Author Archives: Syndicated Content
Glencore could buy more steelmaking coal assets at right price
LONDON (Reuters) - Glencore could consider buying more steelmaking coal assets at right price, good quality and in the right location, the London-listed miner's Chief Executive Gary Nagle said in a br...
Thomson Reuters Aug 07, 2024
UK revises up 2022 economic growth to +4.8%
LONDON (Reuters) - Britain's economy grew more strongly than previously thought in 2022, according to revised official data that gave more weight to the oil and gas sector which was buoyed by high pri...
Thomson Reuters Aug 07, 2024
SoftBank books $70.7 million profit in Q1
TOKYO (Reuters) - Japanese technology investor SoftBank Group swung to a small net profit of 10.4 billion yen ($70.7 million) in the April-June quarter, helped by buoyant valuations of tech stocks and...
Thomson Reuters Aug 07, 2024
Saudi Aramco buys $702 million stake in petrochemical JV from Sumitomo Chem
TOKYO (Reuters) - Saudi Aramco has agreed to buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 million, the companies said in a joint statemen...
Thomson Reuters Aug 07, 2024
Maersk sees sustained global demand, but at a slower pace
COPENHAGEN (Reuters) - Shipping company Maersk on Wednesday said global container demand is expected to remain positive in the coming quarters, though likely growing at a slower pace, while it also wa...
Thomson Reuters Aug 07, 2024
Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts
(Reuters) - Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group posted higher first-half revenue, helped by its measures to mitigate the imp...
Thomson Reuters Aug 07, 2024
Honda posts 23% jump in Q1 operating profit
TOKYO (Reuters) - Japan's Honda Motor reported a 23% increase in first-quarter profit on Wednesday as the automaker benefited from a weaker yen, and maintaining its full-year profit forecast. Japan's ...
Thomson Reuters Aug 07, 2024
Column-Fed's not yet 'behind the curve' :Mike Dolan
By Mike Dolan LONDON (Reuters) - The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession. For all the wild financial swings and...
Thomson Reuters Aug 07, 2024
WPP agrees to sell stake in FGS Global to KKR for $775 million
LONDON (Reuters) - British ad group WPP on Wednesday agreed to sell its controlling stake in FGS Global to minority shareholder KKR for $775 million, implying an enterprise value for the financial PR ...
Thomson Reuters Aug 07, 2024
Puma narrows FY core profit outlook
(Reuters) - German sportswear maker Puma on Wednesday narrowed down its outlook for full-year core profit, citing expected higher freight costs and continued muted consumer sentiment, especially in Ch...
Thomson Reuters Aug 07, 2024
Coldwater, MI, USA
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