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  • Financial News

    China’s factory inflation hits 17-month low, consumer prices speed up

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Liangping Gao and Kevin Yao BEIJING -China’s factory-gate inflation eased in July to a 17-month low, defying global cost pressures as slower domestic construction weighed on raw material demand, …

  • Top HeadlinesUS and World News

    Sri Lanka’s ousted president seeking entry to Thailand after weeks in Singapore

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Panu Wongcha-um BANGKOK – Former Sri Lankan president Gotabaya Rajapaksa has requested entry into Thailand for a temporary stay in a second Southeast Asian country after fleeing his island …

  • Financial News

    Exclusive: Volkswagen’s new CEO plans to shrink management board – sources

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Jan Schwartz HAMBURG – Volkswagen’s incoming CEO Oliver Blume plans to shrink the size of the German carmaker’s management board, two people familiar with the matter said, aiming to …

  • Financial News

    E.ON more than halves value of Nord Stream 1 stake as uncertainty grows

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF -E.ON, Europe’s largest operator of energy networks, cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 …

  • Top HeadlinesUS and World News

    Biden ‘concerned’ as China extends military drills around Taiwan

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    (This Aug 7 story corrects quote from Chinese foreign ministry in par 30 to ‘waters off its own territory’ not ‘in our own waters’) By Sarah Wu and Martin Quin …

  • Financial News

    TUI’s disruption-hit quarter takes shine off strong summer bookings

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Yadarisa Shabong (Reuters) -TUI, one of the world’s largest tour operators, took a 75 million euros ($77 million) hit in the third quarter from flight disruption across Europe, pushing …

  • Financial News

    Honda raises annual profit forecast after beating quarterly view

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    TOKYO – Japan’s Honda Motor Co raised the outlook for its full-year operating profit on Wednesday thanks to weaker yen, but warned against over-optimism as it saw the chips shortage …

  • Financial News

    USW president lauds bill’s focus on building North American production

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Erwin Seba LAS VEGAS -United Steelworkers union (USW) International President Thomas Conway said on Monday the U.S. climate, tax and health bill will create new opportunities for U.S. companies …

  • Financial News

    Malaysia Airlines to acquire 20 Airbus A330neos – sources

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    PARIS/SYDNEY -Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus A330neo wide-body jets, industry sources said on Wednesday. Chief Executive Izham Ismail said in June …

  • Financial News

    Toyota says no change to plan to produce 9.7 million vehicles globally this year

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    TOKYO – Toyota Motor Corp said on Wednesday it would hold to its plan to produce 9.7 million vehicles globally this fiscal year, even as it announced another stoppage related …

  • Financial News

    Supermarket group Ahold lifted by better than expected results

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Anthony Deutsch AMSTERDAM – Supermarket group Ahold Delhaize increased its full-year guidance after posting better than expected quarterly results on Wednesday, sending its shares up 7%. The company, which …

  • Financial News

    Aviva plans further capital return in boost to shares

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Carolyn Cohn LONDON -Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares …

  • Financial News

    Norwegian inflation raises expectations of faster rate hikes

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    OSLO – Norway’s core inflation jumped in July to its highest in more than two decades, exceeding forecasts as the cost of food soared, raising analyst expectations of faster increases …

  • Financial News

    Wind turbine maker Vestas says price power improving, shares jump

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Nikolaj Skydsgaard COPENHAGEN -Wind turbine maker Vestas expects to deliver more positive results next year, its chief executive said on Wednesday, as high costs from raw materials and transport, …

  • Top HeadlinesUS and World News

    Ocean warmth, seaweed scarcity threaten Fiji’s fisherwomen’s livelihoods

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    SUVA, Fiji – Karen Vusisa has been struggling to find a decent catch of a favourite Fijian edible seaweed, amid concerns that ocean temperatures have hit harvests and are threatening …

  • Top HeadlinesUS and World News

    Factbox-Four key races in Wisconsin, Minnesota midterm primaries

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    (Reuters) – Voters in states including Wisconsin and Minnesota picked candidates for the U.S. Congress and other offices in primaries on Tuesday, in another test of former President Donald Trump’s …

  • Financial News

    Cathay Pacific narrows loss but COVID rules on crew cloud outlook

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Jamie Freed and Farah Master HONG KONG -Cathay Pacific Airways Ltd said Hong Kong’s strict COVID rules for air crew were crimping the airline’s ability to exploit rising demand …

  • Financial News

    Prudential says first-half profit up 8%; warns of persistent COVID woes

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Selena Li HONG KONG -Prudential Plc posted on Wednesday a rise of 8% in its first-half operating profit, but the Asia-focused insurer warned of challenging conditions for the rest …

  • Top HeadlinesUS and World News

    Democrats, Republicans sponsor bill to give thousands of Afghans path to citizenship

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    WASHINGTON – Bipartisan legislation has been introduced in both houses of U.S. Congress to establish a path to American citizenship for thousands of Afghan evacuees admitted to the United States …

  • Top HeadlinesUS and World News

    Alex Jones’ Sandy Hook punitive damages likely to be slashed, experts say

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    By Jack Queen (Reuters) -U.S. conspiracy theorist Alex Jones could end up owing as little as 10% of the $45.2 million in punitive damages that a Texas jury awarded to …

  • Financial News

    Australia’s CBA posts 11% profit jump but warns of housing headwinds

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    By Byron Kaye and Shashwat Awasthi SYDNEY -Commonwealth Bank of Australia rode the end of a pandemic-powered property boom to its best annual profit in four years, but warned that …

  • Top HeadlinesUS and World News

    Race for vacant U.S. House seat for Minnesota had not been decided

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    (Reuters) – The election to fill the U.S. House of Representatives seat for Minnesota left vacant by the death of Republican lawmaker Jim Hagedorn has yet to be called, according …

  • Financial News

    Taiwan security officials want Foxconn to drop stake in Chinese chipmaker – FT

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    (Reuters) -Taiwan’s national security officials want to persuade Apple Inc’s supplier Foxconn to unwind an $800 million investment in Chinese chipmaker Tsinghua Unigroup, the Financial Times reported on Wednesday. The …

  • Top HeadlinesUS and World News

    Trump uses FBI search of his Mar-a-Lago home to solicit campaign donations

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    By Sarah N. Lynch and Karen Freifeld WASHINGTON -Former U.S. President Donald Trump on Tuesday tried to turn the news that the FBI had searched his Florida estate to his …

  • Financial News

    Australia’s Graincorp hikes profit view again on soaring demand, favourable weather

    by Reuters August 9, 2022
    by Reuters August 9, 2022

    By Savyata Mishra (Reuters) -Australia’s Graincorp raised its annual profit forecast for the second time, as the agribusiness firm capitalises on strong demand for grains and vegetable oils amid a …

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