Author Archives: Syndicated Content
ArcelorMittal Q2 earnings beat expectations, buys Brazil’s CSP
BRUSSELS (Reuters) - ArcelorMittal, the world's second-largest steelmaker, reported higher than expected second-quarter earnings on Thursday helped by sharply higher prices and announced it had agreed...
Jul 28, 2022
Spain’s Telefonica raises annual forecast, posts 320-million-euro Q2 profit
MADRID (Reuters) - Spanish telecom firm Telefonica on Thursday raised its annual revenue and earnings outlook and reported a net profit of 320 million euros ($326.50 million) for the second quarter. T...
Jul 28, 2022
Japan to avoid capping defence spending next year – draft document
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) - Japan will hold off on setting a ceiling for next fiscal year's defence spending, a draft of the government's budget outline reviewed by Reu...
Jul 28, 2022
Telenet reports core profit falls 3% in H1
(Reuters) - Telecom firm Telenet reported core profit fell 3% in the first half of the year, citing the impact of inflation and higher energy prices. The group reported adjusted earnings before intere...
Jul 28, 2022
Volkswagen confirms outlook as operating profits tumble in Q2
BERLIN (Reuters) -The Volkswagen Group saw a 27.7% fall in operating profit before special items to 4.7 billion euros ($4.79 billion) in the second quarter, the carmaker reported on Thursday, as negat...
Jul 28, 2022
Sanofi lifts profit outlook as Dupixent sales surge over 43%
(Reuters) - French healthcare group Sanofi lifted its full-year earnings outlook on continued strong sales growth for its bestselling drug Dupixent. In a statement on Thursday, Sanofi said it now expe...
Jul 28, 2022
Congo oil blocks auction draws warnings of environmental catastrophe
By Benoit Nyemba and Aaron Ross KINSHASA (Reuters) - Licensing rights for 30 oil and gas blocks in the Democratic Republic of Congo will go up for auction on Thursday, opening parts of the world's sec...
Jul 28, 2022
HeidelbergCement lowers profit outlook on high energy costs
FRANKFURT (Reuters) - HeidelbergCement, the world's No.2 cement maker, on Thursday posted a 4.3% drop in second-quarter core profit, citing challenges ahead because of an unprecedented increase in ene...
Jul 28, 2022
Australia makes monkeypox a disease of national significance
SYDNEY (Reuters) - Australia said on Thursday the spread of monkeypox was now a "communicable disease incident of national significance" to allow for a more coordinated response, following the World H...
Jul 28, 2022
Orange Q2 core operating profit up 0.5% on Africa, Middle East boost
PARIS (Reuters) - Orange, France's biggest telecoms firm, said on Thursday second-quarter core operating profit rose 0.5% from a year earlier, as strong growth from its African and Middle East divisio...
Jul 28, 2022
