Factbox-Moscow takes control over assets of Western companies
(Reuters) – President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in…
July 27, 2023
U.S. bank regulators unveil proposal to hike bank capital
WASHINGTON (Reuters) – U.S. bank regulators released a proposal Thursday that would direct the nation’s largest banks to raise their…
Mercedes-Benz raises earnings outlook as supply snags ease
By Victoria Waldersee BERLIN (Reuters) – German automaker Mercedes-Benz raised its earnings forecast on stronger orders, an improved supply chain…
Renault posts record H1 operating margin helped by higher priced new cars
By Victor Goury-Laffont and Gilles Guillaume (Reuters) – French car maker Renault on Thursday posted an operating margin of 7.6%…
US pending home sales rise for first time since February
By Safiyah Riddle (Reuters) – Contracts to buy previously owned homes increased in June for the first time since February,…
Ukraine sets key rate at 22% in first wartime cut
By Olena Harmash KYIV (Reuters) -Ukraine’s central bank lowered its key rate to 22% on Thursday, announcing its first wartime…
China, U.S. agree to continue close communications on climate issue
HONG KONG (Reuters) – China and the U.S. agreed to keep in close communication on issues including climate change, envoys…
Lilly’s obesity drug leads to about 26% weight loss in new studies
By Bhanvi Satija and Leroy Leo (Reuters) -Eli Lilly said on Thursday its experimental obesity drug helped patients reduce 26.6%…
Comcast beats revenue estimates on boost from theme parks, studios
By Helen Coster and Samrhitha A NEW YORK (Reuters) -Comcast Corp beat estimates for quarterly revenue on Thursday, helped by…
Building materials maker Holcim banking on U.S. reshoring boom
ZURICH (Reuters) -Holcim said on Thursday it expects to set another record for sales from North America this year as…