Author Archives: Syndicated Content
ABN Amro’s quarterly profit beats estimates despite rising costs
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros ($485 million), as the release of previous impairme...
Aug 10, 2022
Aviva plans further capital return as H1 profit rises
LONDON (Reuters) - British insurer Aviva said on Wednesday it planned to give more money back to shareholders as it posted a better-than-expected 14% rise in first-half operating profit, helped by str...
Aug 10, 2022
Russian security forces raid house of TV protestor Ovsyannikova – lawyer
(Reuters) - Russian state security services on Wednesday searched the house of former state TV journalist Marina Ovsyannikova, who in March denounced the war in Ukraine during a live news bulletin on ...
Aug 10, 2022
Toshiba logs surprise quarterly operating loss on higher materials costs
TOKYO (Reuters) - Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials. ...
Aug 10, 2022
Apple supplier Foxconn’s Q2 profit up 12% on cloud demand
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Wednesday a 12% jump in second-quarter net profit, beating market estimates, helped by strong demand for its cloud computing products. The Taiw...
Aug 10, 2022
Wind turbine maker Vestas Q2 hit by higher costs
COPENHAGEN (Reuters) -Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs. Heightened competition, supply disruptions due to the pa...
Aug 10, 2022
Supermarket retailer Ahold shelves plan to spin off Bol.com
AMSTERDAM (Reuters) - Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an initial public offering (IPO) of its non-food retailer, Bol.com, because of unfavourable market ...
Aug 10, 2022
Taiwan residents largely calm in the face of Chinese anger
By Ann Wang and I-Hwa Cheng PINGTUNG, Taiwan (Reuters) - Many people on self-ruled Taiwan look upon China's unprecedented military exercises with calm resignation, doubting that war is imminent and if...
Aug 10, 2022
Honda posts 9% fall in Q1 profit, beats estimate
TOKYO (Reuters) - Japan's Honda Motor Co on Wednesday posted a better-than-expected 9% drop in first-quarter operating profit, squeezed by COVID-19 restrictions in China that curtailed production and ...
Aug 10, 2022
Norway’s core inflation rises more than expected
OSLO (Reuters) - Norway's core inflation jumped in July to its highest level in more than two decades, exceeding forecasts as the costs of food soared 7.6%, Statistics Norway data showed on Wednesday....
Aug 10, 2022
