Category Archives:
Aston Martin post bigger half-year loss
(Reuters) - British luxury carmaker Aston Martin on Friday reported a bigger loss for the first half of the year, hurt by rising costs and supply chain snarls. The company posted a pre-tax loss of 285...
Jul 29, 2022
Hermes flags strong rebound in China as second quarter sales rise 19.5%
PARIS (Reuters) - Sales at Birkin bag maker Hermes rose sharply in the second quarter, lifted by strong growth in Europe and the U.S., and rebounding strongly in China in June. Sales in the three mont...
Jul 29, 2022
Sony posts 9.6% rise in Q1 profit
TOKYO (Reuters) -Japan's Sony Group Corp on Friday posted a 9.6% rise in first-quarter operating profit, beating analyst estimates. Profit was 307 billion yen ($2.31 billion) in the three months to th...
Jul 29, 2022
NatWest profit rises even as threat from inflation mounts
LONDON (Reuters) -NatWest reported better than expected profit for the first half of the year on Friday, as Bank of England rate hikes lifted its finances despite runaway inflation threatening to crun...
Jul 29, 2022
Swiss National Bank posts biggest ever first half loss
ZURICH (Reuters) -The Swiss National Bank reported a first half loss of 95.2 billion Swiss francs ($100.08 billion) on Friday, the biggest six month loss posted by the central bank since it was set up...
Jul 29, 2022
Russia’s Sakhalin Energy tells LNG buyers to pay via Moscow bank
SINGAPORE (Reuters) - Russia's Sakhalin Energy Investment Co has asked its liquefied natural gas (LNG) customers to make payments via a Moscow unit of a European bank and is negotiating to switch paym...
Jul 29, 2022
Apple faces lukewarm demand in China after quarterly revenue drop -analysts
By Josh Horwitz SHANGHAI (Reuters) - Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned on Friday, after the iPhone maker said d...
Jul 29, 2022
EssilorLuxottica Q2 revenue grows despite headwinds
(Reuters) - Luxury eyewear maker EssilorLuxottica reported on Friday a jump in second-quarter revenues, citing sound growth in all regions, despite a challenging environment. The maker of Oakley and R...
Jul 29, 2022
Air France-KLM cuts capacity levels on ‘operational challenges’
By Dina Kartit and Juliette Portala (Reuters) - Air France-KLM downgraded on Friday its capacity forecast for the third quarter, citing operational difficulties at airports that could weigh on the gro...
Jul 29, 2022
S.Korea’s Hyundai Motor Group plans to raise stake in startup – report
SEOUL (Reuters) - South Korea's Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a new...
Jul 29, 2022
Peoria, IL, USA
60 °F Partly cloudy
