Author Archives: Syndicated Content
UniCredit ups profit and distribution guidance after solid quarter
MILAN (Reuters) - UniCredit on Wednesday raised its guidance for next year and said it would pay out half of its profit in cash to shareholders, after posting a higher than forecast net profit for the...
Nov 06, 2024
Commerzbank, fending off UniCredit advances, reports better than expected Q3 profit
FRANKFURT (Reuters) -Germany's Commerzbank, fending off a possible takeover by Italy's UniCredit, said on Wednesday net profit fell 6.2% in the third quarter, better than analysts expected but dragged...
Nov 06, 2024
BMW reports drop in earnings related to China and brake issues
(Reuters) - BMW reported a 61% drop in third-quarter operating profit on Wednesday, weighed down by weak demand in China and problems related to a braking system supplied by Continental. The German pr...
Nov 06, 2024
Novo Nordisk Q3 in line with expectations, narrows FY guidance range
COPENHAGEN (Reuters) - Weight-loss and diabetes drugmaker Novo Nordisk on Wednesday posted third-quarter operating profit in line with expectations and narrowed its full-year sales and profit guidance...
Nov 06, 2024
Republican Deb Fischer reelected to US Senate in Nebraska, Edison projects
By Bo Erickson (Reuters) - Nebraska Republican Deb Fischer won a third term in the U.S. Senate, Edison Research projected on Wednesday, fending off a closer-than-expected challenge from an Omaha union...
Nov 06, 2024
Toyota posts first quarterly profit drop in two years
TOKYO (Reuters) -Toyota Motor posted its first quarterly profit drop in two years on Wednesday, as slowing sales and production volume stalled the Japanese automaker's recent record run. Toyota's oper...
Nov 06, 2024
Strong demand revives India services PMI in October
By Anant Chandak BENGALURU (Reuters) - Growth in India's dominant services industry picked up last month after dipping to a 10-month low rate in September amid a marked expansion in demand, according ...
Nov 06, 2024
Morning Bid: 'Trump trades' in full swing
A look at the day ahead in European and global markets from Wayne Cole. It's been a wild ride in markets with the dollar and Wall Street futures surging while Treasuries took a beating as early result...
Nov 06, 2024
India economic activity remains strong, cenbank governor says, amid rising growth concerns
MUMBAI (Reuters) -Economic activity in India remains strong, with the agriculture and services sectors doing well, India's central bank governor said on Wednesday, commenting on fears the Indian econo...
Nov 06, 2024
China's state secrets leak prompts rare death sentence for ex-employee
HONG KONG (Reuters) - A former employee working for one of China's state agencies has been given a rare death sentence for leaking "state secrets," the Ministry of State Security said on Wednesday, af...
Nov 06, 2024
