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Chinese automakers sold 75% of EVs in Southeast Asia in Q1 – study
By Devjyot Ghoshal BANGKOK (Reuters) - Chinese automakers dominated Southeast Asia's fast-growing electric vehicle market, selling three out of every four EVs in the first quarter, research firm Count...
Syndicated Content Jul 20, 2023
Truist misses profit estimates amid bigger credit-loss provisions
(Reuters) - Truist Financial missed estimates for second-quarter profit on Thursday, as the bank set aside more rainy-day funds to cover for potential defaults in a tough economy. Banks have begun to ...
Syndicated Content Jul 20, 2023
Fans flock to Hong Kong to mark 50th anniversary of Bruce Lee’s death
By Joyce Zhou and James Pomfret HONG KONG (Reuters) - Fans from Hong Kong and around the world gathered at the feet of a Bruce Lee statue on Thursday to pay tribute to the late kung fu legend on the 5...
Syndicated Content Jul 20, 2023
Some U.S. companies still failing to meet conflict minerals rules, GAO says
NAIROBI (Reuters) - Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours are still failing to properly authenticate that the metals ...
Syndicated Content Jul 20, 2023
BoE reports second-biggest usage of short-term liquidity repo
LONDON (Reuters) - The Bank of England allotted 1.2 billion pounds ($1.55 billion)of one-week funds in its short-term repo (STR) operation on Thursday, the second-largest usage of the facility since i...
Syndicated Content Jul 20, 2023
EU clears French and German green subsidies for top steelmakers
By Tassilo Hummel, Christoph Steitz PARIS/FRANKFURT (Reuters) -The European Commission cleared two major subsidy packages from France and Germany to support their top steelmakers - ArcelorMittal and T...
Syndicated Content Jul 20, 2023
J&J-spinoff Kenvue forecasts upbeat annual profit on strong self-care demand
(Reuters) -Kenvue, the former consumer health unit of Johnson & Johnson, forecast full-year profit above Wall Street estimates on Thursday, betting on resilient demand for its skincare and self-care p...
Syndicated Content Jul 20, 2023
J&J expects cancer drugs, medical devices to drive growth in 2023
(Reuters) -Johnson & Johnson forecast 2023 profit above Wall Street estimates on Thursday, banking on demand for its cancer drugs such as Darzalex and the strength in its medical devices business. Sha...
Syndicated Content Jul 20, 2023
Paris success in attracting London banks boosts balance of payments
PARIS (Reuters) - France's post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country's balance of payments, the central bank ...
Syndicated Content Jul 20, 2023
India’s Infosys cuts FY outlook in challenging environment after Q1 profit miss
BENGALURU (Reuters) - Indian software services provider Infosys on Thursday cut its full-year revenue growth outlook, due to a challenging environment, after reporting first quarter profit below estim...
Syndicated Content Jul 20, 2023
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