Thyssenkrupp flags new cost cuts to regain investor confidence
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp on Thursday flagged a new cost-cutting programme to raise its…
Uncategorized
Lithium mine auctions in China’s Sichuan draw thousands of high bids
BEIJING (Reuters) – Two lithium mine auctions in China’s southwestern Sichuan province that began this week have received nearly 7,000…
Siemens sees weakening demand trends as Q3 misses forecasts
By John Revill ZURICH (Reuters) -Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday,…
Canadian Tire revenue falls as demand for sporting, home items slow
(Reuters) – Canadian Tire Corp on Thursday reported a drop in quarterly revenue, as demand for sporting goods and home…
Allianz sounds positive note on outlook after profit beat
FRANKFURT (Reuters) – German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a…
Entain sets aside 585 million stg for potential settlement over bribery probe
(Drops reference to tax authorities in paragraph 1) (Reuters) -British gambling firm Entain said on Thursday it had set aside…
Analysis-Turkish inflation to keep soaring, testing patience with Erdogan’s U-turn
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – Turks will get little reprieve from a soaring cost of living…
Analysis-Biden’s China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden’s move to prohibit some U.S. technology investments in…
Ant group quarterly profit rises 17.5% on year to 13.37 billion yuan – Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to…
Muslims flee Indian business hub after religious clashes, attacks
By Rupam Jain and Sakshi Dayal GURUGRAM, India (Reuters) – Over 3,000 poor Muslims have fled a business hub outside…