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Canada’s CIBC misses quarterly profit estimates
TORONTO (Reuters) - Canadian Imperial Bank of Commerce missed analysts' estimates for quarterly profit on Thursday, on higher provisions for credit losses and expenses and lower investment banking rev...
Syndicated Content May 26, 2022
Taiwan raids Chinese firms in latest crackdown on chip engineer-poaching
TAIPEI (Reuters) - Taiwan authorities raided ten Chinese companies suspected of illegally poaching chip engineers and other tech talent this week, the island's Investigation Bureau said on Thursday, t...
Syndicated Content May 26, 2022
Britain launches second probe into Google’s ad practices
(Reuters) - Britain's competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned search giant could be distorting competition and m...
Syndicated Content May 26, 2022
Baidu beats revenue estimates helped by AI, cloud services
(Reuters) - China's search engine giant Baidu Inc on Thursday posted a net loss of 885 million yuan ($131 million) for the quarter ended March 31, amid an economic downturn and pandemic resurgence in ...
Syndicated Content May 26, 2022
Gaza war survivor commemorates victims in paintings
By Nidal al-Mughrabi GAZA (Reuters) - A Palestinian woman artist who lost 22 of her extended family in an Israeli air strike in last year's war, has used art to release sorrow and despair at her loss,...
Syndicated Content May 26, 2022
Italy business and consumer morale rise in May but manufacturing still downbeat
ROME, May 26 (Reuters) - Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing war in Ukraine while man...
Syndicated Content May 26, 2022
Russian rouble weakens as central bank cuts rates to 11%
(Reuters) - The Russian rouble weakened on Thursday as the central bank cut interest rates to 11% at an off-schedule policy meeting and a month-end tax period passed, though capital controls kept it t...
Syndicated Content May 26, 2022
South Korea needs Australian LNG with carbon capture, Santos CEO says
By Sonali Paul MELBOURNE (Reuters) - Santos Ltd urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050. Australi...
Syndicated Content May 26, 2022
Apple to keep iPhone production flat in 2022 – Bloomberg News
(Reuters) - Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News on Thursday, as China's COVID-19 curbs, global supply chain issues, and cooling d...
Syndicated Content May 26, 2022
Kuroda says BOJ can achieve smooth exit from loose money policy
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so "won't be eas...
Syndicated Content May 26, 2022

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