Author Archives: Syndicated Content
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
Apple supplier Unimicron says Kunshan operations partially resume
TAIPEI (Reuters) - Taiwan's Unimicron Technology Corp said on Thursday that one of its two plants in eastern China's Kunshan would remain closed to comply with COVID-19 curbs but the other would resum...
Apr 20, 2022
Tennis-Djokovic slams ‘crazy’ Wimbledon ban on Russian, Belarusian players
(Reuters) - World number one Novak Djokovic said Wimbledon's decision to ban Russian and Belarusian players over Moscow's invasion of Ukraine is "crazy". Wimbledon announced on Wednesday that it had b...
Apr 20, 2022
Hong Kong reopens venues, extends dining hours as COVID cases fall
HONG KONG (Reuters) - Hong Kong reopened gyms, beauty parlours, theme parks, and cinemas for the first time in more than four months on Thursday, as authorities relax some of the world's most stringen...
Apr 20, 2022
