Nasdaq Futures Drop Nearly 2% As Weak Tech Earnings Fan Slowdown Fears
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -Futures tied to the tech-heavy Nasdaq index fell nearly 2% on Wednesday as…
2022
Puma Confirms Full-year Outlook, Flags Market Volatility
By Alexander Hübner and Joice Alves BERLIN/LONDON (Reuters) – Shares in Puma fell 1.75% on Wednesday after the company confirmed…
Saudi Aramco Launches $1.5 Billion Fund, Says Energy Transition Plan Flawed
By Rachna Uppal, Maha El Dahan and Aziz El Yaakoubi RIYADH (Reuters) -Oil giant Saudi Aramco launched a $1.5 billion…
World Stocks At 5-week High, Earnings In The Spotlight
By Dhara Ranasinghe LONDON (Reuters) – World stocks scaled a five-week high on Wednesday, lifted by growing hopes that the…
Mercedes-Benz Lifts Profit Forecast As Luxury Cars Boom
By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednesday as strong demand for luxury cars and…
South Korean chipmaker SK Hynix worries about China future
SEOUL, South Korea (AP) — South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its…
Asian stocks mixed ahead of US GDP update, Europe rates call
BEIJING (AP) — Asian stock markets were mixed Thursday ahead of an update on the U.S. economy and a European…
Puma Confirms Operating Profit, Sales Outlook After Q3 Results
BERLIN (Reuters) -German sportswear maker Puma reiterated its full-year operating result and currency-adjusted sales outlook on Wednesday, despite uncertainty on…
Zimbabwe’s focus on wheat set to yield biggest-ever harvest
HARARE, Zimbabwe (AP) — Zimbabwe says it is on the brink of its biggest wheat harvest in history, thanks in…
Gas crunch eases in Europe — but the respite might not last
FRANKFURT, Germany (AP) — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather…