Category Archives:
French food group Danone keeps goals after strong start to 2022
By Dominique Vidalon PARIS (Reuters) -French food group Danone kept its financial goals for 2022 after it delivered a stronger-than-expected 7.1% sales growth in the first quarter amid higher input co...
Apr 20, 2022
Shares of Indonesia’s GoTo fall as low as 5.6% to hit IPO price
JAKARTA (Reuters) - Shares of Indonesia's largest tech firm PT GoTo Gojek Tokopedia Tbk fell as much as 5.59% to 338 rupiah per share, hitting its IPO price, on its seventh day trading on Wednesday. T...
Apr 20, 2022
Japan raises gasoline subsidy to maximum of 25 yen per litre
TOKYO (Reuters) - Japan raised its gasoline subsidy for oil distributors to the maximum figure of 25 yen ($0.1944) a litre for the seven days from April 21, up from 20.3 yen a week earlier, the indust...
Apr 20, 2022
China’s March alumina exports to Russia soar as sanctions over Ukraine bite
BEIJING (Reuters) - China's alumina exports to Russia surged over 90 times in March from the same period a year earlier, customs data showed on Wednesday, as sanctions against Russia for its invasion ...
Apr 20, 2022
China imports 13% less crude oil from Saudi in March, 14% less from Russia -customs
By Chen Aizhu and Muyu Xu (Reuters) - Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while shipments from second-ranking Russia sli...
Apr 20, 2022
Tank storage firm Vopak’s quarterly profit beats market estimates
(Reuters) - Dutch oil and chemical storage company Vopak's first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and good performance in the Americas. The group repo...
Apr 20, 2022
Gold hits over one-week low as firm bond yields, dollar weigh
By Bharat Gautam (Reuters) - Gold prices fell on Wednesday to their lowest in more than a week, as a elevated U.S. dollar and Treasury yields continued to weigh on demand for bullion. Spot gold was do...
Apr 20, 2022
Analysis-Positive real yields may spell more trouble for U.S. stocks
By Lewis Krauskopf NEW YORK (Reuters) - A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for the first time in two years. Yi...
Apr 20, 2022
Credit Suisse expects Q1 loss after boosting legal provisions
ZURICH (Reuters) - Credit Suisse Group expects a loss in reported first-quarter earnings after increasing legal provisions, the Swiss bank said on Wednesday. (Reporting by Michael Shields, editing by ...
Apr 19, 2022
Analysis-Wealth shock: property bust in small Chinese cities rattles households
By Liangping Gao and Ryan Woo BEIJING (Reuters) - Home owners in small Chinese cities are battling a rare property market downdraft as buyers keep away, eroding the wealth of millions in a blow to alr...
Apr 19, 2022
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