High Raw Material Prices Having A “big” Impact, Panasonic CEO Says
TOKYO (Reuters) – Rising prices for raw materials, including nickel and copper, accelerated by Russia’s invasion of Ukraine were having…
2022
European Central Bank gives no clear date for rate hikes
The head of the European Central Bank reiterated Thursday that the bank would raise interest rates “some time after” ending…
Analysts See Price Of “gargantuan” Buyout Offer For Atlantia As Fair
MILAN (Reuters) – Shares in Atlantia rose more than 5% on Thursday after Italy’s Benetton family and U.S. investment fund…
Ericsson Warns Likely To Be Fined Over Iraq Scandal, Reports Profit Slump
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S. regulators…
Oil Prices Fall As Market Weighs Mixed Supply Signals
By Mohi Narayan NEW DELHI -Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as…
Uniqlo Operator Fast Retailing’s H1 Profit Rose 18% Despite China Slowdown
TOKYO (Reuters) – Clothing brand Uniqlo’s Japanese owner said on Thursday first-half operating profit climbed 18%, even as COVID-19 lockdowns…
Asian shares fall, trading muted with Good Friday holidays
TOKYO (AP) — Asian shares fell in muted trading as markets were closed for Good Friday and other holidays. Benchmarks…
Benettons, Blackstone Offer 23 Euros A Share In Atlantia Bid
MILAN (Reuters) -The holding company of Italy’s Benetton family and U.S. investment fund Blackstone will spend up to 12.7 billion…
Ericsson’s Earnings Miss On Software Contract Delay, Russia Provision
STOCKHOLM (Reuters) – Sweden’s Ericsson, under fire over its handling of a bribery investigation in Iraq, on Thursday reported a…
Exclusive-Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting
By Sinead Cruise and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank,…