By Gayatri Suroyo and Ananda Teresia JAKARTA (Reuters) -Indonesia posted a slightly bigger-than-expected trade surplus in April of $3.56 billion, as the country saw smaller-than-estimated imports, sta[...]
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May 15, 2024
Japan’s top bank MUFG posts narrower-than-expected Q4 decline
TOKYO (Reuters) – Mitsubishi UFJ Financial Group (MUFG) posted a narrower-than-expected decline in fourth-quarter profit on Wednesday, and forecast slight profit growth in the current financial[...]
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Analysis-BHP’s options for Anglo American deal narrow as deadline looms
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – BHP Group’s options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a host[...]
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Japan’s Mizuho posts big jump in Q4 profit, forecasts growth ahead
TOKYO (Reuters) – Mizuho Financial Group reported a big jump in fourth-quarter profit on Wednesday that beat expectations, helped by its overseas business and demand for loans at home, and it fo[...]
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Alphabet debuts beefed-up AI search and chatbot as competition heats up
By Max A. Cherney and Jeffrey Dastin MOUNTAIN VIEW, California (Reuters) -Google parent Alphabet on Tuesday showed how it is building on artificial intelligence across its businesses, including a beef[...]
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Amazon Web Services plans $8.4 billion cloud investment in Germany
STOCKHOLM (Reuters) – Amazon Web Services (AWS) said on Wednesday it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure speci[...]
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Conflict, high borrowing costs clip growth in EBRD regions, report says
By Libby George LONDON (Reuters) – Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank sa[...]
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E.ON posts stable Q1 profits, raises investments by a quarter
FRANKFURT (Reuters) – E.ON on Wednesday posted first-quarter profits that were roughly stable year-on-year, adding that investments were up by around a quarter as Europe’s biggest operator[...]
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Utility price hikes in parts of China hand another blow to households
By Joe Cash BEIJING (Reuters) – Utility price hikes in more than 10 Chinese cities may briefly lift nationwide inflation from ultra-low levels, but could ultimately turn into a deflationary forc[...]
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