Category Archives:
Fire breaks out in Tesla Megapack unit in Australia during testing
By Byron Kaye SYDNEY (Reuters) -A fire broke out in a Tesla Inc Megapack battery unit in Australia on Friday during testing of one of the world's biggest energy storage projects, run by France's Neoen...
Jul 30, 2021
BA-owner IAG cautious on recovery, sees summer capacity rising to 45%
LONDON (Reuters) - IAG said summer capacity would rise to 45% of pre-pandemic levels from 22% in the previous quarter, in the latest sign that a travel recovery is underway, although the British Airwa...
Jul 30, 2021
Japan’s Nomura first-quarter net profit dives 66% on slowdown in trading, Archegos loss
By Makiko Yamazaki TOKYO (Reuters) - Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Friday reported a 66% drop in first-quarter net profit due to a slowdown in the trading busi...
Jul 30, 2021
EssilorLuxottica raises full-year guidance as sales rebound
(Reuters) - Oakley and Ray-Ban maker EssilorLuxottica raised its full-year guidance on Friday after revenue doubled in the second quarter, helped by a strong recovery in North America. The company now...
Jul 30, 2021
Sales at Birkin bag maker Hermes soar amid luxury rebound
PARIS (Reuters) -Sales at Birkin handbag maker Hermes powered ahead in the second quarter, more than doubling from a year earlier as lockdowns eased around the world and shoppers, particularly in Asia...
Jul 30, 2021
French billionaire Niel offers to buy out and de-list Iliad telecom
PARIS (Reuters) -Billionaire businessman Xavier Niel, the controlling shareholder of French telecoms and media group Iliad, said on Friday that he was making a full takeover offer for the company, wit...
Jul 30, 2021
VW’s Skoda Auto raises deliveries to 515,300 cars in H1
PRAGUE (Reuters) - Volkswagen's Skoda Auto raised its global deliveries to 515,300 cars in the first half of the year from 426,700 cars in the same period last year, the carmaker said on Friday. Skoda...
Jul 30, 2021
Credit Suisse creates new asset management risk role
By Oliver Hirt and Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse, recently hit by the Archegos and Greensill scandals, has created a new role of chief risk officer for asset management that ...
Jul 30, 2021
SoftBank first-quarter performance seen buoyed by China IPOs; crackdown clouds outlook
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp is set to report a boost to Vision Fund returns when it posts quarterly earnings due to the U.S. listing of Chinese portfolio firms, just as regulat...
Jul 30, 2021
Renault forecasts 2021 profit despite global chip shortage
By Nick Carey LONDON (Reuters) - French carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs. Rena...
Jul 30, 2021
Peoria, IL, USA
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