Author Archives: Syndicated Content
Bank SEB’s Q2 net profit beats expectations
STOCKHOLM (Reuters) - Swedish bank SEB reported a smaller drop than forecast in net profit for the second quarter on Thursday and said credit losses were likely to remain at a low level for the full y...
Jul 14, 2022
U.S. gasoline prices are finally falling. Why?
By Laura Sanicola (Reuters) - After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world's largest user of the fu...
Jul 14, 2022
Pepco revenue rises as inflation-hit shoppers lean on discount stores
BENGALURU (Reuters) -Poundland and Dealz owner Pepco Group on Thursday posted a 17.1% rise in third-quarter revenue as cash-strapped shoppers fuelled demand at its discount stores. Revenue rose to 1.2...
Jul 14, 2022
Philippines Finance Minister says economy robust enough to absorb aggressive rate hike
MANILA (Reuters) - The Philippine economy continues to be robust to absorb the 75 basis points increase in the central bank's benchmark interest rates, given an expansion in economic activity early th...
Jul 14, 2022
South Korean foreign minister to visit Japan from July 18 – NHK
TOKYO (Reuters) - South Korean Foreign Minister Park Jin will meet Japanese Prime Minister Fumio Kishida during a visit to Japan from July 18 for talks, public broadcaster NHK said on Thursday. Ties h...
Jul 14, 2022
U.S. venture capital dealmaking slows on economic uncertainty
(Reuters) - Venture capital dealmaking in the United States dipped in the first half of 2022, as investors shied away from signing large checks for startups due to uncertain macroeconomic conditions a...
Jul 14, 2022
Back-to-school spending to set record on pricier supplies – report
By Deborah Mary Sophia (Reuters) - Retailers are set for the strongest back-to-school shopping season on record as inflation drives up prices of clothes and supplies and more students return to physic...
Jul 14, 2022
Net zero climate target could fail without more copper supply – report
By Ernest Scheyder (Reuters) - Efforts to reach carbon neutrality by 2050 are likely to remain out of reach as copper supply fails to match demand amid growing use of solar panels, electric vehicles a...
Jul 14, 2022
Swedish court verdict in Iran prison executions trial due Thursday
STOCKHOLM (Reuters) - A Swedish court on Thursday will deliver its verdict in the high-profile trial of a former Iranian official accused of taking part in the mass execution and torture of political ...
Jul 14, 2022
TikTok maker ByteDance takes aim at lifestyle leader Xiaohongshu with new app
BEIJING (Reuters) - TikTok's Chinese owner ByteDance is looking for its next big hit by wading deeper into the lifestyle sector of social media with Kesong, a shopping and lifestyle recommendations ap...
Jul 13, 2022
