Author Archives: Syndicated Content
Tech stocks drag European shares lower after sombre Wall Street earnings
(Reuters) - European stocks slipped from one-month highs on Wednesday, with technology stocks leading the losses as disappointing results from Wall Street giants and a warning from Dutch semiconductor...
Oct 26, 2022
Turkish competition board fines Meta Platforms $18.6 million
ISTANBUL (Reuters) - Turkey's competition authority said on Wednesday that it had fined Facebook-parent Meta Platforms Inc 346.72 million lira ($18.63 million) for violating competition law. In a stat...
Oct 26, 2022
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) - China's top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on suspicion of taking bribes and abusing power, state broadcaster CCTV said on...
Oct 26, 2022
Cricket-With Pakistan opener in the books, India focused on Dutch
SYDNEY (Reuters) - India are able to breathe a bit easier after getting their T20 World Cup opener against Pakistan out of the way but bowling coach Paras Mhambrey says there is no danger of letting t...
Oct 26, 2022
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) - Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue. Speaking at Riyadh's flagship investmen...
Oct 26, 2022
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) - British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his commitment to the central bank's independence and its inflation target,...
Oct 26, 2022
Mercedes-Benz: top-end, battery-electric sales hampered by supply bottlenecks – CFO
(Corrects headline to say "battery-electric sales", not "battery sales") BERLIN (Reuters) - Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle p...
Oct 26, 2022
Mercedes-Benz to sell shares in Russian subsidiaries to local investor
BERLIN (Reuters) - Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the lat...
Oct 26, 2022
Sentiment among German exporters lifts slightly
BERLIN (Reuters) - Sentiment among German exporters increased slightly in October, although the overall situation remained difficult due to tense energy markets and a weak global economic environment,...
Oct 26, 2022
Reckitt upbeat on sales outlook as prices rise
LONDON (Reuters) - Britain's Reckitt Benckiser on Wednesday said its full-year sales would be at the upper end of previous guidance and reported better than expected quarterly sales, helped by sweepin...
Oct 26, 2022
