Category Archives:
Monte dei Paschi posts 388 million euros loss hit by layoff costs
MILAN (Reuters) -State-owned Italian bank Monte dei Paschi di Siena (MPS) on Friday reported a 388 million loss for the third quarter after booking charges to lay off staff through a costly voluntary ...
Nov 11, 2022
Credit Suisse cuts about 8 jobs in SEA, part of Asia job cuts -sources
SINGAPORE (Reuters) - Credit Suisse has cut about eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after the Swiss ba...
Nov 11, 2022
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) - Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with kn...
Nov 11, 2022
Japan Oct consumer inflation likely to hit four-decade high – Reuters poll
TOKYO (Reuters) - Japan's core consumer inflation rate is expected to hit a forty-year high in October as a weak yen pushed up raw material costs for companies, leaving some with little option but to ...
Nov 11, 2022
Regulators in focus as Airbus and Qatar Airways return to court
By Tim Hepher LONDON (Reuters) - Airbus and Qatar Airways will resume a London court battle on Friday that thrusts their relations with regulators into the spotlight in a dispute over the safety of gr...
Nov 11, 2022
Richemont posts first half loss after writedown from YNAP exit
ZURICH (Reuters) - Richemont reported on Friday a shareholders net loss of 760 million euros ($776.72 million) during the first half of its financial year after the luxury group took a 2.7 billion eur...
Nov 11, 2022
Japan’s SoftBank books first-half net loss on sliding tech valuations
TOKYO (Reuters) - SoftBank Group Corp on Friday booked a first-half net loss, hurt by a slide in its tech portfolio. The Japanese tech group booked a net loss of 129.1 billion yen ($912.69 million) in...
Nov 11, 2022
Toshiba reports 75% plunge in Q2 operating profit, cuts full-year outlook
TOKYO (Reuters) - Japan's Toshiba Corp on Friday reported a 75% slump in second-quarter operating profit and lowered its full-year earnings outlook. It posted an operating profit of 7.54 billion yen (...
Nov 11, 2022
Stories of trauma, resilience spotlighted at Palestinian film festival
By Henriette Chacar RAMALLAH, West Bank (Reuters) - The fate of a Palestinian girl forced into exile during the 1948 war of Israel's creation remains unknown. But her story took on new life in a film ...
Nov 11, 2022
Factbox-Over 62,000 without power in Florida from storm Nicole
(Reuters) - More than 62,000 homes and businesses in Florida were still without power on Friday after storm Nicole crashed into the state's east coast. Utilities have already restored service to nearl...
Nov 11, 2022
Peoria, IL, USA
65 °F Rain With Thunderstorm, Mist
