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Swatch Group returns to profit, sees strong sales ahead
ZURICH (Reuters) -Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021. It returned to a net profit of 774 m...
Syndicated Content Jan 25, 2022
Ericsson profit beats as more countries roll out 5G
STOCKHOLM (Reuters) -Sweden's Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by higher sales of telecom gear as more countries roll out 5G networks offsetting...
Syndicated Content Jan 25, 2022
THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset - but watch o...
Syndicated Content Jan 25, 2022
Analysis-Volatile markets, Fed uncertainty add to U.S. dip buyers’ risks
By Saqib Iqbal Ahmed, Maiya Keidan and David Randall NEW YORK (Reuters) - Wild swings in stocks are testing the resolve of investors employing one of Wall Street's most popular strategies: buying the ...
Syndicated Content Jan 25, 2022
Credit Suisse flags 500-million-Swiss-franc legal hit to Q4
ZURICH (Reuters) - Credit Suisse on Tuesday flagged roughly 500 million Swiss francs ($545.91 million) in litigation provisions, which it said was expected to push its fourth-quarter results down to b...
Syndicated Content Jan 24, 2022
Oil prices rebound as growing geopolitical tensions fuel supply fears
By Yuka Obayashi TOKYO (Reuters) -Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possi...
Syndicated Content Jan 24, 2022
Hyundai Motor’s Q4 profit almost halves, misses estimates
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported a nearly 50% drop in quarterly profit on Tuesday, falling significantly short of analysts' estimate, hurt by rising raw material costs and a on...
Syndicated Content Jan 24, 2022
Yen jumps, euro slumps amid Ukraine tensions, Fed jitters
By Kevin Buckland TOKYO (Reuters) - The safe-haven yen and U.S. dollar rose on Tuesday while the risk-sensitive New Zealand dollar fell with the euro amid escalating worries about both a potential mil...
Syndicated Content Jan 24, 2022
Maersk to tackle air pollution at ports with ship-charging buoys
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Shipping group Maersk plans to install hundreds of offshore charging stations around the world to allow vessels to power themselves with electricity i...
Syndicated Content Jan 24, 2022
Lebanon’s economic depression “orchestrated by elite”, World Bank says
DUBAI (Reuters) -Lebanon's economic depression "is orchestrated by the country's elite" and "has come to threaten the country's long-term stability and social peace," the World Bank said in a press re...
Syndicated Content Jan 24, 2022

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