Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was…
July 2023
South African retail sales fall 1.4% year on year in May
JOHANNESBURG (Reuters) – South African retail sales fell 1.4% year on year in May after declining by a revised 1.8%…
Brazil motor maker WEG posts Q2 net profit up 50%
SAO PAULO (Reuters) – Brazilian motor maker WEG SA reported a 50% jump in net profit, saying that “good demand”…
Ukraine accuses Russia of deliberately striking Odesa port, grain terminals
KYIV (Reuters) -Ukraine accused Russia on Wednesday of intentionally striking grain terminals and infrastructure in the Black Sea port of…
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) – M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve’s rapid…
Citizens Financial beats second-quarter profit estimates on interest income boost
(Reuters) – Citizens Financial Group reported a second-quarter profit that beat Wall Street estimates as lenders’ net interest income rose…
Climate change menaces China’s ancient heritage sites
(Reuters) – Ancient Buddhist murals in northwestern China are under “direct threat” as a result of unprecedented levels of rainfall…
China’s central bank structural policy tools rise to $952 billion
BEIJING (Reuters) – China’s outstanding structural policy tools totalled 6.87 trillion yuan ($952.14 billion) at the end of June, the…
For North Korea, US defectors can be a propaganda win, but a logistical pain
By Josh Smith SEOUL (Reuters) – North Korea is likely to milk the border crossing by a U.S. soldier for…
Marketmind: Big Tech weighs in, UK relieved
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan July is heating up…