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Soaring prices dampen consumer mood in India’s festival season
By Manoj Kumar and Sunil Kataria NEW DELHI (Reuters) - For Delhi resident Suman Milind, rising prices in India are casting a long shadow this year over the upcoming Diwali festival of lights. The 33-y...
Syndicated Content Oct 21, 2021
Water-poor Egypt eyes quadrupling desalination capacity in 5 years
By Patrick Werr CAIRO (Reuters) - Water-scarce Egypt aims to more than quadruple desalination capacity by granting private companies concessions from its sovereign wealth fund to build 17 plants over ...
Syndicated Content Oct 21, 2021
Prices hikes help Unilever top sales forecast, keep margin goal
(Reuters) - Consumer goods giant Unilever beat third-quarter sales growth forecasts on Thursday and kept its full-year profit margin guidance as it raised prices to cope with rising costs. The maker o...
Syndicated Content Oct 21, 2021
Barclays Q3 profit doubles amid global deal frenzy
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported a doubling of third quarter profits, beating market expectations, as it followed Wall Street rivals in reaping bumper investment ...
Syndicated Content Oct 21, 2021
Birkin bag maker Hermes shrugs off China slowdown, sales beat forecasts
PARIS (Reuters) - Sales at Birkin bag maker Hermes grew by 31% in the third quarter, beating market expectations even as the pace of the rebound from the fallout of the coronavirus pandemic slowed dow...
Syndicated Content Oct 21, 2021
Analysts cut Asia’s corporate earnings estimates on growth concerns
(Reuters) - Asian companies' earnings have been downgraded for the first time in 16 months, data shows, on concerns over slowing growth in China and on worries that higher inflation and supply chain d...
Syndicated Content Oct 21, 2021
Swedbank profit tops forecast as commission income hits record
STOCKHOLM (Reuters) - Swedish bank Swedbank on Thursday reported better-than-expected net profit for the third quarter on the back of continued strong growth for mortgages and record commission income...
Syndicated Content Oct 21, 2021
UK borrowing halves in first half of tax year as Sunak readies budget
LONDON (Reuters) -British public borrowing fell by around half in the first six months of the current financial year compared with a year earlier, when the economy faced the full force of the COVID-19...
Syndicated Content Oct 21, 2021
Pernod Ricard Q1 sales beat forecasts on strong demand in China, U.S
By Dominique Vidalon PARIS (Reuters) -French spirits maker Pernod Ricard said it expected sales growth to continue through its 2022 fiscal year, although it could moderate a touch, after strong demand...
Syndicated Content Oct 21, 2021
Schindler sees higher costs and supply chain bottlenecks to affect Q4
(Reuters) - Swiss elevator and escalator manufacturer Schindler reported on Thursday a 0.4% drop in third-quarter net profit year-on-year, citing rising costs and disruptions in global supply chains, ...
Syndicated Content Oct 21, 2021
Peoria, IL, USA
52 °F Light Rain, Mist
