Category Archives:
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...
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...
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...
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...
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, ...
Oct 21, 2021
Truck maker AB Volvo core profit beats forecast
STOCKHOLM (Reuters) - Swedish truck maker AB Volvo reported third-quarter core earnings above market expectations on Thursday and said demand was strong in most markets. Adjusted operating profit at t...
Oct 21, 2021
SAP’s cloud business drives quarterly results, raised outlook
BERLIN (Reuters) -SAP said on Thursday that demand for its cloud business database was growing as the German business software group confirmed its preliminary third-quarter results and full year guida...
Oct 21, 2021
Analysis-Exit of ECB’s Weidmann, decade of economic change shows hawk as endangered species
By Howard Schneider WASHINGTON (Reuters) - German Bundesbank President Jens Weidmann was just a year into his tenure when the world began to change with three words. A speech by European Central Bank ...
Oct 21, 2021
Analysis-U.S. company results in industrial, materials sectors could shed light on inflation woes
By Lewis Krauskopf NEW YORK (Reuters) - Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging in...
Oct 21, 2021
Gulf economies to pick up speed next year, with fall in oil prices biggest risk: Reuters poll
By Md Manzer Hussain BENGALURU (Reuters) - Economies in the six-member Gulf Cooperation Council will grow faster next year than previously thought, according to a Reuters poll of economists who warned...
Oct 21, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
