Author Archives: Syndicated Content
Britain’s BT returns to revenue growth, reaffirms guidance
LONDON (Reuters) -BT Group met market expectations on Thursday with a 1% increase in first-quarter revenue, helped by price rises and improved trading in its consumer division and Openreach networks. ...
Jul 28, 2022
British defence firm BAE names new chair as results top estimates
LONDON (Reuters) -BAE Systems, Britain's biggest defence company, named Cressida Hogg as its next chair on Thursday, as it reported stronger-than-expected half-year results and announced a new share b...
Jul 28, 2022
Anglo American slashes dividend after first-half earnings fall 28%
LONDON (Reuters) - Global miner Anglo American slashed payouts to shareholders after earnings for its first half fell 28% due to lower production and higher costs. Anglo joins rival miners Rio Tinto, ...
Jul 28, 2022
Analysis-Hint of a Fed pause opens door to Asia’s emerging markets
By Rae Wee and Harish Sridharan SINGAPORE (Reuters) - As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually poised to buy in Asia's emerging ...
Jul 28, 2022
Shell reports record profit of $11.5 billion
LONDON (Reuters) - Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices. The company also announced a ...
Jul 28, 2022
Stellantis posts record H1 results despite rising costs, chip headwinds
MILAN (Reuters) - Carmaker Stellantis on Thursday posted record results for the first half of the year despite headwinds including raw material inflation and semiconductor scarcity. The world's fourth...
Jul 28, 2022
Spirits maker Diageo posts 21.4% rise in full-year sales
LONDON (Reuters) -Johnnie Walker whisky maker Diageo on Thursday posted full-year sales up 21.4% as more people drank expensive spirits and bars reopened after pandemic lockdowns last year. Reported n...
Jul 28, 2022
Debt shadow may hang over Kenya’s next president
By Duncan Miriri NAIROBI (Reuters) - Kenya's economic output has more than doubled during President Uhuru Kenyatta's 10 years in office, but a debt binge that fuelled growth and investment could cramp...
Jul 28, 2022
Bears raise bets on Thai baht, dim view on other Asian FX eases – Reuters poll
By Sameer Manekar (Reuters) - Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly but remaine...
Jul 28, 2022
Analysis-As inflation soars, European consumer goods M&A slows
By Richa Naidu LONDON (Reuters) - As a cost-of-living crisis with no end in sight sends shockwaves through Europe, deals in the region's retail and consumer-products industries have slowed dramaticall...
Jul 28, 2022
