Author Archives: Syndicated Content
Tennis-Medvedev win no great surprise for confident Kyrgios
(Reuters) - Nick Kyrgios continued his career best run of form by taking out world number one Daniil Medvedev at the Canadian Masters on Wednesday - a win that surprised everyone but the Australian. C...
Aug 11, 2022
Coca-Cola HBC flags one-time $195 million hit from Russian operations
(Reuters) - Coca-Cola HBC AG said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first-half due to costs related to its business in Russia after it stopped sale o...
Aug 11, 2022
Advent to sell Bioduro stake, eyes valuation over $1 billion – sources
By Kane Wu and Roxanne Liu HONG KONG/BEIJING (Reuters) - Buyout firm Advent International plans to sell a majority stake in U.S.-based Bioduro-Sundia in a deal that could value the drug development an...
Aug 11, 2022
Siemens’ writedown pushes company into first loss since 2010
By John Revill ZURICH (Reuters) - Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the...
Aug 11, 2022
S.Africa’s MTN first-half earnings jump 46.5%
(Reuters) - South African mobile operator MTN Group said on Thursday its first-half earnings surged 46.5% as it added more subscribers. MTN, which operates across Africa and the Middle East, reported ...
Aug 11, 2022
Valneva cuts full-year outlook on lower COVID-19 vaccine sales
(Reuters) - Vaccine developer Valneva on Thursday cut its full-year revenue outlook to account for lower orders of its COVID-19 vaccine after both the European Union and the UK walked away from supply...
Aug 11, 2022
China property think tank apologises for high vacancy rate report
BEIJING (Reuters) - A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a heated public discussion with its report on rising housing vacancy rates in China, and that...
Aug 11, 2022
Several cities in China adds COVID curbs as millions still under lockdown
BEIJING (Reuters) - Several COVID-hit Chinese cities from the country's east to west imposed fresh restrictions and lockdowns on their populations on Thursday to contain flare-ups that are again threa...
Aug 11, 2022
Zurich reports consensus-beating 25% jump in H1 operating profit
BERLIN (Reuters) - Zurich reported a better-than-expected 25% rise in operating profit to $3.39 billion in the first half on Thursday, with both its property and casualty and its life businesses outpe...
Aug 11, 2022
Credit Suisse moves English court in $440 million SoftBank dispute
(Reuters) - Swiss lender Credit Suisse Group AG sought the English High Court last week to initiate formal legal proceedings against Japan's SoftBank Group Corp over a $440 million dispute, the Financ...
Aug 11, 2022
