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Volvo Cars Q1 operating profit tops forecast
STOCKHOLM (Reuters) - Sweden-based automaker Volvo Car Group reported a smaller than expected fall in first-quarter operating earnings on Thursday and said overall demand remained healthy at global le...
Syndicated Content Apr 27, 2023
Swedbank Q1 profits beats expectations on better deposit margins
STOCKHOLM (Reuters) - Swedish bank Swedbank reported first-quarter net profit above market expectations on Thursday and said higher deposit margins had boosted results. The rival of Handelsbanken, SEB...
Syndicated Content Apr 27, 2023
Speed of US bank failures to play starring role in Fed, FDIC post-mortems
By Hannah Lang and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - Of all the facts that have emerged about last month's two U.S. bank busts - the unanswered warning letters from regulators, the ignor...
Syndicated Content Apr 27, 2023
Factbox-Fed, FDIC reviews of US bank failures to spotlight problems, fixes
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation's deposit insurance fund and shook confidence in the global financial system. On Friday the banks' regu...
Syndicated Content Apr 27, 2023
France’s Atos posts higher-than-expected Q1 sales
PARIS (Reuters) - Struggling French IT consulting firm Atos posted higher-than-expected quarterly sales on Thursday, driven by its cybersecurity and digital transformation unit Eviden. First quarter r...
Syndicated Content Apr 27, 2023
South Korea exports set for longest falling streak in over three years- Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's exports likely fell in April for a seventh consecutive month and their longest falling streak in more than three years, a Reuters survey showed on Thursda...
Syndicated Content Apr 27, 2023
Nordea Q1 profit tops forecast as interest rates rise
HELSINKI (Reuters) -The Nordic region's biggest lender Nordea posted a larger than expected gain in first-quarter operating profits on Thursday, on the back of rising interest rates and despite weaker...
Syndicated Content Apr 26, 2023
Japan ex-regulator head warns against excess regulation aimed at stopping digital bank runs
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) - Financial authorities must be mindful of the risk of excessive regulation aimed at preventing digital bank runs caused by online rumours and...
Syndicated Content Apr 26, 2023
Australia to overhaul immigration system, smooth entry for skilled workers
SYDNEY (Reuters) - Australia proposed on Thursday overhauling its immigration system to speed up getting highly skilled workers into the country and smoothening the path to permanent residency. The fe...
Syndicated Content Apr 26, 2023
Toyota edges past 9.1 million vehicle output goal, warns chip shortage lingering
TOKYO (Reuters) - Japan's Toyota Motor Corp set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption from global...
Syndicated Content Apr 26, 2023
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