Author Archives: Syndicated Content
Japan's Nidec nearly doubles operating profit in third quarter
TOKYO (Reuters) - Japanese electric motor maker Nidec Corp posted a 91% rise in third-quarter operating profit on Wednesday to 53.6 billion yen ($362 million), compared to 28.0 billion yen in the same...
Jan 24, 2024
Barry Callebaut sales volumes rise slightly during Q1
Barry Callebaut's sales volumes rose slightly in the three months to the end of November despite the challenging market environment of record-high cocoa prices, the world's biggest chocolate maker sai...
Jan 24, 2024
ASML orders surge to record in Q4, but keeps 2024 outlook unchanged
By Toby Sterling AMSTERDAM (Reuters) -Chipmaking equipment maker ASML Holding on Wednesday reported fourth-quarter earnings that beat expectations and its best-ever quarterly orders, but it kept a cau...
Jan 24, 2024
Germany's Ifo institute trims 2024 GDP forecast again due to budget
(Corrects "next year" to "this year" in paragraph 2) BERLIN (Reuters) -Germany's Ifo institute again downgraded its 2024 economic growth forecast on Wednesday, citing uncertainty caused by changes to ...
Jan 24, 2024
Japan's Nippon Steel exec meets US Congress members amid US Steel deal
TOKYO (Reuters) - Japan's Nippon Steel Executive Vice President Takahiro Mori has met U.S. Congress members to discuss acquisition of U.S. Steel, the company said, as it faces strong resistance to the...
Jan 24, 2024
Growth in low-emissions power expected to cover demand - IEA
PARIS (Reuters) - Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International Energy Agenc...
Jan 24, 2024
Three firefighters among six killed in gas truck explosion in Mongolia - officials
(Reuters) - At least six people were killed including three firefighters after a truck carrying 60 tons of liquefied natural gas exploded in the Mongolian capital of Ulaanbaatar on Tuesday, according ...
Jan 24, 2024
Malaysia to launch inquiry into cases involving disputed Singapore Strait islets
KUALA LUMPUR (Reuters) - Malaysia will set up a royal commission of inquiry to study the handling of cases involving three disputed islets in the Singapore Strait, the cabinet said on Wednesday. Prime...
Jan 24, 2024
Taiwan president-elect signals desire to join US-led trade framework
TAIPEI (Reuters) - Taiwan's president-elect, Lai Ching-te, signalled on Wednesday his desire for Taipei to join the U.S.-led Indo-Pacific Economic Framework, considering the island's key role in the g...
Jan 24, 2024
Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal - sources, data
MOSCOW (Reuters) - Russian energy company Novatek resumed fuel loadings on Wednesday at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack, according to industry sources and LSEG da...
Jan 24, 2024
