German FinMin pitches $10B tax cuts to ease inflation pain
BERLIN (AP) — Germany’s finance minister said Wednesday that the government plans to make tax cuts worth more than 10…
August 10, 2022
Oil Drops On Druzhba Pipeline News And U.S. Inflation Expectations
By Rowena Edwards LONDON (Reuters) -Oil prices edged lower on Wednesday on expectations that Druzhba pipeline flows will resume shortly…
Japan’s Honda sees declining profits on semiconductor crunch
TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a…
Japan’s Toshiba boosts profit on devices, auto sector demand
TOKYO (AP) — Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked…
Apple Supplier Foxconn Cautious On Outlook As Smartphone Sales Slow
By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn gave a cautious outlook for the current quarter…
Shares Slip, Dollar Steady As Investors Await Inflation Data
By Sam Byford and Lawrence White TOKYO/LONDON (Reuters) – Stocks trembled on Wednesday while major currencies held steady as investors…
Cathay Pacific losses narrow as COVID-19 restrictions ease
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday that losses in the first half of the…
ABN Amro’s Quarterly Profit Beats Estimates Despite Rising Costs
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit…
Asian shares track Wall Street gains on cooling inflation
BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered…
Prudential Says First-half Profit Up 8%; Warns Of Persistent COVID Woes
By Selena Li HONG KONG (Reuters) -Prudential Plc posted on Wednesday a rise of 8% in its first-half operating profit,…