Thyssenkrupp CEO Merz gets 5-year contract extension
Martina Merz, who has been chief executive of Germany's Thyssenkrupp since 2019, has received a five-year contract extension until March 2028, the company said on Thursday.
19-05-2022
S&P 500, Dow slip as Cisco drags, growth stocks lead Nasdaq rebound
The S&P 500 and the Dow fell for the second straight day on Thursday as Cisco Systems slumped following a dismal outlook, while a rebound in megacap growth stocks boosted the battered Nasdaq.
19-05-2022
Shares slide on fresh signs of slowing growth, yields fall
Global equity markets skidded further on Thursday as fresh signs of slowing growth led investors to sell stocks and move into safe-haven assets such as government debt and the Swiss franc, poised for its biggest one-day gain in more than six-years.
19-05-2022
U.S. power and natgas prices soar during spring heatwave
(Reuters) -U.S. spot power and natural gas prices soared on Thursday to their highest a year or more in several parts of the country as consumers cranked up air conditioners to escape an early spring heatwave.
19-05-2022
Southeast Asia's Grab sees rebound in ride-hailing as offices reopen
Grab Holdings Ltd, Southeast Asia's No. 1 ride-hailing and food delivery firm, on Thursday forecast a rebound in its rideshare and food delivery businesses as economies recover from a pandemic-led slump, sending its U.S.-listed shares surging 32%.
19-05-2022
Mercedes aims to fuel road to electric luxury with 'desire'
BERLIN (Reuters) -Mercedes-Benz outlined a new strategy fuelled by "creating desire" through scarcity at a strategy day on the French Cote d'Azur, where it showcased its luxury models to analysts, investors and selected customers.
19-05-2022
As deadlines loom, Russia says EU gas clients open payment accounts
LONDON (Reuters) -Half of Russian gas giant Gazprom's 54 clients have opened accounts at Gazprombank, Russian Deputy Prime Minister Alexander Novak said on Thursday, as European companies approach imminent payment deadlines.
19-05-2022
