Category Archives:
Japan raises economic view, signals broader recovery
TOKYO (Reuters) - Japan upgraded its overall view on the economy for the first time in three months in July, signalling a broader recovery in economic activity as the drag from the COVID-19 pandemic c...
Jul 26, 2022
Lindt & Spruengli raises guidance, starts buyback
ZURICH (Reuters) - Swiss chocolate maker Lindt & Spruengli on Tuesday raised its sales guidance and unveiled a 1 billion Swiss franc ($1.04 billion) share buyback programme after first-half net profit...
Jul 26, 2022
Cryptoverse: What crisis? Venture capitalists bet big on crypto
By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) - It's not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital...
Jul 26, 2022
Dassault Systemes’ quarterly revenue beats estimates
(Reuters) - French software maker Dassault Systemes on Tuesday reported second-quarter revenue above analysts' expectations and at the high end of its own forecast, driven by growth across geographies...
Jul 26, 2022
Analysis-U.S. LNG exports to Europe on track to surpass Biden promise
By Jarrett Renshaw and Scott DiSavino (Reuters) - When U.S. President Joe Biden promised European leaders in March that he would help secure new supplies of liquefied natural gas to offset shortages f...
Jul 26, 2022
UBS posts smaller-than-expected 5% rise in Q2 net profit
ZURICH (Reuters) - Swiss bank UBS posted on Tuesday a smaller-than-expected 5% rise in net profit for the second quarter as revenues at its investment bank fell 14%. Profit in the three months ended J...
Jul 25, 2022
EU countries seek deal on weakened plan to cut winter gas use
By Kate Abnett BRUSSELS (Reuters) - European Union countries are set to approve a weakened emergency EU proposal to curb their gas demand on Tuesday, with opt-outs allowing them to follow different na...
Jul 25, 2022
Philippines’ central bank chief rules out another off-cycle rate move
By Karen Lema MANILA (Reuters) - The Philippine central bank chief on Tuesday ruled out another off-cycle move on monetary policy tightening, while signalling a rate hike of less than 75 basis points ...
Jul 25, 2022
South Korea plans financial tool to head off crises
SEOUL (Reuters) - South Korea's top financial regulator unveiled on Tuesday a draft plan for supporting distressed financial companies to prevent failures, rather than waiting to bail them out after t...
Jul 25, 2022
China certifies new civil helicopter jointly developed with Airbus
BEIJING/SYDNEY (Reuters) - China has certified for use a helicopter jointly developed by a state-run company and Airbus SE, state-controlled media reported on Tuesday. The AC352, developed by Aviation...
Jul 25, 2022
Peoria, IL, USA
67 °F Overcast
