Category Archives:
Roche Q1 sales down 7% as COVID-related business wanes
(Reuters) - Swiss drugmaker Roche said first-quarter sales dropped 7% on falling demand for its COVID-19 therapies and diagnostics kits. Quarterly group revenue fell to 15.3 billion Swiss francs ($17....
Apr 26, 2023
One in five cars sold this year will be electric – IEA
BERLIN (Reuters) - Electric cars are expected to make up nearly one-fifth of the global market this year, according to the International Energy Agency's (IEA) outlook report for the electric vehicle m...
Apr 26, 2023
Analysis-Debt ceiling worries bubble up in US stock options market
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Worries over a debt ceiling showdown are creeping into U.S. options markets, as investors grow increasingly concerned that lawmakers will be unable to hammer ...
Apr 26, 2023
French company Safran keeps 2023 outlook as Q1 sales rise
PARIS (Reuters) - France's Safran kept its 2023 financial outlook unchanged as it reported sharp growth in quarterly revenues, buoyed by a swift recovery in air traffic demand. Safran, which provides ...
Apr 26, 2023
LG Display posts 4th consecutive quarterly loss on weak gadget demand
SEOUL (Reuters) - South Korean display panel maker LG Display posted on Wednesday its fourth consecutive quarterly loss, as global demand for electronic devices such as computers and monitors remained...
Apr 25, 2023
Handelsbanken scores profit beat as interest income climbs
STOCKHOLM (Reuters) -Swedish bank Handelsbanken reported first-quarter net profit above market expectations on Wednesday on the back of climbing interest income and said its credit quality remained go...
Apr 25, 2023
Taiwan seen slipping into recession in Q1- Reuters poll
TAIPEI (Reuters) - Taiwan's export-dependent economy likely slipped into a recession in the first quarter, a Reuters poll showed on Wednesday, weighed down by sluggish demand for technology products a...
Apr 25, 2023
Marketmind: Wowed by tech, worried by banks
A look at the day ahead in European and global markets from Vidya Ranganathan The steady stream of bad news from banks continues to cast a pall over markets this week, even as global tech giants surpr...
Apr 25, 2023
Thai March exports fall 4.2% y/y but not as weak as forecast
BANGKOK (Reuters) - Thailand's customs-based exports contracted for a sixth straight month in March, falling 4.2% from a year earlier, the commerce ministry said on Wednesday, as global demand slows. ...
Apr 25, 2023
U.S. Senators to introduce bipartisan bill mandating code of ethics for Supreme Court – WSJ
(Reuters) - U.S. senators Angus King and Lisa Murkowski will introduce a bipartisan bill on Wednesday requiring the U.S. Supreme Court to create its own code of conduct within a year, following media ...
Apr 25, 2023
Peoria, IL, USA
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