Category Archives:
BOJ’s Kuroda says targeting shorter yield under YCC among future options
TOKYO (Reuters) - The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield as an option when the time comes to exit its ultra-easy policy, the central bank's g...
Jan 28, 2022
China regulator issues draft rules for cyberspace content providers
(Reuters) - China's cyberspace regulator issued draft rules on Friday for content providers that use deep learning and virtual reality technology, the latest measure to mould a cyberspace that promote...
Jan 28, 2022
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean steelmaker POSCO's operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher pri...
Jan 28, 2022
Italy’s A2A ups investments to 18 billion euros by 2030 to cut carbon footprint
MILAN (Reuters) - Italy's largest regional utility A2A said late on Thursday it would increase by 2 billion euros ($2.23 billion) investments aimed at cutting carbon emissions while improving its 2030...
Jan 28, 2022
UK’s Capita to sell IT services business Trustmarque for $149 million
(Reuters) - British outsourcer Capita Plc said on Friday it would sell its IT services and solutions business Trustmarque to private equity firm One Equity Partners for 111 million pounds ($148.64 mil...
Jan 28, 2022
Carmaker Stellantis flags improved business performance in China
PARIS (Reuters) - Carmaker Stellantis on Friday said that its business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles. ...
Jan 28, 2022
Lighting maker Signify’s Q4 profit up despite high raw material costs
AMSTERDAM (Reuters) - Signify NV, the world's largest lighting maker, reported a 6% increase in fourth-quarter core earnings on Friday, as higher sales offset a rapid increase in the prices of raw mat...
Jan 28, 2022
Electrolux Q4 profit falls
STOCKHOLM (Reuters) - Sweden's Electrolux reported on Friday a drop in fourth-quarter operating profit and said it expects demand levels to be above pre-pandemic levels in 2022. Operating profit at Eu...
Jan 28, 2022
Truck maker AB Volvo Q4 core profit matches forecast
STOCKHOLM (Reuters) - Swedish truck maker AB Volvo reported fourth-quarter core earnings in line with market expectations on Friday and said demand for trucks across key regions remained high. Adjuste...
Jan 28, 2022
H&M’s September-November profit rises more than expected
STOCKHOLM (Reuters) - Sweden's H&M reported on Friday a bigger pretax profit than expected for the September-November period, its fiscal fourth quarter. Pretax profit at the world's second-biggest fas...
Jan 28, 2022
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