Credit Suisse Mulls Cutting Thousands Of Jobs Globally, Report Says
(Reuters) – Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people…
Reuters
Russia’s Gazprom To Get 50% Of Replacement For Sakhalin-2 LNG Project
MOSCOW (Reuters) -Gazprom will receive 50% of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project,…
Eli Lilly Cuts Annual Profit Forecast For Second Time
(Reuters) – Eli Lilly and Co on Thursday cut its full-year profit forecast for the second time after reporting a…
Oil Prices Stabilize After Drop To Near 6-month Low
By Rowena Edwards LONDON (Reuters) -Oil prices were broadly steady on Thursday as the market weighed tight supply against demand…
Hit By Rising Costs And Supply Snarls, Toyota Profit Tumbles 42%
By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp’s profit slumped a worse-than-expected 42% in its first quarter as the Japanese…
Uniqlo Owner Fast Retailing To Open First GU Discount Clothing Store In U.S
TOKYO (Reuters) – Japan’s Fast Retailing, the owner of global clothing chain Uniqlo, said on Thursday it would open its…
Australia’s “Big Four” Banks Raise Mortgage Rates After RBA Hike
(Reuters) -Australia’s “Big Four” banks raised their home loan variable interest rates on Thursday, after the country’s central bank hiked…
Bayer’s Agriculture Unit, Consumer Health Drives Improved Outlook For 2022
FRANKFURT (Reuters) – Agriculture and pharmaceuticals company Bayer on Thursday lifted its 2022 earnings guidance on strong demand from farmers…
Toyota Q1 Profit Slides 42%, Falls Far Short Of Estimates
TOKYO (Reuters) – Japan’s Toyota Motor Corp on Thursday posted a worse-than-expected 42% drop in first-quarter operating profit, as auto…
Japan Must Prepare For Eventual End To BOJ’s Yield Cap, Says MOF Executive
By Leika Kihara and Takaya Yamaguchi TOKYO (Reuters) – Japan must prepare for the time the central bank abandons its…