By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The Biden administration expects to ink a deal with allies in…
Mexico’s Cemex posts third-quarter profit after raising prices
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) -Mexican cement producer Cemex posted a profit for the third quarter…
Hit by game delays and cancellations, Ubisoft posts half-year net loss
(Reuters) – French video game maker Ubisoft said on Thursday its net result turned into a loss in the half-year,…
Denmark’s central bank raises key rate to highest level in 13 years
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.60 percentage points to 1.25% on Thursday to…
Northrop pegs full-year sales, earnings at lower end of guidance
By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday said it expected full-year…
Campari boss says cost of living crisis not deterring drinkers
By Elisa Anzolin MILAN (Reuters) – Italian spirits group Campari sees no sign that concerns over inflation are deterring drinkers…
Shell reports drop in profit to $9.45 billion, hikes dividend
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted a third-quarter profit of $9.45 billion, slightly…
Unilever downbeat on Europe, China consumer sentiment
By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China,…
ECB gets rid of subsidy on bank loans to mop up cash
By Francesco Canepa and Yoruk Bahceli FRANKFURT (Reuters) – The European Central Bank on Thursday got rid of a subsidy…
Swiss watchdog to monitor Credit Suisse strategy rollout
ZURICH (Reuters) – Credit Suisse has taken measures to reduce risks and improve its capital situation, Swiss banking supervisor FINMA…