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Siemens CEO watching the share price of Siemens Energy – CEO
ZURICH (Reuters) - Siemens continues to monitor the stock price of Siemens Energy, the power generation business it spun off last year, before it decides when to sell its 35.1% stake, Chief Executive ...
Syndicated Content Nov 11, 2021
Toshiba’s lurch from crisis to crisis since 2015
TOKYO (Reuters) - Toshiba Corp plans to unveil a new business strategy on Friday. The once-storied conglomerate has been battered by accounting scandals, massive writedowns for its U.S. nuclear busine...
Syndicated Content Nov 11, 2021
European stocks held back by inflation worries
(Reuters) - European stocks slipped on Thursday after data showing a spike in U.S. inflation encouraged bets on interest rate hikes and offset some optimism around property developer China Evergrande ...
Syndicated Content Nov 11, 2021
Russia’s Alrosa posts profit jump on recovering diamond demand
MOSCOW (Reuters) - State-controlled Russian diamond producer Alrosa on Thursday said recovering sales helped it to more than triple third-quarter net profit to 25 billion roubles ($354 million). The w...
Syndicated Content Nov 11, 2021
Russia’s Sberbank, enhancing AI offering, unveils second supercomputer
By Alexander Marrow MOSCOW (Reuters) - A second supercomputer and artificial intelligence (AI) upgrades form part of Sberbank's enhanced offerings of digital services such as cloud computing and virtu...
Syndicated Content Nov 11, 2021
Hospitals operator Mediclinic’s first half profit more than triples
JOHANNESBURG (Reuters) - Hospital chain operator Mediclinic International said on Thursday that its profit for the first half that ended Sept. 30 more than tripled from a year earlier, inching close t...
Syndicated Content Nov 11, 2021
Britain’s OSB posts 8% rise in lending on strong housing demand
(Reuters) - British lender OSB reported on Thursday an 8% increase in its underlying net loans for the nine months ended September and stood by its growth forecasts for the year, driven mainly by stro...
Syndicated Content Nov 11, 2021
Marketmind: Rate hikes back on markets’ radar
A look at the day ahead from Sujata Rao. Ouch. For all the central bank assurances about the inflation spike being transitory, investors are struggling to look past the biggest annual rise in U.S. inf...
Syndicated Content Nov 11, 2021
Deutsche Bank sees Turkey cutting rates to 14% by year-end
LONDON (Reuters) - Deutsche Bank said it now expected Turkey's central bank (CBT) to reduce interest rates faster than previously anticipated and cut by 100 basis points at each of its November and De...
Syndicated Content Nov 11, 2021
Hong Kong opens new modern art museum under national security cloud
By James Pomfret HONG KONG (Reuters) - A senior Hong Kong cultural official said on Thursday that freedom of expression was not above a China-imposed national security law, on the eve of the opening o...
Syndicated Content Nov 11, 2021
Peoria, IL, USA
44 °F Overcast
