Author Archives: Syndicated Content
Tissue maker Essity’s profit just beats forecasts
STOCKHOLM (Reuters) - Hygiene products group Essity posted on Thursday a second-quarter profit slightly above market expectations and said further price increases would be carried out in the second ha...
Jul 21, 2022
SAP’s quarterly revenue beats estimates, trims 2022 profit outlook
STOCKHOLM (Reuters) - SAP reported second-quarter revenue growth of 13% on Thursday, beating estimates on a boost from its cloud business, although the German business software group trimmed its profi...
Jul 21, 2022
ABB Q2 profit plunges on legacy charges and decision to quit Russia
ZURICH (Reuters) - ABB reported a 50% drop in shareholders' profit during its second quarter as the Swiss engineering and technology company took hefty charges from exiting fringe businesses and its d...
Jul 21, 2022
Japan’s Renesas CEO says no plans to build chip production facilities in U.S
By Jane Lanhee Lee SAN JOSE, Calif (Reuters) - Japanese semiconductor maker Renesas Electronics Corp. has no plans to build chip factories in the United States and will continue to expand production i...
Jul 21, 2022
Athletics-Jeruto claims steeplechase gold, Feng Bin wins women’s discus
EUGENE, Ore. (Reuters) - Norah Jeruto set a World Championships record en route to winning the women's 3,000 metres steeplechase gold while China's Feng Bin outdid Olympic champion Valerie Allman in t...
Jul 21, 2022
Ranil Wickremesinghe sworn in as Sri Lankan president
COLOMBO (Reuters) - Ranil Wickremesinghe was sworn in as the new president of Sri Lanka by the chief justice of the country on Thursday, the president's media office said. Wickremesinghe won 134 votes...
Jul 21, 2022
Exclusive: Taiwan central bank seen making ‘timely’ adjustments, but not sudden off-cycle hike
By Liang-sa Loh TAIPEI (Reuters) - Taiwan's central bank will make timely adjustments to monetary policy considering both global moves and domestic economic performance, but is not in a rush to raise ...
Jul 21, 2022
Hyundai Motor Q2 net profit rises 59%, beats estimates
SEOUL (Reuters) - Hyundai Motor Co posted on Thursday a 59% rise in second-quarter profit as a weak won lifted the value of its earnings abroad and demand remained strong for the South Korean automake...
Jul 21, 2022
Givaudan confirms mid-term targets, works to pass on higher prices
ZURICH (Reuters) - Givaudan confirmed its mid-term targets on Thursday after organic sales grew 6.2% in the first half of the year, helped by strong demand for flavours and improving sales of perfumes...
Jul 21, 2022
Nord Stream 1 gas pipeline nominations show rise for Thursday -operator website
(Reuters) -Nominations on the Nord Stream 1 pipeline for gas flows from Russia into Germany were at 29,284,591 kwh/h for 0600-0700 CET, from zero previously, data from the operator's website showed. D...
Jul 21, 2022
