Author Archives: Syndicated Content
Nestle Q1 growth beats expectations thanks to strong price increases
ZURICH (Reuters) -Food group Nestle on Thursday confirmed its margin and sales growth targets for 2022 after strong price increases to counter cost inflation helped organic sales rise more than expect...
Apr 21, 2022
NBA roundup: OT win gives Sixers 3-0 edge on Raptors
Joel Embiid sank a turnaround 3-pointer with 0.8 seconds to play in overtime and the visiting Philadelphia 76ers defeated the Toronto Raptors 104-101 in Game 3 of their Eastern Conference first-round ...
Apr 21, 2022
Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator – FT
(Reuters) - Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the Financial Times reported on Thu...
Apr 21, 2022
For oil refiners, now is the summer of distillate content
By Laura Sanicola (Reuters) - Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been t...
Apr 21, 2022
ABB posts ‘promising’ start to 2022 with big jump in orders
ZURICH (Reuters) - ABB expects to continue its "promising" start to 2022, the engineering and technology company said on Thursday, after posting better-than-expected profit and a big jump in orders du...
Apr 21, 2022
Japan ruling bloc set to agree extra budget for economic relief – Kyodo
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Japan's ruling coalition is set to agree on a supplementary budget to fund economic relief measures to help households and small business cope ...
Apr 21, 2022
Weak won fuels Hyundai Motor Q1 profit, offsets chip shortage, costs
By Heekyong Yang SEOUL (Reuters) - Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports and offsetting a prolonged ch...
Apr 21, 2022
Biden to speak on Ukraine war amid expectation of new military aid
WASHINGTON (Reuters) - President Joe Biden will deliver an update on the Russian invasion of Ukraine on Thursday as he works to complete a new arms package for its military. Biden is to address Americ...
Apr 21, 2022
IMF chief warns of risks from a prolonged China slowdown
BOAO, China (Reuters) - A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said on Thursday, but added that Beijing has room to adjust p...
Apr 20, 2022
Japan explained to G7 yen’s ‘somewhat rapid’ declines – Finance Minister Suzuki
By Leika Kihara TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Thursday that he explained to his G7 counterparts the yen's recent "somewhat rapid" declines. "I believe the G7's ba...
Apr 20, 2022
