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Tissue maker Essity’s Q4 profit lags expectations
STOCKHOLM (Reuters) - Hygiene products maker Essity on Wednesday reported a bigger drop than expected in quarterly profit and said it did not expect costs for raw material, energy and distribution to ...
Syndicated Content Jan 26, 2022
Chocolate market recovering says Barry Callebaut after sales volumes rise
ZURICH (Reuters) -Swiss chocolate maker Barry Callebaut confirmed its mid-term guidance on Wednesday after reporting an 8.9% rise in sales volumes in the three months to Nov. 30, helped by easier comp...
Syndicated Content Jan 26, 2022
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger (Reuters) -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year...
Syndicated Content Jan 26, 2022
To hike or not: It’s a toss up ahead of Bank of Canada rate decision
By Julie Gordon OTTAWA (Reuters) - Odds are split on whether or not the Bank of Canada will hike rates for the first time since 2018 on Wednesday, with Omicron's wrath seen potentially delaying the st...
Syndicated Content Jan 26, 2022
Analysis-Investors worry about hawkish Fed hurting growth, even theorize over next recession
By Davide Barbuscia NEW YORK (Reuters) - Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem...
Syndicated Content Jan 26, 2022
U.S. companies push Biden, Congress for caution on Russia sanctions
By Andrea Shalal and Timothy Gardner WASHINGTON (Reuters) - U.S. President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin invades Ukraine, but some big com...
Syndicated Content Jan 26, 2022
Inflation-fighting Fed likely to flag March interest rate hike
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at least fo...
Syndicated Content Jan 26, 2022
U.S. House speaker Pelosi’s stock trades attract growing following online
By Noel Randewich (Reuters) - A year since a Reddit-driven retail trading frenzy rocked the markets and created the 'meme stock https://www.reuters.com/business/why-did-sec-release-report-gamestop-202...
Syndicated Content Jan 26, 2022
Climate change threatens Winter Olympics and future snow sports -research
BEIJING (Reuters) - Climate change is threatening the Winter Olympics and the future of snow sports by making conditions much more dangerous for athletes and participants, experts warned in a report p...
Syndicated Content Jan 25, 2022
Business investment into Singapore dropped 31% in 2021
SINGAPORE (Reuters) - Business investment commitments into Singapore dropped about 31% last year, marking the first decline in five years and after hitting a more than decade high in 2020, government ...
Syndicated Content Jan 25, 2022
Peoria, IL, USA
47 °F Mist
