TotalEnergies defends price paid for German offshore wind lease
By America Hernandez PARIS (Reuters) – French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore…
July 2023
McDonald’s revenue growth to moderate as menu prices ease
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -McDonald’s said on Thursday that revenue growth was expected to moderate in…
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…
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%…