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European shares open lower as U.S. inflation data looms; Ahold jumps
(Reuters) - European shares edged lower at the open on Wednesday on losses in technology stocks ahead of key inflation data from the United States, while gains in supermarket major Ahold Delhaize kept...
Aug 10, 2022
Demand for FX derivatives jumps as central banks prep rate rises- CME Group
LONDON (Reuters) - Demand for currency derivatives has shot up this year, data from CME Group showed on Wednesday, in a sign investors are positioning for hefty interest rate hikes from the U.S. Feder...
Aug 10, 2022
Thai central bank hikes key rate by 25 bps to tame inflation
BANGKOK (Reuters) - Thailand's central bank raised its key interest rate for the first time in nearly four years on Wednesday, lifting it by a quarter point as expected to fight surging inflation as t...
Aug 10, 2022
Trump signals he will testify in New York probe into business practices
By Kanishka Singh (Reuters) - Former U.S. President Donald Trump indicated he would testify on Wednesday in a New York investigation by the state's attorney general into his family's business practice...
Aug 10, 2022
ABN Amro’s quarterly profit beats estimates despite rising costs
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros ($485 million), as the release of previous impairme...
Aug 10, 2022
Aviva plans further capital return as H1 profit rises
LONDON (Reuters) - British insurer Aviva said on Wednesday it planned to give more money back to shareholders as it posted a better-than-expected 14% rise in first-half operating profit, helped by str...
Aug 10, 2022
Toshiba logs surprise quarterly operating loss on higher materials costs
TOKYO (Reuters) - Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials. ...
Aug 10, 2022
Apple supplier Foxconn’s Q2 profit up 12% on cloud demand
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Wednesday a 12% jump in second-quarter net profit, beating market estimates, helped by strong demand for its cloud computing products. The Taiw...
Aug 10, 2022
Wind turbine maker Vestas Q2 hit by higher costs
COPENHAGEN (Reuters) -Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs. Heightened competition, supply disruptions due to the pa...
Aug 10, 2022
Supermarket retailer Ahold shelves plan to spin off Bol.com
AMSTERDAM (Reuters) - Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an initial public offering (IPO) of its non-food retailer, Bol.com, because of unfavourable market ...
Aug 10, 2022
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