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Siemens Energy warns of deeper net loss over Russia restructuring
FRANKFURT (Reuters) - Siemens Energy, which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 200 million euros ($...
Syndicated Content Aug 08, 2022
Japan intends to keep stake in Sakhalin-1 oil project – industry minister
By Yuka Obayashi TOKYO (Reuters) - Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Weste...
Syndicated Content Aug 07, 2022
Porsche and Piech families seek driving seat at Volkswagen – sources
By Jan Schwartz HAMBURG (Reuters) - Volkswagen's controlling shareholder families aim to keep Europe's top carmaker on a shorter leash and want greater say over strategic matters in what marks a power...
Syndicated Content Aug 07, 2022
New Zealand’s near-term inflation expected to slow, central bank survey shows
WELLINGTON (Reuters) - New Zealand's near-term rate of inflation is expected to slow in the third quarter of 2022, a survey showed on Monday. The Reserve Bank of New Zealand's (RBNZ) quarterly survey ...
Syndicated Content Aug 07, 2022
Carlyle CEO Kewsong Lee steps down
(Reuters) - Private equity firm Carlyle Group Inc said on Sunday its chief executive officer (CEO) Kewsong Lee, 56, has stepped down with immediate effect months before the scheduled end of his five-y...
Syndicated Content Aug 07, 2022
Baidu bags China’s first fully driverless robotaxi licenses
BEIJING (Reuters) - China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their k...
Syndicated Content Aug 07, 2022
Dollar extends gains against yen as big Fed hike bets ramp up
By Kevin Buckland TOKYO (Reuters) - The dollar extended it best rally against the yen since mid-June on Monday, buoyed by higher Treasury yields after blockbuster U.S. jobs data lifted expectations fo...
Syndicated Content Aug 07, 2022
Argentina’s economy chief names new energy secretary
BUENOS AIRES (Reuters) - Argentina's economy chief Sergio Massa appointed on Sunday a new head of the energy secretariat, which in recent years has doled out multi-million dollar subsidies that have l...
Syndicated Content Aug 07, 2022
Oil slides amid recession fears, slow recovery in China imports
By Florence Tan SINGAPORE (Reuters) - Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China's crude imports ...
Syndicated Content Aug 07, 2022
Japan bank lending picks up on demand to meet rising material costs
By Leika Kihara TOKYO (Reuters) - Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw material costs a...
Syndicated Content Aug 07, 2022

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