Category Archives:
Western Balkans see boom in solar energy but grids unprepared
By Daria Sito-Sucic and Ognien Teofilovski SKOPJE (Reuters) - Western Balkan nations are seeing a boom in solar energy investment, which could help ease a power crisis that had threatened a shift away...
Apr 20, 2023
Tesla shares sink as Musk signals more price cuts ahead
(Reuters) - Tesla Inc's shares sank 8% on Thursday and dragged down other automakers after Chief Executive Elon Musk signaled the electric-vehicle maker will keep cutting prices to drum up demand even...
Apr 20, 2023
Genuine Parts raises 2023 profit outlook on strong demand for auto parts
(Reuters) - Genuine Parts Co beat first-quarter profit estimates and raised full-year earnings forecast on Thursday, helped by growing demand for auto and industrial parts. Shares of the company were ...
Apr 20, 2023
US weekly jobless claims increase moderately
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually slowing. Initial claims for st...
Apr 20, 2023
India monetary tightening cycle not over, inflation remains a concern -MPC minutes
By Swati Bhat MUMBAI (Reuters) - India's current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank's medium term target of 4%, minutes ...
Apr 20, 2023
Euro zone inflation too high – Lagarde
PARIS (Reuters) - Euro zone inflation is too high and the European Central Bank's monetary policy must strive to bring back inflation towards its 2% goal, ECB President Christine Lagarde said on Thurs...
Apr 20, 2023
Credit Suisse has ‘learnt nothing’ from 2008 crash, London court told
By Sam Tobin LONDON (Reuters) - Credit Suisse was accused on Thursday of having "learnt nothing" from the 2008 financial crisis on the first day of a trial at London's High Court over residential mort...
Apr 20, 2023
India’s Cyient reports 48% surge in Q4 revenue on strong deal pipeline
BENGALURU (Reuters) - Engineering and information technology firm Cyient Ltd on Thursday reported a bigger-than-expected rise in fourth-quarter revenue, aided by a strong services deal pipeline. The c...
Apr 20, 2023
US space industry funding drops 53% in Q1, hitting 8-year low – report
By Akash Sriram and Tanya Jain (Reuters) - Investments in the U.S. space industry dropped 53% to $2.2 billion in the three months ending March, a report said, with high interest rates and challenging ...
Apr 20, 2023
Huntington Bancshares beats profit estimate on interest boost
(Reuters) - Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts' estimates, as a boost from higher interest rates offset a hit from bigger provisions. A s...
Apr 20, 2023
Peoria, IL, USA
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