Notizia

China's securities regulator nudged mutual funds to develop fund products for private pensions and asked them to stabilise markets, as Chinese equities witness a downturn that has pushed benchmarks to two-year lows.

Italy's Benetton family, a shareholder in insurer Generali, has decided to vote for the slate of candidates submitted by a challenger investor and not in favour of current management, daily Il Sole 24 Ore reported on Wednesday.

Mercedes-Benz saw a rise in earnings before interest and taxes (EBIT) to 5.2 billion euros ($5.54 billion) in the first quarter even as deliveries of passenger cars fell 10%, with high prices making up for supply chain troubles.

SEOUL (Reuters) -South Korea's LG Display Co Ltd on Wednesday reported a 93% plunge in first-quarter profit, far below estimates as pandemic-driven demand for TVs, smartphones and laptops dropped off, causing sharp declines in panel prices.

Mercedes-Benz saw a rise in earnings before interest and taxes (EBIT) to 5.2 billion euros ($5.54 billion) in the first quarter even as deliveries fell 10%, with high prices making up for supply chain troubles.

A mixed bag of earnings from some of Wall Street’s biggest companies may muddy the outlook for investors hoping to "buy the dip" amid a vicious stock market selloff.

Gas supplies under the Yamal contract to Poland edged up after dropping to zero earlier, data from the European Union network of gas transmission operators showed on Wednesday.

Toyota Motor Corp on Wednesday posted record high global production in March, as overseas production made up for a drop off at home, highlighting the impact of factory stoppages and weaker consumer demand in Japan.

(Reuters) -Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.