Medtronic’s Heart Device Unit May Ease Earnings Pressure From Omicron
By Amruta Khandekar (Reuters) – Steady sales of pacemakers and heart stents may have likely helped Medtronic Plc offset weak…
Reuters
GE Warns Of Profit Hit In First Half From Supply And Labor Issues
CHICAGO (Reuters) -General Electric Co warned on Friday that a supply chain logjam coupled with a labor crunch and inflation…
Germany’s Ottobock To Wait Until September To List Amid Choppy Markets – Sources
By Emma-Victoria Farr and Alexander Hübner (Reuters) – German artificial limb maker Ottobock is waiting until September to launch its…
Lufthansa Takes Compulsory Pilot Redundancies Off The Table
BERLIN (Reuters) – Lufthansa will not impose compulsory job cuts, the German airline said on Friday, as it cuts costs…
Continental To Keep Investing In Lithuania Despite China Pressure
VILNIUS (Reuters) – Continental will continue investing in a factory in Lithuania, an executive was quoted saying, despite a diplomatic…
Virgin Media 02 In Talks Over Funding For Seven Million Home Fibre Rollout
LONDON (Reuters) -Britain’s Virgin Media O2 said on Friday its two owners were in talks with financial partners about funding…
Oil Heads For Weekly Fall On Iranian Oil Hopes
By Rowena Edwards London (Reuters) -Oil prices extended losses on Friday and were heading for a weekly fall as the…
Analysis-Tesla Software Updates Allow Quick Fixes – And Taking Risks
By Tina Bellon, Hyunjoo Jin and David Shepardson (Reuters) – Tesla Inc’s ability to quickly issue safety patches via remote…
Singapore Announces 2022 Budget Proposals
(Reuters) -Following are some excerpts taken from Singapore’s 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on…
Deere Lifts Profit Forecast On Strong Equipment Demand
(Reuters) – Deere & Co on Friday lifted its full-year profit forecast, as it expects to benefit from solid demand…