Category Archives:
Citigroup plans more investment in Saudi Arabia, eyes banking license
By Saeed Azhar and Yousef Saba RIYADH (Reuters) - Citigroup wants to pursue a banking license in Saudi Arabia to further boost its business in the kingdom by expanding into trade finance and treasury ...
Oct 28, 2021
TotalEnergies says gas prices should stay high, quarterly earnings spike
PARIS (Reuters) - TotalEnergies' earnings rose sharply in third quarter, the French energy group said on Thursday, as it reaped the rewards of surging power prices and predicted gas prices would remai...
Oct 28, 2021
China’s Zhongyuan Bank to merge with 3 local lenders in sector consolidation
BEIJING (Reuters) - China's Zhongyuan Bank Co, a city lender in the central province of Henan, said it plans to merge with three other local banks amid calls from Beijing for small banks to consolidat...
Oct 28, 2021
Evolution core profit beats forecasts
STOCKHOLM (Reuters) - Sweden's Evolution AB on Thursday reported third-quarter core earnings above market estimates and said growth was driven by a strong global demand for live casino games. The comp...
Oct 28, 2021
Stellantis Q3 sales down 14% due to 600,000 units in lost production from chip crisis
(Refiles to fix typo in second paragraph) MILAN (Reuters) -Stellantis, the world's fourth largest automaker, said on Thursday its revenue fell 14% on a pro-forma basis in the third quarter, mainly due...
Oct 28, 2021
Sony edges 1% Q2 profit rise as PS5 costs squeeze margins
By Sam Nussey TOKYO (Reuters) -Japan's Sony Group Corp on Thursday squeezed out a surprise 1% rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5)...
Oct 28, 2021
U.S. Treasury’s Yellen sets ambitious Europe agenda: taxes, pandemics, climate
By David Lawder and Andrea Shalal WASHINGTON/ROME (Reuters) - U.S. Treasury Secretary Janet Yellen will use her third trip to Europe to push a slew of White House global economic priorities on corpora...
Oct 28, 2021
Swisscom trims 2021 sales outlook, keeps dividend target
ZURICH (Reuters) -Swisscom trimmed its 2021 sales outlook on Thursday, citing a review of its fibre-optic partnership with Salt as well as developments in exchange rates. It now expects net revenue of...
Oct 28, 2021
Builder Skanska’s Q3 profit roughly unchanged
STOCKHOLM (Reuters) - Sweden's Skanska reported on Thursday a roughly unchanged quarterly profit from a year ago and said construction market activity was picking up as uncertainty due to the pandemic...
Oct 28, 2021
Norwegian Air’s Q3 revenue rises as travel picks up
OSLO (Reuters) - Norwegian Air reported a 68% year-on-year rise in third-quarter revenue on Thursday as travel in Europe gradually recovers from the pandemic. The budget carrier's sales for the July-S...
Oct 28, 2021
Peoria, IL, USA
72 °F Sunny
