Author Archives: Syndicated Content
Campari shares tumble more than 14% after results miss expectations
MILAN (Reuters) - Shares in Campari were down over 14% in early trading after the Italian spirits group missed analysts' third-quarter earnings expectations. "Third quarter revenues missed expectation...
Oct 30, 2024
Italy economy stagnates in Q3, in blow to Meloni government
By Gavin Jones ROME (Reuters) -Italian gross domestic product stagnated in the third quarter compared with the previous three months, preliminary data showed on Wednesday, missing forecasts and castin...
Oct 30, 2024
China stimulus should go hand in hand with reforms, ex central bank adviser says
BEIJING (Reuters) - China's stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, sai...
Oct 30, 2024
AMD shares slump as forecast disappoints AI-focused investors
(Reuters) - Advanced Micro Devices shares fell 8% on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI boom. AMD could lose arou...
Oct 30, 2024
Japan economic panel calls for early start of talks on raising minimum wages
By Makiko Yamazaki TOKYO (Reuters) - Japanese Prime Minister Shigeru Ishiba's economic advisory panel on Wednesday called on the government, management and labour unions to swiftly start talks on rais...
Oct 30, 2024
Japan's life insurers set to buy JGBs in Oct-March, weigh risk returns
By Tomo Uetake TOKYO (Reuters) - Japan's major life insurers are expected to continue purchasing Japanese government bonds (JGBs) into the second half of the fiscal year, but the pace and extent of th...
Oct 30, 2024
KDP wins Iraqi Kurdish parliamentary election, commission says
BAGHDAD (Reuters) - The ruling Kurdistan Democratic Party (KDP) came first in a parliamentary election in the semi-autonomous Kurdistan Region of Iraq, winning 39 seats, the election commission said o...
Oct 30, 2024
Ukraine, Russia in talks on halting strikes on energy facilities, FT reports
(Reuters) - Ukraine and Russia are in the early stages of negotiations about potentially halting airstrikes on each other's energy facilities, the Financial Times reported, citing unnamed people famil...
Oct 30, 2024
Top Taiwan chip designer MediaTek says geopolitical risks 'difficult' subject
TAIPEI (Reuters) - The chief executive of Taiwan's top chip design company MediaTek said on Wednesday that geopolitical risk is a very difficult subject but they have a strong compliance programme and...
Oct 30, 2024
German unemployment rises more than expected in October, labour office says
BERLIN (Reuters) - The number of people out of work in Germany rose more than expected in October, federal labour office figures showed on Wednesday. The office said the number of unemployed increased...
Oct 30, 2024
