Exclusive: Germany’s Gas Levy Cannot Be Implemented As Planned, Say Sources
By Markus Wacket BERLIN (Reuters) – The German government will have to amend its energy security law again in September…
2022
Stocks Steady As Investors Weigh Taiwan And Fed Risks
By Danilo Masoni and Kevin Buckland MILAN/TOKYO (Reuters) – World stocks eased slightly on Wednesday as markets weighed risks from…
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president said Wednesday that his government is preparing a national policy roadmap…
Commerzbank Sees Energy And Growth ‘clouds’ After Q2 Profit Beat
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit,…
China blocks some Taiwan imports but avoids chip disruptions
BEIJING (AP) — China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by…
Commerzbank, Helped By Rates, Swings To Bigger-than-expected Q2 Profit
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit,…
BMW Sees Earnings Margin Drop Amid China JV Consolidation
BERLIN (Reuters) – BMW saw a drop in its automotive margin on earnings before interest and taxes to 8.2% from…
Asian shares rise on optimism on economic data, earnings
TOKYO (AP) — Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big…
Toyota Likely To Post Lower Q1 Profit As Production Woes Cast Shadow
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this…
S.Korea’s Home Prices To Fall Up To 2.8% With 100 Bp Rate Hike – Central Bank Report
By Cynthia Kim SEOUL (Reuters) – South Korea’s residential property prices are likely to drop by up to 2.8% in…