Author Archives: Syndicated Content
S.Korea’s Hyundai Motor Group plans to raise stake in startup – report
SEOUL (Reuters) - South Korea's Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a new...
Jul 29, 2022
Swiss Re net profit down 85% in first half of year
FRANKFURT (Reuters) - Swiss Re posted an 85% fall in net profit in the first half of the year, the reinsurance company said on Friday, hurt by the effect of the war in Ukraine and volatile markets. Th...
Jul 29, 2022
Russia exit puts Renault in the red for H1, but 2022 outlook upgraded
PARIS (Reuters) - Carmarker Renault took a 1.357 billion euro ($1.39 billion) net loss in the first half of this year from the cost of closing its Russian business in the wake of the Ukraine war, but ...
Jul 29, 2022
Marketmind: The consumer’s deep pockets and short arms
A look at the day ahead in markets from Anshuman Daga. If markets were looking for more news to support the recent Fed-induced optimism, then earnings scorecards from Apple and Amazon provided the boo...
Jul 29, 2022
ECB nemesis Kerber weighs action against new debt shield
By Frank Siebelt FRANKFURT (Reuters) - The German academic behind the European Central Bank's biggest court setback is weighing legal action against the ECB's new bond-market shield, which he sees as ...
Jul 29, 2022
Exclusive-Ben & Jerry’s, Unilever talks on out-of-court deal on Israeli dispute break down
By Jessica DiNapoli NEW YORK (Reuters) - Ben & Jerry's and its parent company Unilever Plc did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker's Israeli business ...
Jul 29, 2022
BNP Paribas: investment banking, sound loans boost Q2 profits
PARIS (Reuters) - French bank BNP Paribas reported better than expected profits in the second quarter as bad loan provisions dipped despite the economic slowdown and business remained buoyant, particu...
Jul 29, 2022
Reports: Mets acquire OF Tyler Naquin from Reds
The New York Mets are acquiring outfielder Tyler Naquin and reliever Phillip Diehl from the Cincinnati Reds for two minor-leaguers, multiple media outlets reported Thursday night. The Reds would recei...
Jul 29, 2022
UK says Russia’s Wagner allocated responsibility for specific sectors of front line in Ukraine
(Reuters) - Russian private military firm Wagner has likely been allocated responsibility for specific sectors of the front line in eastern Ukraine, possibly as Russia is facing a major shortage of co...
Jul 29, 2022
China will keep forex market steady in H2 – forex regulator
BEIJING (Reuters) - China will keep its foreign exchange markets steady in the second half of this year and will safeguard the country's economic and financial security, the foreign exchange regulator...
Jul 29, 2022
