Bank of England set to join Fed in raising interest rates again amid high UK inflation
The Bank of England is set to raise interest rates for the 14th time in a row to a fresh 15-year high and keep the door open for further increases as it tries to tamp down persistently high inflation
2023-08-03 14:16
Germany's Merck flags steeper drop in earnings
By Ludwig Burger FRANKFURT (Reuters) -Germany's Merck KGaA on Thursday warned of a steeper earnings decline on a slump in
2023-08-03 13:57
Dollar advances as US economic resilience trumps fiscal uncertainty
By Rae Wee SINGAPORE The dollar hit a four-week top against its major peers on Thursday, shrugging off
2023-08-03 13:53
BMW Raises Outlook for Vehicle Deliveries on Strong EV Demand
BMW AG increased its forecast for vehicle deliveries for the year on the back of a deep order
2023-08-03 13:53
ING Earnings Beat Estimates as Credit Provisions Decrease
ING Groep NV reported second quarter profit that beat analyst estimates as it set aside less money for
2023-08-03 13:51
Adidas makes $437 million from Yeezy shoe sales, cutting projected loss
LONDON (Reuters) -Adidas sales fell 5% in euro terms in the second quarter but a release of Yeezy shoes helped
2023-08-03 13:50
Infineon Q3 revenue slightly above forecast on mixed semiconductor market
BERLIN (Reuters) -German chipmaker Infineon on Thursday reported slightly better than expected quarterly revenue as the market for semiconductors remains
2023-08-03 13:46
BMW sees solid revenue growth in first half
BERLIN BMW on Thursday reported significantly higher year on year revenues for the first half at 74 billion
2023-08-03 13:46
Lufthansa Sees Third Quarter Profit Topping Pre-Pandemic Levels
Deutsche Lufthansa AG forecast rising profit through year-end with demand for air travel remaining high despite an inflationary
2023-08-03 13:28
California voters may face dueling measures on 2024 ballot about oil wells near homes and schools
Environmental advocates in California are launching a campaign to ask voters to ban new oil and gas wells near homes, schools and hospitals
2023-08-03 13:25
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:22
Hong Kong’s New Crypto Regime Awards First Exchange License to HashKey
The first license under Hong Kong’s new crypto regime went to HashKey Exchange, legalizing the retail trading of
2023-08-03 13:21