EDF swings to profit thanks to price increases
PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in..
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ArcelorMittal cuts steel demand forecast, beats profit expectations
BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered its steel shipments forecast on Thursday for this ye..
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Banks to fuel boom in UK Plc regular dividend payouts
MILAN (Reuters) – A recovery in bank payouts is set to lift UK regular dividends by 6.1% to 88.9 billion pounds ($114.8 billion)..
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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 global memory chip market but announced plans to exten..
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Mercedes-Benz says better supplies boost orders, economy still weighs
BERLIN (Reuters) – Mercedes-Benz forecast a subdued world economy with monetary policy weighing on consumers even as supply chai..
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Facebook parent Meta sees advertising jump, tops Wall Street targets
(Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping Wall Street financial targets for..
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Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
(Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Microsoft and Google ..
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Nissan seals Renault deal, now faces hard yards in China
TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric vehicle unit, the automakers said on Wedn..
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Limited support for central bank digital currencies in global investment industry survey
LONDON (Reuters) – The most comprehensive survey of the global investment industry on central bank digital currencies to date ha..
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Exclusive-EU regulators rebuff Meta’s offer to curb use of ad data, sources say
BRUSSELS (Reuters) – Meta Platforms offered to curb the use of competitors’ advertising data for its Facebook Marketplace ..
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