Category Archives:
Toshiba reports 75% plunge in Q2 operating profit, cuts full-year outlook
TOKYO (Reuters) - Japan's Toshiba Corp on Friday reported a 75% slump in second-quarter operating profit and lowered its full-year earnings outlook. It posted an operating profit of 7.54 billion yen (...
Nov 11, 2022
Stories of trauma, resilience spotlighted at Palestinian film festival
By Henriette Chacar RAMALLAH, West Bank (Reuters) - The fate of a Palestinian girl forced into exile during the 1948 war of Israel's creation remains unknown. But her story took on new life in a film ...
Nov 11, 2022
Factbox-Over 62,000 without power in Florida from storm Nicole
(Reuters) - More than 62,000 homes and businesses in Florida were still without power on Friday after storm Nicole crashed into the state's east coast. Utilities have already restored service to nearl...
Nov 11, 2022
Analysis-Hopes of easing inflation beckon cash-rich investors into U.S. stocks
By Carolina Mandl and Saqib Iqbal Ahmed (Reuters) - Softer-than-expected U.S. inflation is bolstering the case for cash-heavy investors to step off the sidelines and plunge into risky assets, though m...
Nov 11, 2022
Daimler Truck raises unit sales as chip shortage eases
BERLIN (Reuters) - Daimler Truck raised unit sales by 27% to nearly 135,000 units in the third quarter, as the chip shortage that hit the heavy truck business particularly hard in the same period last...
Nov 11, 2022
Marketmind: $ TO THE POWER OF 0.228
A look at the day ahead in European and global markets from Wayne Cole. Who knew a statistical difference of 0.228 ppt could add $3 trillion to the value of S&P 500 and Nasdaq stocks, and heaven knows...
Nov 11, 2022
European stock investors on alert for heightened balance sheet stress
By Danilo Masoni MILAN (Reuters) - Stock pickers have a message for company finance bosses and it's getting louder: bolster your balance sheets before the downturn strikes. After more than a decade of...
Nov 11, 2022
FTX scrambles for funds as regulators take action
By Selena Li and Vidya Ranganathan SINGAPORE (Reuters) - Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit losses on Friday amid worsening solven...
Nov 10, 2022
Thai Airways to name new CEO as early as Jan 2023, acting head says
By Chayut Setboonsarng BANGKOK (Reuters) -Thai Airways International PCL expects to name a new permanent CEO as early as January 2023 as it proceeds with a pandemic-driven restructuring plan, the airl...
Nov 10, 2022
Standing ovations for conservative U.S. justices at Federalist Society event
By Jacqueline Thomsen WASHINGTON (Reuters) - U.S. Supreme Court Justices Samuel Alito and Amy Coney Barrett received standing ovations from members of the conservative Federalist Society on Thursday a...
Nov 10, 2022
Peoria, IL, USA
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