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UK companies may face ‘action’ if they downplay climate risk, watchdogs say
By Huw Jones LONDON (Reuters) - Some of Britain's top listed companies could be downplaying risks from climate change on their bottom line and could face "appropriate action", regulators said on Frida...
Syndicated Content Jul 29, 2022
Italy’s Ali Group sees shelter from economic storm in Welbilt deal
By Maria Pia Quaglia MILAN (Reuters) - Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will bring $100 ...
Syndicated Content Jul 29, 2022
Toyota group company CFO casts doubt on automaker’s output goal
TOKYO (Reuters) - Toyota Tsusho Corp, part of the Toyota group, does not expect Toyota Motor Corp to meet its target to produce a record 9.7 million vehicles worldwide this business year, an executive...
Syndicated Content Jul 29, 2022
Kenya’s cohesion watchdog gives Meta 7 days to comply with regulations
NAIROBI (Reuters) - Kenya's ethnic cohesion watchdog has given Meta's Facebook seven days to comply with regulations after a report of violations on the social media platform in relation to next month...
Syndicated Content Jul 29, 2022
Chevron posts record profit, lifts buyback guidance
By Sabrina Valle HOUSTON (Reuters) - Chevron Corp increased its share buyback guidance on Friday after posting its biggest quarterly earnings ever, built on strong fuel margins and high prices for nat...
Syndicated Content Jul 29, 2022
Global equity funds record fifth weekly outflow in a row
(Reuters) - Global equity funds witnessed weekly outflows for a fifth straight week in the week to July 27 on caution ahead of the U.S. Federal Reserve's policy meeting and on lingering fears over a g...
Syndicated Content Jul 29, 2022
Fringe candidates putting Republicans’ U.S. Senate hopes at risk
By James Oliphant WASHINGTON (Reuters) - Republican voters' embrace of fringe and divisive candidates is jeopardizing the party's goal of taking control of the U.S. Senate in November's midterm electi...
Syndicated Content Jul 29, 2022
How Spirit Airlines CEO Christie did his JetBlue deal U-turn
By Anirban Sen (Reuters) - Spirit Airlines Inc Chief Executive Ted Christie had been dismissive of the possibility that regulators would allow his low-cost U.S. airline to be sold to JetBlue Airways C...
Syndicated Content Jul 29, 2022
BYD to recall more Tang DM hybrids in China over battery pack tray – regulator
SHANGHAI (Reuters) - China's BYD Co Ltd is recalling more Tang DM vehicles due to faults with the battery pack trays which pose water inflow risks, the country's market regulator said. The world's big...
Syndicated Content Jul 29, 2022
DHL to withdraw from domestic Russia transportation services
MOSCOW (Reuters) - Logistics giant DHL will withdraw from all domestic transportation services within Russia from Sept. 1, the company said on Friday, blaming technical issues with IT systems and infr...
Syndicated Content Jul 29, 2022
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