Category Archives:
Higher raw material costs weigh on Geberit profit
ZURICH (Reuters) - Geberit is seeing "significant challenges on the raw materials markets", the Swiss building supplies company said on Wednesday, as higher costs weighed on profit growth during the t...
Nov 03, 2021
Novo Nordisk Q3 earnings lifted by demand for new obesity drug
COPENHAGEN (Reuters) - Drug developer Novo Nordisk on Wednesday reported third-quarter earnings lifted by strong demand for its new obesity drug. Novo reported net profit of 12.1 billion Danish crowns...
Nov 03, 2021
Ether scales $4,600 to record high, bitcoin trails
SINGAPORE (Reuters) - Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news of wider blockchain adoption. The ether t...
Nov 03, 2021
Zalando profits dip as stores reopen from lockdowns
BERLIN (Reuters) - German online fashion retailer Zalando reported on Wednesday that third-quarter profits dipped but sales rose 23% as consumers continued to shop online even after stores reopened fr...
Nov 03, 2021
Baths, garlands for man’s best friend at Nepal’s canine festival
By Gopal Sharma KATHMANDU (Reuters) - Hindus across Nepal honoured their dogs with baths, garlands and special treats on Wednesday, the second day of the five-day Tihar festival, during which even cro...
Nov 03, 2021
Russian services sector contracts in Oct due to weak client demand -PMI
MOSCOW (Reuters) - Activity in Russia's service sector contracted in October for the second time in three months, hampered by weak client demand and this year's first contraction in new orders, a surv...
Nov 03, 2021
Volkswagen invests in EU-backed energy transformation fund
By Christoph Steitz FRANKFURT (Reuters) - Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carma...
Nov 03, 2021
Credit Suisse to tighten the reins after string of scandals
By Oliver Hirt, Pamela Barbaglia and John O'Donnell ZURICH/FRANKFURT (Reuters) - Credit Suisse will unveil a new centralised structure on Thursday in an attempt to bring its far-flung divisions to hee...
Nov 03, 2021
Lufthansa jumps back to profit as travel restrictions ease
BERLIN (Reuters) - Germany's Lufthansa posted a return to operating profit in the third quarter on Thursday for the first time since the beginning of the pandemic, boosted by the easing of COVID-19 tr...
Nov 03, 2021
NRA sued for allegedly violating campaign finance laws
By Kanishka Singh (Reuters) - Gun control advocacy group Giffords sued the National Rifle Association on Tuesday for allegedly violating campaign finance laws since 2014. The powerful gun lobby made a...
Nov 03, 2021
Peoria, IL, USA
44 °F Light Rain, Mist
