Category Archives:
Norway’s power outlook improves after efforts to save water
By Nora Buli OSLO (Reuters) - Norway's depleted hydropower reservoirs have received a boost in the past few weeks from rain and efforts to save water, but stocks will remain low by the end of the wint...
Oct 26, 2022
Russia’s VTB Bank opens ‘vostro’ account at Indian branch
MOSCOW (Reuters) - Russia's No.2 lender VTB on Wednesday said it had opened a special "vostro" account at its Indian branch that would allow for the more active use of Indian rupees in payments under ...
Oct 26, 2022
Russia bans dealing in capital of 45 foreign-owned banks or banking units
MOSCOW (Reuters) - Russia on Wednesday banned dealings in the shares or share capital of 45 banks or banking units, all either owned by parties in countries that Russia terms "unfriendly" or owned thr...
Oct 26, 2022
Carlsberg lifts 2022 profit outlook
COPENHAGEN (Reuters) - Danish brewer Carlsberg on Wednesday reported third-quarter sales broadly in line with expectations and lifted its profit forecast for the year despite weakening consumer sentim...
Oct 26, 2022
Twitter shares drift towards Musk’s offer price as deadline looms
(Reuters) - Twitter Inc's stock inched closer to Elon Musk's $54.20 per share buyout offer for the micro-blogging site on Wednesday, in a sign that investors are finally expecting the deal to go throu...
Oct 26, 2022
U.S. alleges Seagate broke export rules to sell Huawei hard drives-source
By Karen Freifeld (Reuters) - Seagate Technology Holdings said in a filing on Wednesday it has been warned by the U.S. government that the company may have violated export control laws by providing ha...
Oct 26, 2022
Exxon strikes oil again in Guyana, raises output target
(Reuters) -Exxon Mobil Corp has made two new discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, the oil major said on Wednesday, adding more barrels to one of the m...
Oct 26, 2022
Boeing takes $2.8 billion hit in defense business, keeps cash flow goal
(Reuters) -Boeing Co's ailing defense unit on Wednesday recorded a $2.8 billion charge, but the U.S. planemaker stuck to its forecast of generating cash this year despite struggling to raise commercia...
Oct 26, 2022
Kia recalling 71,000 older U.S. Sportage vehicle for fire risks
By David Shepardson (Reuters) - Kia will recall 71,000 2008-2009 model year Sportage vehicles in the United States previously recalled in 2016 for fire risks and is advising owners to park outside unt...
Oct 26, 2022
Chipmaker UMC cuts capex in readiness for prolonged downturn
By Sarah Wu TAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) has cut this year's planned capital expenditure by almost a fifth, it said on Wednesday, citing weakening consumer...
Oct 26, 2022
Peoria, IL, USA
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