Michael Kors-owner Capri Cuts Full-year Sales Forecast
(Reuters) – Michael Kors-owner Capri Holdings Ltd lowered its annual profit forecast on Wednesday, blaming a hit from a stronger…
Headlines
Inflation strikes disrupt trains, flights in Greece, Belgium
ATHENS, Greece (AP) — Workers walked off the job in Greece and Belgium on Wednesday during nationwide strikes against increasing…
Facebook parent Meta cuts 11,000 jobs, 13% of workforce
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and…
Euro Zone Consumers See Higher Inflation Ahead, ECB Says
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers continued to rise in September, even as economic growth and income…
Germany blocks Chinese-owned firm’s chip factory deal
BERLIN (AP) — The German government on Wednesday blocked the sale of a chip factory to a Swedish subsidiary of…
Show Us The Money: Developing World At COP27 Seeks Climate Finance Details
By Simon Jessop and Kate Abnett SHARM EL-SHEIKH, Egypt (Reuters) – Finance took centre stage at the COP27 climate talks…
Nissan’s quarterly profit falls amid computer chip crunch
TOKYO (AP) — Nissan’s profit fell 68% in the last quarter as a shortage of computer chips hindered the Japanese…
Ithaca Energy Shares Dip After UK’s Largest IPO This Year
By Emma-Victoria Farr, Joice Alves and Shadia Nasralla LONDON (Reuters) -Ithaca Energy shares dipped on their London debut on Wednesday…
Honda’s profit rises on weak yen, strong motorcycle sales
TOKYO (AP) — Honda Motor Corp. said Wednesday that its fiscal second quarter profit rose nearly 14% as a weaker…
France’s Veolia’s Nine-month Revenue Jumps Nearly 50% On Suez Acquisition
By Dina Kartit (Reuters) -Revenues at France’s Veolia jumped 49.1% in the nine months to the end of September, the…