Philips Q4 Earnings Hit By Part Shortages And Ventilator Recall
AMSTERDAM (Reuters) – Dutch health technology company Philips on Wednesday said it expected fourth-quarter core profit to drop around 40%…
France’s OVHcloud Picks Up Speed In Q1, On Track For 2022 Targets
(Reuters) -French cloud computing company OVHcloud reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it…
Oil Prices Hold Firm Amid Hopes For Economic Growth
By Koustav Samanta and Sonali Paul SINGAPORE (Reuters) – Oil prices steadied on Wednesday, following steep gains in the previous…
Dollar Swoons As Powell Soothes Policy Fears; CPI Test Looms
By Kevin Buckland TOKYO (Reuters) – The dollar slid to its weakest since mid-November against major peers on Wednesday, after…
Citi To Exit Mexican Consumer Business As Part Of Strategy Revamp
By David Henry NEW YORK (Reuters) – Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank…
Japan Business Mood Sours On Higher Costs, BOJ Sticks To Recovery View
By Daniel Leussink and Leika Kihara TOKYO (Reuters) -Japanese manufacturers turned less positive about their business conditions in January, a…
U.S. Economy Can Withstand Fed Tightening, Omicron Surge, Powell Says
By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his…
U.S. FTC Delays Vote On Lockheed Purchase Of Aerojet For Two Weeks -sources
By Mike Stone and Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which assesses mergers to ensure they comply…
Tech Leads Equities’ Rebound As Powell Sticks To Script
By Tom Westbrook SYDNEY (Reuters) – Stocks and commodities rose in relief and the dollar hit a six-week low on…
China’s Factory Prices Rise More Slowly Than Expected In Dec
BEIJING (Reuters) – China’s factory-gate inflation rose more slowly than expected in December as the government took steps to contain…