Siemens Energy Blames Russia Restructuring For Wider 2022 Loss
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Siemens Energy on Monday blamed a 200 million euro ($204 million) charge…
August 2022
Japan tech giant SoftBank posts $23 billion quarterly loss
TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value…
Take Five: Inflation Still The Name Of The Game
(Reuters) -Latest U.S. inflation numbers are in markets’ sight, especially since Federal Reserve policymakers have come out in force to…
Oil Bounces As China, U.S. Data Ease Recession Concerns
By Florence Tan SINGAPORE (Reuters) -Oil prices bounced higher from multi-month lows on Monday as investors’ appetite improved following data…
Water crisis looms for eastern Ukrainian city of Sloviansk
SLOVIANSK, Ukraine (AP) — The echo of artillery shells thundering in the distance mingles with the din of people gathered…
Asian shares mostly decline on global technology downturn
TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan’s SoftBank, which has…
Utility Veolia Confirms Deal To Sell Suez UK Assets To Macquarie For 2.4 Billion Euros
PARIS (Reuters) – French utility company Veolia confirmed on Monday a deal to sell Suez’s UK waste business to Australia’s…
Asian stocks mixed after US job gain paves way for rate hike
BEIJING (AP) — Asian stocks were mixed on Monday after strong U.S. jobs data cleared the way for more interest…
Japan Intends To Keep Stake In Sakhalin-1 Oil Project – Industry Minister
By Yuka Obayashi TOKYO (Reuters) – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in…
Carlyle CEO Kewsong Lee Steps Down
(Reuters) – Private equity firm Carlyle Group Inc said on Sunday its chief executive officer (CEO) Kewsong Lee, 56, has…