Author Archives: Syndicated Content
Foxconn’s May sales drop 9.5% y/y on smartphone weakness
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc, said on Monday that revenue in May fell 9.5% year-on-year due to weakness ...
Syndicated Content Jun 05, 2023
US, India conclude roadmap for defence industrial cooperation
NEW DELHI (Reuters) - India and the United States have concluded a roadmap for defence industrial cooperation between the two countries for the next few years, the Indian government said in a statemen...
Syndicated Content Jun 05, 2023
Belgium investigating whether its weapons were used in Russia, PM says
BRUSSELS (Reuters) - Belgium will ask Ukraine for clarification on reports that rifles made in Belgium had been used by pro-Ukrainian forces to fight Russian troops inside Russia's western border, Bel...
Syndicated Content Jun 05, 2023
Analysis-Smaller UK firms attractive targets for PE buyouts
By Shristi Achar A and Johann M Cherian (Reuters) - Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to priva...
Syndicated Content Jun 05, 2023
Euro zone business growth slowed in May as factories struggled-PMI
LONDON (Reuters) - Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which...
Syndicated Content Jun 05, 2023
European shares open flat; London leads on oil boost
(Reuters) - European shares opened flat on Monday as markets failed to catch the tailwind from a bounce seen last week, while London stocks led regional gains following upbeat performances by energy f...
Syndicated Content Jun 05, 2023
Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
LONDON (Reuters) - There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a n...
Syndicated Content Jun 05, 2023
Israeli energy minister opposed to idea of civilian Saudi nuclear programme
JERUSALEM (Reuters) - Israel's energy minister voiced opposition on Monday to the idea of Saudi Arabia developing a civilian nuclear programme as part of any U.S.-mediated forging of relations between...
Syndicated Content Jun 05, 2023
Volvo Cars sales up 31% in May
HELSINKI (Reuters) - Sweden-based Volvo Cars on Monday posted a 31% rise in monthly sales figures year-on-year, saying it had sold 60,398 cars in May. The car manufacturer, majority-owned by China's G...
Syndicated Content Jun 05, 2023
Global airlines more than double 2023 profit outlook
By Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) - Global airlines more than doubled their 2023 industry profit forecast to $9.8 billion from $4.7 billion on Monday cheered by strong travel deman...
Syndicated Content Jun 05, 2023
Sun Jun 28
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