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Sony revises up full-year outlook, still misses analysts’ estimates
TOKYO (Reuters) - Japan's Sony Group Corp on Thursday raised its annual operating profit forecast by 1.7%, helped by its PlayStation game division, but the latest outlook still misses analysts' estima...
Syndicated Content Feb 02, 2023
Deutsche Bank Q4 profit surges in 3rd year of annual profit
FRANKFURT (Reuters) -Deutsche Bank's fourth-quarter profit surged, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and buoyant tr...
Syndicated Content Feb 02, 2023
ABB posts Q4 net profit of $1.13 billion, beating forecasts
ZURICH (Reuters) - ABB reported better than expected earnings for its fourth quarter on Thursday, posting net profit of $1.13 billion as the Swiss engineering and group said it expected strong growth ...
Syndicated Content Feb 01, 2023
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) - A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to further boost hopes of slowing rate hikes and a so-called ...
Syndicated Content Feb 01, 2023
Japan utilities boost efforts to cut coal import costs, improve energy security
By Yuka Obayashi TOKYO (Reuters) - Japanese power utilities are stepping up efforts to cut thermal coal import costs by switching to lower quality grades and widening import sources, company officials...
Syndicated Content Feb 01, 2023
Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
By Norihiko Shirouzu (Reuters) - Volvo Cars is gearing up for an electric blitz to convert all its mainstay models - three SUVs and two sedans - into electric vehicles and to introduce a luxury electr...
Syndicated Content Feb 01, 2023
Sony Group CFO Totoki to succeed Yoshida as president
(Reuters) - Sony Group Corp said on Thursday chief financial officer Hiroki Totoki would become president and chief operating officer on April 1 while retaining his current role. Incumbent president K...
Syndicated Content Feb 01, 2023
U.S. House committee to hold aviation safety hearing
By David Shepardson WASHINGTON (Reuters) - A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of the largest pilots union are among those who will t...
Syndicated Content Feb 01, 2023
Marketmind: Markets go all in for disinflation
By Wayne Cole SYDNEY (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Push back? What push back? The main theme ahead of the Fed announcement was that Chair Jerome P...
Syndicated Content Feb 01, 2023
Citigroup stops margin loans against India Adani’s securities – source
By Anshuman Daga SINGAPORE (Reuters) -Citigroup's wealth unit has stopped extending margin loans to its clients against securities of India's embattled Adani group, a source with direct knowledge of t...
Syndicated Content Feb 01, 2023
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