Headlines

Swiss National Bank posts $15 billion loss during second quarter

Swiss National Bank posts $15 billion loss during second quarter

ZURICH (Reuters) – The Swiss National Bank posted a second quarter loss of 13...

Oil climbs close to April peak on tighter supply

Oil climbs close to April peak on tighter supply

LONDON (Reuters) -Oil climbed by almost 1% on Thursday, recouping losses from the pr..

Automakers’ demand helps STM weather softening chip market

Automakers’ demand helps STM weather softening chip market

(Reuters) -European chipmaker STMicroelectronics on Thursday forecast higher third-q..

Mediobanca to launch new $223 million buyback after record year

Mediobanca to launch new $223 million buyback after record year

MILAN (Reuters) – Italy’s Mediobanca said on Thursday it would buy back ..

Sabadell doubles Q2 net profit, lifts guidance for 2023

Sabadell doubles Q2 net profit, lifts guidance for 2023

MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in ..

EDF swings to profit thanks to price increases

EDF swings to profit thanks to price increases

PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first ..

ArcelorMittal cuts steel demand forecast, beats profit expectations

ArcelorMittal cuts steel demand forecast, beats profit expectations

BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered it..

Banks to fuel boom in UK Plc regular dividend payouts

Banks to fuel boom in UK Plc regular dividend payouts

MILAN (Reuters) – A recovery in bank payouts is set to lift UK regular dividen..

Samsung to extend production cuts after $7 billion chip loss in H1

Samsung to extend production cuts after $7 billion chip loss in H1

SEOUL (Reuters) -Samsung Electronics on Thursday said the worst is over for the glob..

Mercedes-Benz says better supplies boost orders, economy still weighs

Mercedes-Benz says better supplies boost orders, economy still weighs

BERLIN (Reuters) – Mercedes-Benz forecast a subdued world economy with monetar..