Author Archives: Syndicated Content
Norsk Hydro Q3 beats forecast, outlook more uncertain
OSLO (Reuters) - Norwegian aluminium producer Norsk Hydro on Tuesday posted third-quarter profits well above expectations but said its outlook had been made more uncertain as high energy prices and in...
Oct 25, 2022
Novartis earnings slip 4% on strong dollar, Gilenya competition
By Ludwig Burger (Reuters) -Quarterly operating income at Swiss drugmaker Novartis slipped as competition weighed on prescriptions of multiple sclerosis drug Gilenya, but the earnings outlook at gener...
Oct 25, 2022
Cryptoverse: British pound fiasco boosts bitcoin’s hedge appeal
By Lisa Pauline Mattackal (Reuters) - As a developed nation, you know your currency's in a spot of bother when investors start to hedge with bitcoin. After Britain's brief Prime Minister Liz Truss unl...
Oct 25, 2022
U.S. nitrogen exports jump as Europe scrambles for fertilizer
By Rod Nickel, Mark Weinraub and Maytaal Angel CHICAGO/LONDON (Reuters) - U.S. exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe drove ...
Oct 25, 2022
Analysis-Decade of central bank largesse haunts taxpayers as losses loom
By Francesco Canepa FRANKFURT (Reuters) - For more than a decade since the global financial crisis, central bankers pumped trillions of dollars of cheap money into the financial system to keep the eco...
Oct 25, 2022
Sunak will do his best for Britain, billionaire father-in-law says
NEW DELHI (Reuters) - Rishi Sunak will do his best for Britain when he takes over as prime minister on Tuesday, said his father-in-law, Indian billionaire N.R. Narayana Murthy, the founder of software...
Oct 25, 2022
Marketmind: Delayed, not denied
A look at the day ahead in European and global markets from Ankur Banerjee Less than two months after Rishi Sunak lost the race to become Britain's Prime Minister, the 42-year-old former finance minis...
Oct 25, 2022
UBS third-quarter profit slides but beat expectations
ZURICH (Reuters) - UBS on Tuesday reported a 24% fall in third-quarter net profit on a decline in market activity, although it beat expectations due to a rise in client funds. UBS results follow a mix...
Oct 25, 2022
Tennis-Nadal to return at Paris Masters, says coach
(Reuters) - Rafa Nadal will return to competition at next week's Paris Masters before taking his place at the season-ending ATP Finals, coach Carlos Moya said. Nadal has struggled with injuries this y...
Oct 25, 2022
Cyclone lashes Bangladesh killing nine, flooding low-lying areas
By Ruma Paul DHAKA (Reuters) - A cyclone roared into the Bangladesh coast on Tuesday, killing at least 9 people, destroying houses, uprooting trees and disrupting road, power and communication links, ...
Oct 25, 2022
