By Josh Ye HONG KONG (Reuters) -China’s Lenovo Group reported its first revenue decline in 10 quarters as a pandemic-fuelled…
Robinhood posts smaller loss as higher rates boost margin trading business
By Mehnaz Yasmin (Reuters) -Robinhood Inc posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited…
BMW expects sales dent as inflation hits consumer buying power
By Paul Carrel and Nick Carey BERLIN (Reuters) -German premium carmaker BMW reported better than expected quarterly net profit on…
Zalando sees FY results at lower end of target range
FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…
Factbox-North Asia gears up for peak winter energy demand season
(Reuters) – Key North Asian economies are stockpiling fuel, diversifying sources and conserving power to ensure adequate supplies for winter,…
Russia services sector shrinks in Oct as employment falls -PMI
MOSCOW (Reuters) – Russia’s service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well…
Marketmind: One central bank drama after another
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell…
Nissan stops taking orders of Sakura EV, X-Trail in Japan
TOKYO (Reuters) – Nissan Motor Co has temporarily stopped taking new orders of its recently unveiled light electric vehicles (EVs)…
DBS profit soars to record, flags risks of rising rates to growth
By Anshuman Daga SINGAPORE (Reuters) -DBS Group reported a forecast-beating 32% jump in quarterly profit to a record high as…
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises have more…