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Lights maker Signify cuts its 2022 outlook again on lower consumer demand, China
(Reuters) - Signify, the world's biggest maker of lights, on Thursday again cut its full-year profit margin and sales guidance, citing a steeper slowdown in China than expected and a lower demand from...
Syndicated Content Jan 12, 2023
China’s climate envoy Xie meets with U.S. counterpart Kerry
BEIJING (Reuters) - China's chief climate negotiator Xie Zhenhua met his U.S. counterpart on Wednesday and both sides agreed to maintain communication to jointly address the challenge of climate chang...
Syndicated Content Jan 12, 2023
Philippines central bank hopes to cut rates in 2024, flags RRR reduction
By Neil Jerome Morales MANILA (Reuters) - The Philippines' central bank governor said on Thursday he hoped benchmark interest rates could be cut in 2024, once inflation was under control, and flagged ...
Syndicated Content Jan 12, 2023
ASOS revenue down 3% in key Christmas period
LONDON (Reuters) -Online fashion retailer ASOS reported a 3% fall in revenue over the four months to the end of December, hurt by weaker demand and delivery disruption in its biggest market Britain an...
Syndicated Content Jan 12, 2023
Britain’s Tesco sticks with profit outlook after strong Christmas sales
By James Davey LONDON (Reuters) -Tesco, Britain's biggest retailer, kept its full-year profit guidance after it joined rivals in reporting stronger than expected Christmas sales despite an escalating ...
Syndicated Content Jan 12, 2023
UK’s M&S reports strong Christmas sales
LONDON (Reuters) -British retailer Marks & Spencer reported strong Christmas sales, with a better-than-expected increase in like-for-like food sales of 6.3% delivering its best ever market share, and ...
Syndicated Content Jan 12, 2023
Mercedes to drop EQ product brand -Handelsblatt
BERLIN (Reuters) - Mercedes-Benz is set to drop the EQ product brand for battery-electric cars as soon as the next generation of compact cars, set to be on the market from the end of 2024, German dail...
Syndicated Content Jan 12, 2023
Swiss exchange Six opens probe into Clariant
BERLIN (Reuters) - Switzerland's Six exchange has opened an investigation into Clariant over the possible violation of rules on ad-hoc publicity, the exchange said in a statement on Thursday. Six said...
Syndicated Content Jan 12, 2023
BOJ faces further test to its yield control as inflation creeps up
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) will likely raise its inflation forecasts next week and debate whether further steps are needed to address market distortions it sought to fix...
Syndicated Content Jan 12, 2023
KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
MOSCOW (Reuters) - A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA news agency said, citing Russi...
Syndicated Content Jan 12, 2023
Peoria, IL, USA
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