By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor reported record quarterly profit and revenue on Thursday on strong sales of high-margin cars and said it would expand hybrid lineups to br[...]
Read moreJuly 25, 2024
Vodafone’s growth slows as Germany goes into reverse
By Paul Sandle LONDON (Reuters) -Vodafone reported a slow down in top-line growth on Thursday, ending four quarters of accelerating improvement, after law changes related to selling TV services in Ger[...]
Read moreStocks dragged down by megacap tech, oil edges higher
By Lawrence White and Chibuike Oguh LONDON/NEW YORK (Reuters) – Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury brands disappointed, while oil prices edged higher[...]
Read moreUnilever delivers profit beat despite disappointing sales
(Reuters) -Unilever beat first-half profit expectations on Thursday boosted by resilient pricing even as sales growth disappointed. Shares in the maker of Dove soap and Hellmann’s condiments ros[...]
Read moreAustralia’s ANZ fires staff amid multiple dealing room investigation
By Byron Kaye and Rishav Chatterjee (Reuters) -Australian bank ANZ said it has fired or suspended traders from its markets business over allegations of inappropriate behaviour and warned an investigat[...]
Read moreNissan sees Q1 profit wiped out by US discounts, shares hammered
By Daniel Leussink TOKYO (Reuters) -Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded the[...]
Read moreSanofi lifts 2024 profit forecast on strength in Dupixent, new products
By Manas Mishra (Reuters) -Sanofi on Thursday raised its full-year profit outlook after strong demand for blockbuster asthma drug Dupixent and better-than-expected sales of new launches helped its sec[...]
Read moreChinese banks cut deposit rates to relieve squeezed margins
BEIJING/SHANGHAI (Reuters) -Five of China’s major state-owned banks on Thursday cut deposit rates to cushion a hit to their already record low margins after this week’s surprise lowering o[...]
Read moreAustralian judge dismisses lawsuit claiming Bayer’s Roundup weedkiller causes cancer
SYDNEY (Reuters) – An Australian judge said on Thursday it was not proven that an ingredient in Bayer’s Roundup weedkiller increases the risk of cancer in users. (Reporting by Alasdair Pal[...]
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