Telefonica Q1 net profit falls 58% but still beats expectations
MADRID Spanish telecom firm Telefonica said on Thursday its first-quarter net profit fell 58% from the same period
2023-05-11 14:17
Bank of England set to raise UK interest rates to highest level since 2008
The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday
2023-05-11 14:16
Honda sees full-year profit rising 15% after missing forecasts in Q4
TOKYO (Reuters) -Japan's Honda Motor Co on Thursday forecast a 14.9% rise in operating profit for this business year, after
2023-05-11 14:15
Hong Kong newspaper Ming Pao to stop publishing political cartoon Zunzi after government complaints
A Hong Kong newspaper will stop publishing works by the city’s most prominent political cartoonist after his drawings drew government complaints
2023-05-11 13:59
Yellen warns US default would threaten global economy, undermine US leadership
By Andrea Shalal NIIGATA, Japan U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4
2023-05-11 13:59
Germany's Merck flags decline in operating profit of up to 10% in 2023
By Ludwig Burger FRANKFURT Germany's Merck KGaA on Thursday warned that adjusted operating earnings could decline by as
2023-05-11 13:53
Nagasaki University Presented Results Of a Specified Clinical Trial On The Use of L. lactis strain Plasma For Patients With COVID-19
TOKYO--(BUSINESS WIRE)--May 11, 2023--
2023-05-11 13:52
Emirates airline creates $200 million aviation sustainability fund
DUBAI (Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the
2023-05-11 13:50
Global companies warn of slower-than-expected recovery in China
China's first few months of reopening to the world hasn't gone as planned for global businesses.
2023-05-11 13:22
Thyssenkrupp raises cash flow outlook after Q2 loss
FRANKFURT Thyssenkrupp on Thursday raised the outlook for its closely watched free cash flow before mergers and acquisitions,
2023-05-11 13:21
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
By Melanie Burton MELBOURNE (Reuters) -Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the
2023-05-11 13:19
China's deflation worries deepen as consumer prices grow only 0.1% in April
Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic demand and a long road ahead to full economic recovery.
2023-05-11 13:16