By Makiko Yamazaki TOKYO -Nomura Holdings Inc, Japan’s biggest brokerage and investment bank, on Wednesday suffered a worse-than-expected slump in first-quarter net profit as volatile financial markets battered its investment …
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Factbox-Key races in Arizona, Michigan, Kansas, Missouri and Washington midterm primary elections
by Reutersby Reuters(Reuters) -Voters in Arizona, Michigan, Kansas, Missouri and Washington have been choosing candidates for U.S. Congress, governor and other offices as former President Donald Trump’s effort to maintain dominance over …
- Financial News
Ukraine’s Naftogaz sweetens deal for bondholders in search for debt relief
by Reutersby ReutersBy Rodrigo Campos NEW YORK -Ukrainian state-owned gas company Naftogaz has laid out a new debt payment freeze plan, a week after becoming the first government entity to default since …
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Abortion ban in Idaho faces first U.S. legal challenge since Roe
by Reutersby ReutersBy Sarah N. Lynch and Doina Chiacu WASHINGTON – The United States sued Idaho on Tuesday to block a state law that it said imposes a “near-absolute ban” on abortion, …
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ZURICH -Swiss consumer price inflation held steady at 3.4% in July, slightly less than economists had expected after inflation touched a 29-year high in June. The reading – still the …
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Analysis-As wheat prices soar, the world’s consumers vote with their feet
by Reutersby ReutersBy Naveen Thukral and Bernadette Christina SINGAPORE/JAKARTA – Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to use less …
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Commerzbank sees energy and growth ‘clouds’ after Q2 profit beat
by Reutersby ReutersBy Tom Sims and Marta Orosz FRANKFURT – Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by higher interest rates and commission income, and confirmed it …
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OSLO -Volvo Car Group’s July sales were down 21.5% from a year earlier as supply chain problems continued to hamper production, but could rebound in the coming months, the Sweden-based …
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Yemen’s warring parties agree only to renew two-month truce, U.N. says
by Reutersby ReutersADEN – Yemen’s warring sides agreed to renew a two-month truce expiring on Tuesday, the United Nations envoy said, despite international pressure for an extended and expanded deal that would …
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Uber sells 7.8% stake in India’s Zomato for $392 million -sources
by Reutersby ReutersBy Scott Murdoch and Aditya Kalra HONG KONG/NEW DELHI -Uber Technologies on Wednesday sold its 7.8% stake in Indian food delivery firm Zomato Ltd for $392 million via a block …
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AXA’s shares surge as insurer unveils share buyback and higher H1 profits
by Reutersby ReutersBy Matthieu Protard PARIS -French insurer AXA announced a new share buyback programme as it posted a 3% rise in first-half net profit, driving up its stock price. AXA, Europe’s …
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Analysis-Crisis in Iraq tests its stability and Iran’s sway
by Reutersby ReutersBy John Davison and Tom Perry BAGHDAD -A power struggle in Iraq between the Shi’ite cleric Moqtada al-Sadr and rivals aligned with Iran is testing Tehran’s ability to stave off …
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Incumbent Republican congressman Meijer concedes to Trump-endorsed Gibbs in Michigan primary
by Reutersby ReutersWASHINGTON – U.S. Representative Peter Meijer conceded to Trump-endorsed primary challenger John Gibbs for the Republican Party’s nomination in a Michigan congressional district. “This was a hard-fought primary campaign, …. …
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Telstra to address competition concerns over Optus’ 5G roll-out – regulator
by Reutersby Reuters(Reuters) -Australian telecoms firm Telstra Corp will address competition concerns by de-registering some radio-communications sites that interfered with Optus’ plans to roll out its 5G network, the country’s competition regulator …
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BERLIN -U.S.-German medical device maker Siemens Healthineers reported a dip in its third-quarter earnings on Wednesday, as revenue from rapid COVID-19 antigen tests dropped and COVID-19 lockdowns in China took …
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Billionaire Lo weighs adding to Formula One investments after Williams
by Reutersby ReutersBy Carolyn Cohn and Selena Li LONDON/HONG KONG – Hong Kong-based billionaire Calvin Lo is considering putting more money into Formula One following his connection with F1 team Williams, Lo …
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Baseball-Legendary Dodgers broadcaster Vin Scully dies at 94
by Reutersby ReutersBy Peter Cooney LOS ANGELES – Vin Scully, one of baseball’s most revered broadcasters who called Dodgers’ games for a record-breaking 67 years and narrated some of the sport’s greatest …
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Saudi non-oil private sector growth slows in July but stays solid – PMI
by Reutersby ReutersDUBAI – Saudi Arabia’s non-oil private sector kept up a steady pace of growth in July, albeit slowing slightly from June, helped by increases in customer numbers, purchasing and output, …
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DUBAI – The United Arab Emirates’ non-oil private sector grew in July at its second-fastest pace this year as business activity picked up on strong demand and higher sales amid …
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Midterms: Takeaways from Tuesday’s U.S. primary elections
by Reutersby ReutersBy James Oliphant WASHINGTON -The fight over abortion rights and former President Donald Trump’s influence loomed large as voters in several states went to the polls on Tuesday. Here are …
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KALGOORLIE, Australia – BHP Group will increase its spending on nickel exploration over the next two years to meet growing demand for the raw material used in making electric vehicle …
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Exclusive-U.S. game software developer Unity in talks to spin off China unit -sources
by Reutersby ReutersBy Josh Ye, Julie Zhu and Kane Wu HONG KONG -Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin …
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Conservative Tudor Dixon wins Republican nomination for Michigan governor
by Reutersby Reuters(Reuters) – Conservative commentator Tudor Dixon won the Republican nomination for Michigan governor on Tuesday, Edison Research projected, and will face Democratic Governor Gretchen Whitmer in the November general election …
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Taiwan visit caps Nancy Pelosi’s long history of confronting Beijing
by Reutersby ReutersBy Patricia Zengerle and Michael Martina WASHINGTON – More than 30 years ago, U.S. Representative Nancy Pelosi angered China’s government by showing up in Tiananmen Square and unfurling a banner …
- Financial News
China customs suspends imports of citrus fruits, some fish products from Taiwan
by Reutersby ReutersBEIJING – China is suspending imports of citrus fruits, chilled white striped hairtail and frozen horse mackerel from Taiwan starting Aug. 3, China’s customs said on Wednesday. Earlier in the …