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Volkswagen to focus on improved net cash flow in H2
BERLIN (Reuters) -Volkswagen will concentrate on improving net cash flow in the second half as logistics bottlenecks ease, the German carmaker said on Thursday, even as it slightly lowered its 2023 ou...
Syndicated Content Jul 27, 2023
China’s video game player population rises to a record at end-June
By Josh Ye HONG KONG (Reuters) - China's video game player has grown to a record of 668 million, a government-run game industry association said on Thursday, as the world's biggest gaming market retur...
Syndicated Content Jul 27, 2023
STMicroelectronics posts higher Q2 sales helped by automotive demand
(Reuters) -European chipmaker STMicroelectronics on Thursday projected improvement in third-quarter sales as it slightly beat market expectations for the second quarter, defying earlier downbeat state...
Syndicated Content Jul 27, 2023
Nestle beats first-half organic sales expectations
LONDON (Reuters) -Nestle improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world's biggest packaged food company again raised prices to co...
Syndicated Content Jul 27, 2023
South Korea export downturn seen worsening on weak China demand: Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on Thursday, signalling a bumpy road towards r...
Syndicated Content Jul 27, 2023
Most European firms have no revenue or capex aligned with EU green criteria – analysis
By Tommy Wilkes LONDON (Reuters) - Nearly two-thirds of European companies do not have any revenue that meets the EU's list of climate-friendly activities, and half have no planned capital expenditure...
Syndicated Content Jul 27, 2023
Wegovy weight-loss injection factory plagued by sterile-safety failures
By Maggie Fick LONDON (Reuters) - The factory that fills the self-injection pens for booming weight-loss drug Wegovy has repeatedly breached U.S. sterile-safety rules in recent years and staff have fa...
Syndicated Content Jul 27, 2023
Mercedes-Benz: stabilising supply chains boost orders, subdued economy still weighs
(Reuters) - Mercedes-Benz forecast on Wednesday a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group ...
Syndicated Content Jul 27, 2023
Renault returns to net profit in H1
(Reuters) - French car maker Renault on Thursday posted an operating margin of 7.6% for the first half year, it's highest ever, helped by cost reductions and new products. The company, whose brands in...
Syndicated Content Jul 27, 2023
Analysis-US bond investors brace for shift in market as rate peak elusive
By Davide Barbuscia and David Randall NEW YORK (Reuters) - U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after ...
Syndicated Content Jul 27, 2023
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