Category Archives:
IMF sticks with forecast for limited UK growth in 2023
By David Milliken LONDON (Reuters) - The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Unio...
Jul 25, 2023
Morgan Stanley cuts Israel sovereign credit to “dislike stance” after judiciary changes
LONDON (Reuters) - Morgan Stanley cut Israel sovereign credit to a "dislike stance" on Tuesday following judiciary changes that will drastically limit the powers of the country's Supreme Court. "We se...
Jul 25, 2023
India’s Cyient posts Q1 profit jump but misses estimates as costs rise
HYDERABAD (Reuters) - India's Cyient Ltd reported a 45% rise in quarterly profit on Tuesday that just missed analysts' estimates as rising expenses at the engineering and IT services company offset st...
Jul 25, 2023
TikTok to launch e-commerce platform in US to sell China-made goods – WSJ
(Reuters) - TikTok is planning to launch in early August an e-commerce platform to sell China-made goods in the United States, the Wall Street Journal reported on Tuesday, citing people familiar with ...
Jul 25, 2023
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump
(Reuters) - Specialty glass maker Corning forecast third-quarter core sales below Wall Street estimates on Tuesday, as it grapples with the ongoing slump in the consumer electronics market. Corning sa...
Jul 25, 2023
Wildfire rages near resort town in southern Turkey
ISTANBUL (Reuters) - Turkish firefighters battled a wildfire near the resort of Kemer in the southern province of Antalya on Tuesday, tackling the blaze from land and air amid high temperatures across...
Jul 25, 2023
Factbox-Who will be the next head of the U.N. climate science body IPCC?
GENEVA (Reuters) - The United Nations body responsible for assessing the latest climate change science will choose a new leader this week. The elected chair will hold office for the next five to seven...
Jul 25, 2023
Battery giant CATL posts slower profit growth as competition heats up
BEIJING/SHANGHAI (Reuters) -Chinese battery giant CATL on Tuesday recorded slower growth in net profit for the second quarter, as the company scrambled to maintain its industry leadership amid intensi...
Jul 25, 2023
Some Chinese steel mills ordered to cap output this year – sources
BEIJING (Reuters) - Several Chinese steel mills have received instructions to cap this year's output at the same level as 2022, five people familiar with the matter and analyst reports said on Tuesday...
Jul 25, 2023
Exclusive-U.S. SEC readies penalty for DWS in greenwashing probe by end September – sources
By Chris Prentice and Tom Sims NEW YORK/FRANKFURT (Reuters) - The U.S. Securities and Exchange Commission is preparing to resolve a two-year probe into allegations of greenwashing by the German fund m...
Jul 25, 2023
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