Allianz posts better-than-expected 22% increase in Q1 net profit
FRANKFURT (Reuters) - Germany's Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strengt...
3h ago
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 inves...
3h ago
Thyssenkrupp cuts sales, net profit as market remains 'gloomy'
FRANKFURT (Reuters) - German conglomerate Thyssenkrupp cut its 2023/24 forecast for sales and net profit for the second time ...
3h ago
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...
3h ago
Indonesia records $3.56 billion trade surplus in April, above forecast
JAKARTA (Reuters) - Indonesia booked a slightly bigger than expected trade surplus in April of $3.56 billion, as the country ...
3h ago
Oil prices up on wildfires in Canada, US inventories drawdown expectations
By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's...
3h ago
Thai industrial sentiment falls in April on weak demand, wage hike plan
BANGKOK (Reuters) - The Thai industrial sentiment index dropped in April, dented by slowing domestic demand, a government wag...
6h ago
Xiaomi becomes 8th largest EV upstart in China after successful SU7 launch
BEIJING/SINGAPORE (Reuters) - Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstar...
7h ago
Stocks rise, dollar drifts ahead of US inflation report
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixe...
7h ago
Brazil pushes out Petrobras CEO, names ex-regulator to top job
By Rodrigo Viga Gaier and Marta Nogueira RIO DE JANEIRO (Reuters) -The chief executive of Brazil's Petrobras offered to step ...
7h ago