Category Archives:
Siemens Energy: EU green deal lacks details on implementation
FRANKFURT (Reuters) - Plans by the European Union to loosen state aid rules in order to boost local industry and compete with U.S. support schemes tackle the right issues but lack clarity over impleme...
Syndicated Content Feb 07, 2023
German industrial output falls more than expected in December
BERLIN (Reuters) - German industrial production fell more than expected in December, decreasing by 3.1% on the previous month, the federal statistical office said on Tuesday. In a Reuters poll, analys...
Syndicated Content Feb 07, 2023
French strike disrupts power supply and petrol deliveries
PARIS (Reuters) - A national strike against planned pension reforms reduced France's power supply and disrupted petrol deliveries from French refineries on Tuesday. Strikes have been taking place sinc...
Syndicated Content Feb 07, 2023
S. Africa’s Sasol expects HY profit to double on higher oil price
(Reuters) - South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational challenges in its domestic unit. Saso...
Syndicated Content Feb 07, 2023
Nintendo promises 10% pay hike even as it trims profit outlook
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers' base pay by 10% even though a firmer yen forced it to trim its full-year profit forecast. The hefty...
Syndicated Content Feb 07, 2023
ANZ to raise home loan rate by 25 bps, matching central bank move
(Reuters) - Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank's latest interest rate ...
Syndicated Content Feb 07, 2023
DCG sells shares in Grayscale as it seeks to raise funds – FT
(Reuters) - Digital Currency Group (DCG) is selling shares in several of its cryptocurrency funds at a high discount, and has started offloading its holdings in investment vehicles run by subsidiary G...
Syndicated Content Feb 07, 2023
SoftBank posts loss as Vision Fund in the red for fourth straight quarter
TOKYO (Reuters) -SoftBank Group Corp on Tuesday booked a net loss for October-December, with its giant Vision Fund investment unit staying in the red for the fourth straight quarter as tech portfolio ...
Syndicated Content Feb 07, 2023
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) - Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revol...
Syndicated Content Feb 07, 2023
BNP Paribas misses Q4 market expectations, raises 2025 targets
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) - BNP Paribas, the euro zone's biggest lender, posted a lower-than-expected net profit in the fourth quarter, as a jump of its cost of risk and...
Syndicated Content Feb 07, 2023
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