supantha Mukherjee STOCKHOLM (Reuters) - Kyndryl, the former infrastructure services business of IBM, signed a deal with Nokia to help automate factories by bringing in cloud computing and artifici...
Feb 16, 2022
Despite challenges, Asia’s aerospace industry plots rebound at air show
By Chen Lin and Aradhana Aravindan SINGAPORE (Reuters) - As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market begins to recover despit...
Feb 16, 2022
El Salvador’s Bukele tells bitcoin-wary U.S. senators to stay out of internal affairs
By Nelson Renteria MEXICO CITY (Reuters) - President Nayib Bukele on Wednesday asked U.S. senators to stay out of El Salvador's "internal affairs" after they called for an investigation into the econo...
Feb 16, 2022
Peoria, IL, USA
38 °F Partly cloudy
