Author Archives: Syndicated Content
New Swedish govt cuts fuel taxes, boosts defence in first budget
STOCKHOLM (Reuters) - Sweden's new right-wing government will raise spending by around 40.4 billion Swedish crowns ($3.71 billion) in 2023, it said on Tuesday, in an outline of its first budget since ...
Nov 08, 2022
Analysis-North Korea’s missile launches show no scarcity of weapons funding, materials despite sanctions
By Josh Smith SEOUL (Reuters) - North Korea's record year of missile launches has shown its willingness to pour resources into producing and deploying more weapons than ever - and sanctions have done ...
Nov 08, 2022
Aveva signals revenue growth in the second half
LONDON (Reuters) - Aveva, the British software company targeted by its top shareholder Schneider Electric, said on Tuesday it expected revenue to grow in the second half, while increases in its cost b...
Nov 08, 2022
Authorities turn seized home towers at Evergrande’s resort island to rental, commercial use
HONG KONG (Reuters) - Almost 40 residential buildings of China Evergrande Group's mega resort project on Hainan island seized by the local government will be completed for rental housing, serviced apa...
Nov 08, 2022
Soccer-Qatar World Cup ambassador says homosexuality is ‘damage in the mind’
BERLIN (Reuters) - A Qatar World Cup ambassador has told German television ZDF that homosexuality was "damage in the mind", as the Gulf state prepares to host the global tournament in less than two we...
Nov 08, 2022
Depressed stocks spur explosive growth in China onshore bond funds
By Summer Zhen HONG KONG (Reuters) - A turbulent stock market and easy monetary conditions have made bond funds in mainland China the most preferred investment this year, and possibly the best-perform...
Nov 08, 2022
Primark owner says higher costs, weaker consumer to weigh on 2022-23 outcome
LONDON (Reuters) - Primark owner Associated British Foods reported a 42% increase in 2021-22 profit but reiterated its forecast for a drop in profit in its current year due to higher energy and curren...
Nov 08, 2022
Bottler Coca-Cola HBC raises 2022 profit outlook on steady demand
(Reuters) - Soft drinks bottler Coca-Cola HBC AG raised its full-year profit forecast on Tuesday, as increasing prices helped the soft drinks bottler to keep up the fizz for its sodas. Sky-high inflat...
Nov 08, 2022
Renault, Google expand ties in automotive software
PARIS (Reuters) - Renault and Google said on Tuesday that they are expanding their partnership in software services for future Renault vehicles, adding that Google will become the preferred cloud supp...
Nov 08, 2022
Henkel raises 2022 forecasts thanks to flourishing adhesives business
BERLIN (Reuters) - Germany's Henkel on Tuesday increased its full-year sales and profit guidance after reporting a 17% sales increase to 5.98 billion euros ($5.98 billion) in the third quarter, which ...
Nov 08, 2022
