Category Archives:
Factbox-Gas and nuclear are ‘green’? Not so fast, say some investors
By Simon Jessop and Kate Abnett (Reuters) - The European Commission's draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the...
Jan 26, 2022
LG Display Q4 profit drops 30% on year, hit by lower TV panel prices
SEOUL (Reuters) - South Korea's LG Display Co Ltd posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of sma...
Jan 26, 2022
Analysis-Investor clash on gas and nuclear muddies EU green finance drive
By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are d...
Jan 26, 2022
Nidec posts 4.5% dip in third quarter profit
TOKYO (Reuters) - A Japanese maker of electric motors, Nidec Corp, posted on Wednesday a third-quarter operating profit of 44.3 billion yen, down from a corresponding figure of 46.4 billion a year ago...
Jan 26, 2022
Tissue maker Essity’s Q4 profit lags expectations
STOCKHOLM (Reuters) - Hygiene products maker Essity on Wednesday reported a bigger drop than expected in quarterly profit and said it did not expect costs for raw material, energy and distribution to ...
Jan 26, 2022
Chocolate market recovering says Barry Callebaut after sales volumes rise
ZURICH (Reuters) -Swiss chocolate maker Barry Callebaut confirmed its mid-term guidance on Wednesday after reporting an 8.9% rise in sales volumes in the three months to Nov. 30, helped by easier comp...
Jan 26, 2022
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger (Reuters) -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year...
Jan 26, 2022
To hike or not: It’s a toss up ahead of Bank of Canada rate decision
By Julie Gordon OTTAWA (Reuters) - Odds are split on whether or not the Bank of Canada will hike rates for the first time since 2018 on Wednesday, with Omicron's wrath seen potentially delaying the st...
Jan 26, 2022
Analysis-Investors worry about hawkish Fed hurting growth, even theorize over next recession
By Davide Barbuscia NEW YORK (Reuters) - Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem...
Jan 26, 2022
U.S. companies push Biden, Congress for caution on Russia sanctions
By Andrea Shalal and Timothy Gardner WASHINGTON (Reuters) - U.S. President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin invades Ukraine, but some big com...
Jan 26, 2022
Peoria, IL, USA
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