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Vodafone Idea shares slump 24% as billionaire Birla exits
BENGALURU (Reuters) - Shares of India's Vodafone Idea tumbled as much as 24% on Thursday, a day after the troubled telecom operator's board accepted billionaire-industrialist Kumar Mangalam Birla's re...
Syndicated Content Aug 05, 2021
Merck KGaA raises outlook after forecast-beating Q2 profit
BERLIN (Reuters) - Merck KGaA raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatme...
Syndicated Content Aug 05, 2021
Lufthansa narrows quarterly loss, returns to positive cash flow
FRANKFURT (Reuters) - Germany's Lufthansa said on Thursday it further narrowed its losses in the second quarter and recorded its first positive cash flow since the start of the coronavirus crisis, cit...
Syndicated Content Aug 05, 2021
Zalando lifts profit outlook as ecommerce boom continues
BERLIN (Reuters) -German online fashion retailer Zalando said on Thursday it expects 2021 operating profit to come in at the upper end of its forecast range as sales rose 34% in the second quarter des...
Syndicated Content Aug 05, 2021
Siemens raises profit guidance for third time after beating forecasts in latest quarter
ZURICH (Reuters) - Siemens became the latest industrial firm to report a post-pandemic surge in demand, prompting the German engineering and technology company on Thursday to raise its profit guidance...
Syndicated Content Aug 05, 2021
Charlie Watts drops out of Rolling Stones’ upcoming U.S. tour
(Reuters) - Rolling Stones' drummer Charlie Watts might not be a part of the band's upcoming U.S. tour, which was postponed to this year because of the pandemic, as he is recovering from a medical pro...
Syndicated Content Aug 05, 2021
Millers, bakers fret as drought withers North America’s spring wheat
By Rod Nickel and Karl Plume WINNIPEG, Manitoba/FARGO, N.D. (Reuters) - Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across...
Syndicated Content Aug 05, 2021
Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) - Indonesia pulled out of recession in the second quarter after reporting its strongest annual growth rate in more than a decade, but analysts ...
Syndicated Content Aug 05, 2021
Ether near two-month high ahead of major protocol change
HONG KONG (Reuters) - Ether held near two-month highs on Thursday ahead of a major adjustment to its underlying ethereum blockchain that would alter the way transactions are processed. The revamp is a...
Syndicated Content Aug 04, 2021
China should remove tax breaks for video gaming industry, says Securities Times
SHANGHAI (Reuters) - China should stop giving tax breaks to online video gaming firms because the industry has grown and some of its companies have now become globally influential players, the state-b...
Syndicated Content Aug 04, 2021
Peoria, IL, USA
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