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,…
2022
Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance Of Forced Twitter Deal
By Hyunjoo Jin and Akriti Sharma (Reuters) -Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares…
Ex-workers At Malaysia’s Brightway Sue Kimberly-Clark, Ansell Over Alleged Labour Abuse
By A. Ananthalakshmi KUALA LUMPUR (Reuters) -Migrant workers at Malaysian glove maker Brightway Holdings filed a lawsuit in the United…
China’s Lenovo Reports Flat Revenue, Weakest In Eight Quarters
By Josh Ye HONG KONG (Reuters) – Lenovo Group, the world’s biggest maker of personal computers, reported flat revenue for…
China’s July PPI +4.2% Y/y, CPI +2.7% Y/y
BEIJING (Reuters) – China’s factory-gate inflation eased to its lowest since February 2021, as raw material prices fell due to…
China’s youth face bleak job market as COVID slows economy
BEIJING (AP) — Liu Qian, job-hunting with a new master’s degree, said two employers interviewed her and then said the…
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
By Stephanie Kelly (Reuters) – Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose…
Australia’s Graincorp Raises Profit View Again Amid Soaring Demand, Favourable Weather
(Reuters) -Australia’s Graincorp on Wednesday raised its annual profit forecast for the second time, as the agribusiness firm continues to…
Coinbase Posts Loss As Crypto Market Turmoil Hits Trading Volumes
By Mehnaz Yasmin (Reuters) -Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in…
Australia’s CBA Profit Hits 4-year High On First-half Strength
(Reuters) -Commonwealth Bank of Australia posted its highest annual cash earnings in four years on Wednesday, as it rode a…