Huawei’s Q1 sales down 14% as U.S. sanctions remain
SINGAPORE (AP) — Chinese telecoms equipment and smartphone maker Huawei’s sales fell 14% in January-March from a year earlier as…
April 2022
Pernod Ricard Q3 Sales Beat Forecasts, Cautious On Q4
By Dominique Vidalon PARIS (Reuters) -French spirits group Pernod Ricard posted a forecast-beating 20% jump in third quarter sales on…
China To Cut Coal Import Tariffs To Zero From May 1
BEIJING (Reuters) – China will cut import tariffs for all types of coal to zero from May 1, 2022, until…
Dollar Climbs Towards 20-year High; Earnings Buoy Stocks
By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar was on the cusp on Thursday of its highest…
Asian shares mostly higher after tech-led rebound on Wall St
Stocks were mostly higher in Asia on Friday after a rally on Wall Street led by technology companies. U.S. futures…
TotalEnergies Ramps Up Buybacks After Earnings Leap
(Reuters) – TotalEnergies will expand plans to buy back its own shares, the French energy group said on Thursday after…
UBS’s Chin Steps Down As China Head, To Be Replaced By Qian -source
HONG KONG (Reuters) – UBS Group’s China country head David Chin has stepped down from the role but will remain…
StanChart Profit Beats Estimates, Flags Bullish Outlook On Rising Rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) – Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, as…
StanChart Q1 Profit Beats Estimates, Gives Bullish Outlook
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) – Standard Chartered’s first-quarter pre-tax profit rose 6%, beating market expectations, as…
EXPLAINER: What Twitter could do as privately held company
NEW YORK (AP) — If Elon Musk and Twitter get their way, the company will soon be privately held and…