Italy’s Antitrust Probes Samsung Over Alleged Unfair Commercial Practices
MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it had opened an investigation against Samsung in Italy and two…
July 2022
French Company Danone Raises 2022 Sales Outlook After Q2 Sales Beat Forecasts
PARIS (Reuters) – Danone raised its 2022 revenue growth outlook after posting a 7.7% jump in second quarter like-for-like sales…
Asian stocks follow Wall St lower before likely US rate hike
BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate…
Australia’s rising inflation lifts risk of 4th rate hike
CANBERRA, Australia (AP) — Australian inflation rose farther, according to new data released on Wednesday that increases the likelihood of…
Bangladesh Seeking IMF Loan, Finance Minister Confirms -paper
DHAKA (Reuters) – Bangladesh has asked the International Monetary Fund to start negotiations for a loan, the finance minister told…
Visa’s profits jump 32% as consumers start traveling again
NEW YORK (AP) — Visa Inc. said Tuesday that its fiscal third quarter profits rose 32% from a year earlier,…
Canadian Miner Teck CEO Lindsay To Step Down; Quarterly Profit Surges
(Reuters) -Teck Resources Ltd said on Tuesday Chief Executive Officer Don Lindsay will step down after 17 years with the…
Australian Inflation Speeds To 21-year High, Peak Still To Come
By Wayne Cole SYDNEY (Reuters) -Australian inflation sped to a 21-year high last quarter and is likely to accelerate even…
Euro Fragile As Fed Hike Looms, Gas Risks Weigh
By Rae Wee SINGAPORE (Reuters) – The euro nursed losses on Wednesday after its sharpest drop in two weeks, as…
Walmart’s Mexico Unit Posts 12% Quarterly Profit Rise, Despite Cost Pressures
MEXICO CITY (Reuters) -Walmart’s Mexico unit posted a nearly 12% quarterly net profit increase as tighter operations and new income…