Author Archives: Syndicated Content
Siemens Gamesa’s keeps outlook under review as uncertainty persists
MADRID (Reuters) - Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also confirmed disappointing preliminary se...
May 05, 2022
BNP Paribas expects four U.S. Fed rate hikes of 50 bps each
HONG KONG (Reuters) - Analysts at BNP Paribas expect the U.S. Federal Reserve to hike interest rates by 50 basis points at each of its next four policy meetings, they said on Thursday, pointing to the...
May 05, 2022
Stellantis says Q1 sales rose 12% on strong pricing and vehicle mix
MILAN (Reuters) - Carmaker Stellantis said on Thursday its sales rose 12% in the first quarter of this year supported by strong pricing and vehicle mix, but also by favourable exchange rate effects. N...
May 05, 2022
Shell posts record profit on high energy prices and trading boost
LONDON (Reuters) - Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of its trading division. F...
May 05, 2022
Arm China says its ousted CEO Wu is refusing to pack up
By Josh Ye HONG KONG (Reuters) - Arm China said on Thursday its former CEO Allen Wu was refusing to relinquish his role despite being fired last week and that it would overhaul its communication syste...
May 05, 2022
BMW Q1 profit lifted by Chinese joint venture, strong pricing
LONDON (Reuters) - BMW said on Thursday its first-quarter profit soared thanks to a reevaluation of the German carmaker's stake in its Chinese joint venture, while strong pricing offset lower sales hi...
May 05, 2022
Beijing returns to work after 5-day break on high alert for COVID
By Eduardo Baptista and Andrew Galbraith BEIJING/SHANGHAI (Reuters) - Beijing returned to work on Thursday after a five-day Labour Day holiday with China's capital on high COVID alert as it tries to e...
May 05, 2022
Four-astronaut team departs International Space Station on flight back to Earth
(Reuters) - The third long-duration team of astronauts launched by SpaceX to the International Space Station (ISS) for NASA departed the orbiting outpost early on Thursday to begin their descent back ...
May 05, 2022
Credit Suisse puts Bermuda court case hit at around $600 million
ZURICH (Reuters) - Credit Suisse expects a Bermuda court case to cost it around $600 million, the Swiss bank said in its first-quarter financial report released on Thursday, specifying earlier remarks...
May 05, 2022
Air France-KLM beats earnings forecasts as summer bookings take off
PARIS (Reuters) -Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a recovery in ticket sales and lower unit costs, the Franco-Dutch airline group sa...
May 05, 2022
