Currency fluctuations’ impact on N. American cos rose sharply in Q3 -report
NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the…
2023
GSK Beats Expectations, Shingles Vaccine Bolsters Outlook
By Maggie Fick and Natalie Grover (Reuters) – GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for…
ABB Places Second Block Of E-Mobility Shares Ahead Of Float
ZURICH (Reuters) – ABB has raised 325 million Swiss francs ($355 million) from selling a further part of its electric…
Novartis Says Operating Profit To Grow Again In 2023
By Ludwig Burger BASEL (Reuters) -Swiss drugmaker Novartis on Wednesday predicted that core operating income would grow in a “mid…
U.S. Remains Biggest Destination For German Exports For Eighth Year In A Row
BERLIN (Reuters) – The United States remained the most important destination for German exports in 2022 for the eighth consecutive…
Adani Group Stocks Resume Fall After $2.5 Billion Share Sale Goes Through
BENGALURU (Reuters) – Most Adani Group stocks dropped on Wednesday, extending losses after a report from short-seller Hindenburg criticised the…
Intel Slashes Employee, Exec Pay Amid PC Market Downturn
By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive…
U.S. Official Acknowledges Japan, Netherlands Deal To Curb Chipmaking Exports To China
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – An American official on Tuesday made the most direct comments by…
Western Digital Gets $900 Million Investment From Apollo, Elliott
(Corrects spelling of Elliott in headline and 2nd paragraph) By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) -Memory chip…