Author Archives: Syndicated Content
EDF first-quarter sales jump but core profit outlook capped by outages
PARIS (Reuters) - French state-owned utility EDF's first-quarter sales jumped 61% to 35.58 billion euros ($37.40 billion) on the back of higher power and gas prices but the firm was cautious about its...
May 04, 2022
Europe needs more gas from Norway, Equinor CEO says
OSLO (Reuters) - Europe needs more gas from Norway, and from Equinor, as the continent tries to wean itself from Russian gas, Equinor Chief Executive Anders Opedal said on Wednesday. "We see that ther...
May 04, 2022
Sri Lanka in talks to extend World Bank aid, plans new budget - Finance Minister
COLOMBO (Reuters) - Sri Lanka's finance minister said on Wednesday the country was in talks with the World Bank to extend its support by $300 million to $700 million. The island nation's budget was cu...
May 04, 2022
Pandora first-quarter sales above estimates, raises sales guidance
COPENHAGEN (Reuters) - Danish jewellery maker Pandora reported better-than-expected sales for the first quarter on Wednesday and slightly raised its full-year sales guidance. Pandora now expects full-...
May 04, 2022
Volkswagen keeps 2022 outlook as chip supply expected to improve second half
FRANKFURT (Reuters) - Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for the current year, citing strong first-quarter results and an improvement in chip supply expected for the ...
May 04, 2022
Siemens Healthineers raises 2022 outlook on demand for COVID-19 tests
(Corrects to show revenue rose in second quarter, not first quarter, of 2022 financial year in paragraph 1) BERLIN (Reuters) - U.S.-German medical device maker Siemens Healthineers raised its targets ...
May 04, 2022
Belgium's Solvay hikes 2022 profit forecast after first-quarter beat
(Reuters) - Solvay SA on Wednesday raised its full-year core profit forecast after the Belgian chemicals group reported higher-than-expected first-quarter earnings, helped by price increases and volum...
May 04, 2022
Investor pessimism mounts as more Fed rate hikes loom
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) - Stock market investors are heading into the U.S. Federal Reserve's rate-setting announcement particularly pessimistic, with fresh mileston...
May 04, 2022
Motor racing-Mercedes boss Wolff hopes China can host several races in future
(Reuters) - The Chinese Grand Prix is absent from the calendar for the third straight year due to the COVID-19 pandemic but Mercedes boss Toto Wolff said Formula One can have a "strong footprint" in t...
May 04, 2022
Fed expected to step up inflation fight with big rate hike
By Ann Saphir WASHINGTON (Reuters) - The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the start of reductions to its $9 trillion balance ...
May 04, 2022
