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H&M March-May local-currency sales unchanged, lag expectations
STOCKHOLM (Reuters) - Sweden's H&M reported on Thursday unchanged second-quarter sales measured in local currencies, slightly lagging expectations, and said cold weather held back demand. Analysts pol...
Syndicated Content Jun 15, 2023
Some 85% of Toyota shareholders voted to re-elect Toyoda at AGM
TOKYO (Reuters) - Some 85% of Toyota Motor's shareholders voted to re-elect Chairman Akio Toyoda to the automaker's board of directors at its annual general meeting, the company said in a regulatory f...
Syndicated Content Jun 15, 2023
Siemens to invest $2.2 billion to ramp up global production
By John Revill ZURICH (Reuters) - Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to me...
Syndicated Content Jun 15, 2023
Analysis-Vodafone and Hutchison’s UK mobile merger faces tough test yet
By Paul Sandle LONDON (Reuters) - It has taken months of tortuous negotiations for Vodafone and CK Hutchison to agree a deal to create Britain's biggest mobile operator, but from a regulatory standpoi...
Syndicated Content Jun 15, 2023
Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll
By Sameer Manekar (Reuters) - Investors cut back short bets on emerging Asian currencies as most local central banks maintained their hold stance on interest rates, but remained in bearish territory f...
Syndicated Content Jun 15, 2023
Hugo Boss lifts 2025 sales target
(Reuters) -German fashion house Hugo Boss on Thursday said it expected its sales to grow more by 2025 than it had originally envisioned, citing strong demand across its markets. The company forecast s...
Syndicated Content Jun 15, 2023
North Korean hackers create fake web portal, South’s spy agency says
SEOUL (Reuters) - North Korean hackers have set up a fake website that looks almost identical to the popular South Korean web portal Naver, marking a more sophisticated attempt to target users in the ...
Syndicated Content Jun 15, 2023
US startup Carbon Rivers says graphene is the answer to toxic tyre chemical
By Nick Carey and Barbara Lewis (Reuters) - Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup Carbon Rivers says, as pressure mounts on the auto industry to eliminate the wid...
Syndicated Content Jun 15, 2023
Philippines says China’s Yadea to invest $1 billion in EV battery plant
MANILA (Reuters) - China's Yadea Group Holdings, one of the world's biggest electric two-wheeled vehicle makers, plans to invest about $1 billion in a battery factory in the Philippines, the country's...
Syndicated Content Jun 15, 2023
Analysis – Investors on guard for market stress as Fed signals more hikes ahead
By Davide Barbuscia and David Randall NEW YORK (Reuters) - A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain exposur...
Syndicated Content Jun 15, 2023
Peoria, IL, USA
50 °F Partly cloudy
