Author Archives: Syndicated Content
German exports down by 6.3% in December
BERLIN (Reuters) - German exports fell more than expected in December as high inflation and market uncertainty continued to weigh on Europe's largest economy despite fading supply chain problems. Expo...
Feb 02, 2023
Santander books record 9.6 billion euro profit for 2022 but Q4 provisions up
By Jess Aguado MADRID (Reuters) - Santander on Thursday said its 2022 net profit rose 18% to a record 9.6 billion euros ($10.6 billion) on higher lending, though results were overshadowed in the fourt...
Feb 02, 2023
Italy’s TIM says it received non-binding bid for network from KKR
By Elvira Pollina MILAN (Reuters) -Telecom Italia has received a non-binding bid for a controlling stake in its fixed-line network from U.S. investment firm KKR, Italy's biggest phone group said, addi...
Feb 02, 2023
Hong Kong says ‘hello’ to woo back visitors after COVID
HONG KONG (Reuters) - Hong Kong leader John Lee unveiled on Thursday a promotion campaign that will include 500,000 free flights to lure back visitors, businesses and investors to the financial hub af...
Feb 02, 2023
Telenor Q4 profit beats forecast, dividend lags expectations
OSLO (Reuters) - Norwegian telecoms operator Telenor on Thursday reported fourth-quarter earnings slightly above expectations and said forecast continued growth in 2023 in service revenue and core pro...
Feb 02, 2023
TotalEnergies raises by 15% bonus budget for some key French staff
PARIS (Reuters) - French oil giant TotalEnergies said on Thursday that it would raise by 15% the budget allocated to bonuses for some of its staff in France in view of its 2022 results. The gesture fr...
Feb 02, 2023
Shell makes record $40 billion annual profit
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - Shell delivered a record $40 billion profit in 2022, it said on Thursday, capping a tumultuous year in which Russia's invasion of Ukraine allowed t...
Feb 02, 2023
Japan’s biggest bank Mitsubishi UFJ reports 61% drop in Q3 profit
TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc on Thursday reported a 61.2% drop in third-quarter net profit due to a loss related to the sale of U.S. unit MUFG Union Bank, which would be mostly...
Feb 02, 2023
Infineon Q1 revenue comes in slightly below expectations
BERLIN (Reuters) -Infineon, a leading supplier of microchips to the auto industry, on Thursday bumped up its segment result margin outlook for fiscal 2023 to adjust for currency effects as it came in ...
Feb 02, 2023
Pakistan mosque attacker wore police uniform, breached security – police chief
ISLAMABAD (Reuters) - Pakistani police have identified the suicide bomber who attacked a mosque in Peshawar this week, the provincial police chief said on Thursday, adding that the attacker had breach...
Feb 02, 2023
