Commerzbank, Helped By Rates, Swings To Bigger-than-expected Q2 Profit
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit,…
Reuters
BMW Sees Earnings Margin Drop Amid China JV Consolidation
BERLIN (Reuters) – BMW saw a drop in its automotive margin on earnings before interest and taxes to 8.2% from…
Toyota Likely To Post Lower Q1 Profit As Production Woes Cast Shadow
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this…
S.Korea’s Home Prices To Fall Up To 2.8% With 100 Bp Rate Hike – Central Bank Report
By Cynthia Kim SEOUL (Reuters) – South Korea’s residential property prices are likely to drop by up to 2.8% in…
BHP To Boost Nickel Exploration Spending Amid EV Boom
KALGOORLIE, Australia (Reuters) – BHP Group will increase its spending on nickel exploration over the next two years to meet…
Singapore Bank OCBC’s Q2 Profit Jumps 28%, Upbeat On Outlook
By Anshuman Daga SINGAPORE (Reuters) -Singapore’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a stronger-than-expected 28% jump in quarterly…
America’s Biggest Warehouse Is Running Out Of Room. It’s About To Get Worse
By Lisa Baertlein SAN BERNARDINO, Calif. (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of…
Fraud Charges In Hacking Case Against Uber Ex-security Chief Are Dismissed
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday granted a request by prosecutors to dismiss fraud counts against…
Petrobras Leapfrogs Oil Majors In Dividend Payouts
By Sabrina Valle (Reuters) – Brazil’s state-controlled oil company Petrobras will distribute at least twice as much as the biggest…
Chinese Filings For U.S. Clearance On Investments Doubled In 2021
By Alexandra Alper and David Lawder WASHINGTON (Reuters) -Chinese investors roughly doubled the number of applications they made last year…