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Analysis-China investment consensus cracks as politics fuel fears
By Tom Westbrook SINGAPORE (Reuters) - Decades-long foreign bullishness on China's capital markets is breaking down, investment flows and interviews with fund managers suggest, with a new era of uncer...
Syndicated Content Apr 27, 2023
Barclays first quarter profit beats expectations
LONDON (Reuters) - Barclays reported a first quarter profit that exceeded expectations on Thursday, as a resilient performance from its consumer bank offset pressure on key other business lines. The B...
Syndicated Content Apr 27, 2023
Unilever quarterly sales beat estimates as prices surge
LONDON (Reuters) - Unilever on Thursday reported better than expected quarterly underlying sales, as the maker of Dove soap and Ben & Jerry's ice cream raised prices yet again to compensate for higher...
Syndicated Content Apr 27, 2023
China Evergrande debt restructuring incentive to test creditor appetite
By Clare Jim and Xie Yu HONG KONG (Reuters) - Embattled property developer China Evergrande Group will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring pro...
Syndicated Content Apr 27, 2023
STMicroelectronics posts better-than-expected Q1 results
LONDON (Reuters) - European chipmaker STMicroelectronics reported better-than-expected first-quarter results on Thursday. Its revenue rose to $4.25 billion, up from $4.42 billion the previous quarter,...
Syndicated Content Apr 27, 2023
Founder of Taiwan’s Foxconn says China won’t attack if he’s president
TAIPEI (Reuters) - The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president a...
Syndicated Content Apr 27, 2023
Delivery Hero sees 2023 GMV growth of 5-7%
(Reuters) - German online takeaway food company Delivery Hero on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV), citing a "promising start" to the second quarte...
Syndicated Content Apr 27, 2023
BBVA’s Q1 net profit rises 39% on lending income and Mexico
By Jess Aguado MADRID (Reuters) - Spain's BBVA on Thursday said its first quarter net profit rose 39.4% from the same quarter in 2022 thanks to a solid performance in Mexico, its main market, which of...
Syndicated Content Apr 27, 2023
J&J’s consumer unit named in talcum powder cancer claims – FT
(Reuters) - Johnson & Johnson's newly formed consumer health unit Kenvue has been named in claims that the company's talcum powder can cause cancer, the Financial Times reported on Thursday. Kenvue ha...
Syndicated Content Apr 27, 2023
Pernod Ricard eyes strong Q4 after Q3 sales decline
PARIS (Reuters) - French spirits group Pernod Ricard reported a worse-than-expected decline in third quarter sales but said it was confident of delivering a strong performance over the 2022/2023 full ...
Syndicated Content Apr 27, 2023
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