Category Archives:
Spanish inflation rises in January for first time in six months
MADRID (Reuters) -Spain's consumer prices rose 5.8% year-on-year in January, a faster pace than the 5.7% over the 12 months to December and the first increase since July, preliminary data from the Nat...
Jan 30, 2023
Barclays turns bullish on European banks, downgrades utilities
(Reuters) -Barclays analysts on Monday upgraded Europe's banking sector, as it sees benefits of higher interest rates and healthy financials, but downgraded the utilities sector. Analysts at the Briti...
Jan 30, 2023
S.Korea’s Posco Chemical says wins $32.6 billion order from Samsung SDI
SEOUL (Reuters) - Posco Chemical said on Monday it has won a 40 trillion won ($32.60 billion) order from Samsung SDI to supply cathode materials for electric vehicle batteries between 2023 and 2032. H...
Jan 30, 2023
Japan’s chip equipment makers in the dark about new China export restrictions
TOKYO (Reuters) - Japanese makers of semiconductor manufacturing machinery and materials used to make chips said on Monday they had yet to hear from Japan's government about export restrictions that c...
Jan 30, 2023
UK video streaming market shows signs of recovery in last quarter of 2022
LONDON (Reuters) - The UK video streaming market showed a tentative recovery in the final quarter of 2022, with subscriber numbers edging higher after a sharp decline earlier in the year when cash-str...
Jan 30, 2023
Staying the course: Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) - The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is les...
Jan 30, 2023
Philips scraps 6,000 jobs in drive to improve profitability
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday said it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked 70% off of it...
Jan 30, 2023
Indonesian unit of JD.com to discontinue all services at end of March – JD.ID website
JAKARTA (Reuters) - The Indonesian unit of e-commerce firm JD.com, JD.ID, will discontinue all services at the end of March, an announcement on its website showed on Monday. When asked about the closu...
Jan 30, 2023
Apple’s India supplier Jabil making AirPods parts for export-Bloomberg
(Reuters) - Apple-supplier Jabil Inc's India unit has begun making components for AirPods in the country and is shipping plastic bodies or enclosures for AirPods to China and Vietnam, Bloomberg News r...
Jan 29, 2023
Adani group’s market loss swells to $65 billion in short-seller attack aftermath
By Chris Thomas and Aditya Kalra NEW DELHI (Reuters) -Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller's criticisms by the Indian conglomerate...
Jan 29, 2023
Peoria, IL, USA
43 °F Overcast
