Category Archives:
Upbeat earnings, Fed comments lift European shares to 7-week high
(Reuters) - European shares hit a seven-week high on Thursday as some concerns were eased about the pace of rate hikes by the U.S. Federal Reserve going forward, while a clutch of strong results inclu...
Jul 28, 2022
Nissan first-quarter operating profit drops 14%
TOKYO (Reuters) -Nissan Motor Co's first-quarter operating profit fell 14% to 64.9 billion yen ($478.08 million), the Japanese carmaker said on Thursday, citing surging raw material costs and producti...
Jul 28, 2022
Porsche listing plans on track, Volkswagen CFO says
BERLIN (Reuters) - Preparation for a listing of Volkswagen's sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker's chief financial officer said...
Jul 28, 2022
Marketmind: Look on the bright side
A look at the day ahead in markets from Sujata Rao Fed boss Jerome Powell was reticent on the future policy-tightening path, so markets, ever optimistic, took it as a sign the U.S. central bank will p...
Jul 28, 2022
Taiwan’s China Airlines eyes A330 replacement, future freighter options
By Jamie Freed (Reuters) - Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies and is also starting to examine next-generation frei...
Jul 28, 2022
Asia credit investors feel the pain of China property exposure
By Xie Yu HONG KONG (Reuters) - China's crisis-hit property sector has driven underperformance this year in some Asia-focused credit funds, including one led by a former Lehman Brothers portfolio mana...
Jul 28, 2022
Schroders assets under management up 1% on demand for alternatives
LONDON (Reuters) - British fund manager Schroders on Thursday reported a 1% rise in assets under management to 773 billion pounds ($941.51 billion) in the first half, supported by demand for alternati...
Jul 28, 2022
Truckmaker Iveco raises 2022 guidance, exits Russian JV
MILAN (Reuters) - Truckmaker Iveco Group on Thursday raised its full-year guidance after a solid second quarter due to a resilient performance of its industrial operations and improved profitability a...
Jul 28, 2022
Takeda sees quarterly profit drop 39% after last year’s one-time gains
TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co said on Thursday first-quarter profit slumped 39% percent from a year earlier, when earnings had been boosted by the sale of its diabetes drug portfo...
Jul 28, 2022
Poste Italiane Q2 net profit up 44% on strong payment & mobile business
MILAN (Reuters) - Net income at Italy's Poste Italiane rose 44% in the second quarter to 469 million euros, mainly thanks to strong growth in the payment and mobile division and cost-cutting in the ma...
Jul 28, 2022
Peoria, IL, USA
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