Category Archives:
Bearish bets on Asian FX stay firm on towering dollar, slowdown fears: Reuters poll
By Tejaswi Marthi (Reuters) - Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the U.S. dollar, as ultra-hawkish posturing by most central banks globally, led by the Fed...
Oct 20, 2022
Australia’s Syrah to expand U.S graphite plant after $220 million grant
(Reuters) - Australia's Syrah Resources on Thursday announced plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant as part of U.S President Joe B...
Oct 20, 2022
Credit Suisse scrambles to finalise revamp as deadline looms
By Oliver Hirt, John O'Donnell and Noele Illien ZURICH/FRANKFURT (Reuters) - Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs from investors, a perso...
Oct 20, 2022
European shares slip as downbeat earnings from Nokia, BE Semiconductor weigh
(Reuters) - European shares slipped on Thursday, as investors fretted over persistent inflation and aggressive central bank actions, while downbeat earnings from chip equipment firm BE Semiconductor a...
Oct 20, 2022
Saudi Aramco to push ahead with IPO of oil-trading unit – Bloomberg News
(Reuters) - Saudi Aramco is pushing ahead with plans for an initial public offering of its energy-trading business and is targeting a listing in Riyadh for the end of the year or early 2023, Bloomberg...
Oct 20, 2022
Hermes eyes big price rises, says no sign of slowdown
PARIS (Reuters) - Birkin bag maker Hermes said it would likely hike prices by 5% to 10% in 2023, much more than in the past, after reporting a sharp rise in sales growth over the third quarter and see...
Oct 20, 2022
Mercedes signs deal with Rock Tech Lithium to push e-vehicle drive
BERLIN (Reuters) - Mercedes-Benz has signed a supply agreement with Canadian-German Rock Tech Lithium Inc to receive on average 10,000 tons of battery-grade lithium hydroxide per year, the German carm...
Oct 20, 2022
Australia’s Victoria gov’t raises renewable energy goals as state election looms
SYDNEY (Reuters) - The Labor government of Australia's Victoria state said on Thursday it would raise its renewable energy targets and proposed government ownership of future power generation if it wi...
Oct 20, 2022
Philip Morris sweetens buyout offer for Swedish Match to $15.8 billion
(Reuters) -Marlboro cigarettes-maker Philip Morris International Inc on Thursday raised its buyout offer for Swedish Match AB to 116 crowns per share and said it had no plans to increase its bid furth...
Oct 20, 2022
Norway’s DNB reports rising Q3 net profit, as expected
OSLO (Reuters) - DNB, Norway's largest bank, on Thursday became the latest Nordic bank to report a jump in third-quarter profits due to rising interest rates, in line with forecasts. Net profit rose t...
Oct 20, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
