Exxon’s Record-smashing Q3 Profit Nearly Matches Apple’s
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday smashed expectations as soaring energy prices fuelled a record-breaking quarterly…
October 2022
Signify Cuts Outlook But Sees Demand For Energy-efficient Lights
By Valentine Baldassari (Reuters) -Signify, the world’s biggest lighting maker, cut its full-year outlook on Friday, hit by lower consumer…
Musk Begins His Twitter Ownership With Firings, Declares The ‘bird Is Freed’
By Sheila Dang and Greg Roumeliotis (Reuters) – Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing…
Volkswagen Q3 Earnings Stagnate Below Pre-pandemic Levels
By Victoria Waldersee BERLIN (Reuters) – Volkswagen reported third-quarter earnings of 4.3 billion euros ($4.29 billion), behind pre-pandemic levels, following…
Korean Theme Park Developer’s Bond Default Points To Wider Stress
By Cynthia Kim SEOUL (Reuters) – A missed bond payment by the developer of a South Korean theme park has…
AP sources: Musk in control of Twitter, ousts top executives
Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two…
Sanofi Sees Faster Profit Growth On Dupixent, Flu Vaccine
(Reuters) – French drugmaker Sanofi on Friday projected faster earnings growth this year on strong demand for its bestselling drug…
Airbus Raises Cashflow Target On Strong Dollar
PARIS (Reuters) -Europe’s Airbus raised its 2022 free cashflow forecast on the back of a strong dollar and reaffirmed delivery…
Japan Cabinet OKs $200B spending plan to counter inflation
TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending…
BOJ Keeps Ultra-low Interest Rates, Defies Global Tightening Trend
By Leika Kihara TOKYO (Reuters) – The Bank of Japan kept ultra-low interest rates on Friday and maintained its dovish…