Credit Suisse Flags Weak 2022, Ends Torrid Year With $2.2 Billion Quarterly Loss
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse on Thursday capped a scandal-ridden year with a $2.2 billion quarterly loss…
2022
Bombardier Reports Q4 Adjusted Profit On Higher Aircraft Margins
(Reuters) -Canadian business jet maker Bombardier Inc reported an adjusted quarterly profit on Thursday, helped by higher aircraft margins and…
Boris Johnson’s woes overshadow trip to ease Ukraine crisis
LONDON (AP) — British Prime Minister Boris Johnson couldn’t escape his domestic woes during a trip to Belgium and Poland…
PepsiCo Revenue Surges On Higher Prices, Inflation Worries Loom
(Reuters) -PepsiCo Inc beat analysts’ estimates for quarterly revenue by more than $1 billion on Thursday, helped by higher prices…
L’Oreal Shares Slip As Marketing Spending Weighs On Margins
PARIS (Reuters) -Shares in the world’s largest cosmetics company L’Oreal dropped on Thursday as higher marketing spending put pressure on…
Credit Suisse posts $2.2B loss to end ‘challenging year’
GENEVA (AP) — Credit Suisse on Thursday reported a fourth-quarter loss of 2 billion Swiss francs ($2.2 billion) as the…
Germany’s Siemens sees profit up 20%, raises dividend
FRANKFURT, Germany (AP) — Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit…
Staff shortages, supply backups batter EU economic growth
BRUSSELS (AP) — The European Union is seeing its economic emergence from the unprecedented COVID-19 slowdown hampered by coronavirus-induced staff…
Google Breached Antitrust Law, Russia’s FAS Says
MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) on Thursday said Alphabet’s Google had breached antitrust law related to suspending…
Stock Recovery Takes A Breather Ahead Of U.S. Inflation Numbers
By Tommy Wilkes LONDON (Reuters) – The rebound in share prices took a pause on Thursday as investors geared up…