Category Archives:
Truck maker Volvo hikes Europe and North America market outlooks
STOCKHOLM (Reuters) - Sweden's AB Volvo lifted its outlook for key heavy-duty truck markets in Europe and North America this year on Thursday as it reported a 32% year-on-year rise in order intake for...
Apr 20, 2023
Analysis-Crisis radar falls on fault lines in Europe’s commercial property
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) - European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that d...
Apr 20, 2023
BOJ keeps upbeat economic view on seven of Japan’s nine regions
By Leika Kihara TOKYO (Reuters) - The Bank of Japan maintained its upbeat economic assessment for most regions on Thursday, saying wage hikes were broadening, underscoring its conviction that the coun...
Apr 20, 2023
Nokia quarterly profit misses forecast
STOCKHOLM (Reuters) -Nokia on Thursday reported quarterly operating profit below market expectations as the Finnish company is selling more 5G gear in low-margin markets and said it was seeing signs o...
Apr 20, 2023
Renault revenues rise 30% in Q1 on higher sales and prices
PARIS (Reuters) - French car maker Renault said on Thursday revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Boosted by the launch of several premium mode...
Apr 20, 2023
Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes
By Ben Blanchard TAIPEI (Reuters) - Taiwan's Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as it seeks to expand its routes beyond Asia to keep up with booming post-pandemic dema...
Apr 20, 2023
China funds flock to Hong Kong to sate mainland investors
By Summer Zhen HONG KONG (Reuters) - Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors' appetite for U.S. dollar-based products and...
Apr 19, 2023
Marketmind: Cautious markets focus on central banks’ diverging paths
A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down in Asian hours with stocks drifting while the dollar clings to gains from overnight. The prevail...
Apr 19, 2023
Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say
By Miho Uranaka TOKYO (Reuters) - Japan's Rakuten Bank Ltd amended the filing of its $625 million initial public offering (IPO) after investors pushed for details on the risks from its exposure to mon...
Apr 19, 2023
Google to deploy generative AI to create sophisticated ad campaigns – FT
(Reuters) - Alphabet Inc's Google plans to introduce generative artificial intelligence into its advertising business over the coming months, Financial Times reported on Thursday, citing an internal p...
Apr 19, 2023
Peoria, IL, USA
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