Category Archives:
Honda posts 9% fall in Q1 profit, beats estimate
TOKYO (Reuters) - Japan's Honda Motor Co on Wednesday posted a better-than-expected 9% drop in first-quarter operating profit, squeezed by COVID-19 restrictions in China that curtailed production and ...
Aug 10, 2022
Norway’s core inflation rises more than expected
OSLO (Reuters) - Norway's core inflation jumped in July to its highest level in more than two decades, exceeding forecasts as the costs of food soared 7.6%, Statistics Norway data showed on Wednesday....
Aug 10, 2022
TUI says flight disruption costs weigh on Q3 results
(Reuters) -Holiday group TUI posted a third-quarter operating loss on Wednesday due to additional costs related to the air traffic disruptions across Europe, but said summer bookings were close to pre...
Aug 10, 2022
Dollar trades solidly in calm before CPI storm
By Tom Westbrook SINGAPORE (Reuters) - The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot tha...
Aug 10, 2022
Thai banks urged to freeze rates even if cbank hikes policy rate-Finance Minister
BANGKOK (Reuters) - Thailand's commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister said on Wednesday. The Ban...
Aug 10, 2022
Marketmind: Suspended in time
A look at the day ahead in markets from Anshuman Daga Are markets displaying signs of nervousness? Probably. Most asset classes show no big moves before Wednesday's release of U.S. CPI data. After las...
Aug 10, 2022
U.S. coal plants delay closures in hurdle for clean energy transition
By Timothy Gardner SHEBOYGAN, Wisc. (Reuters) - Travel brochures in Sheboygan, Wisconsin, tout the town's beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave out a ...
Aug 10, 2022
E.ON cuts value of Nord Stream 1 stake by more than half
FRANKFURT (Reuters) -E.ON, Europe's largest operator of energy networks, on Wednesday cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million), citing "h...
Aug 10, 2022
U.S. consumer price growth expected to slow due to lower gasoline costs
By Lindsay Dunsmuir (Reuters) - U.S. consumer prices are expected to have risen at a much slower pace in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief f...
Aug 10, 2022
Prudential half-year operating profit up 8% as sales recovered
By Selena Li HONG KONG (Reuters) -Prudential Plc's operating profit rose 8% in the first six months of 2022, the Asia-focused insurer said on Wednesday, as life insurance sales bounced back from a COV...
Aug 09, 2022
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