VW’s Skoda Auto reports 61% rise in Q1 operating profit
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542…
May 8, 2023
Thousands fleeing Sudan are stuck on Red Sea shore
By Khalid Abdelaziz and El Tayeb Siddig PORT SUDAN, Sudan (Reuters) – Hanadi Al-Sir was among thousands who rushed to…
Pound Hits One-year High Against Struggling Dollar
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the dollar on Monday as…
Exclusive-HSBC reaches deal to buy out China fund partner -sources
By Selena Li HONG KONG (Reuters) -HSBC has agreed to buy out its China fund management joint venture partner, two…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26%…
Trump will not testify in New York rape, defamation trial
By Luc Cohen and Hannah Lang (Reuters) – Former U.S. President Donald Trump will not testify at a civil trial…
Syrians split over government readmission into Arab League
BEIRUT/DAMASCUS (Reuters) – Syrian factions have given mixed reactions to an Arab League decision to lift the suspension on Syria’s…
U.S. Regional Banks’ Shares Climb After Tumultuous Week
(Reuters) – Shares of U.S. regional banks gained sharply in premarket trading on Monday, as investors tiptoe back into the…
Standard Chartered CEO says big U.S. recession unlikely
By Yousef Saba DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Monday he sees a big recession…
Taiwan April exports slip for 8th month, but beat forecasts
By Roger Tung and Faith Hung TAIPEI (Reuters) – Taiwan’s exports exceeded analyst forecasts but still contracted for the eighth…