Chile's Codelco sees lower copper output, more stoppages in 2023

SANTIAGO (Reuters) -Chile's state miner, Codelco, on Friday cut its copper output forecast for 2023 and said it expects more halts in production during the second half of the year, following months of declines.

newspaper

29-07-2023

Softening inflation props up U.S. consumer sentiment

Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday.

newspaper

28-07-2023

BBVA plans 1 billion euro buy-back, sees higher margins in Mexico and Spain

MADRID (Reuters) -BBVA's second-quarter net profit rose 24% against the same period last year on higher lending income in Mexico, its main market, and Spain, a trend the lender expects to continue this year, offsetting some weakness in Turkey.

newspaper

28-07-2023

BBVA's Q2 profit beats forecasts on Mexico and Spain, plans share buy-back

MADRID (Reuters) -Spain's BBVA on Friday said its second-quarter net profit rose 24% from the same period in 2022 thanks to wider interest margins in Mexico, its main market, and Spain.

newspaper

28-07-2023

Chipmakers signal supply glut easing but demand recovery still slow

From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy.

newspaper

28-07-2023

BBVA's Q2 net profit up 24%, announces 1 billion euro share buy-back

Spanish bank BBVA on Friday said its second quarter net profit rose 24% from the same period in 2022 thanks to higher lending income in Mexico, its main market, and in Spain.

newspaper

28-07-2023

Marketmind: Bank of Japan sets the stage for higher yields

A look at the day ahead in European and global markets from Vidya Ranganathan

newspaper

28-07-2023

AbbVie trims forecast for Humira sales drop on favorable coverage

(Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship arthritis drug Humira despite new competition, as favorable positions on insurance drug coverage lists helped it continue to reach U.S. patients.

newspaper

27-07-2023

US Senator Wyden asks FTC, CISA, DOJ to 'take action' against Microsoft following hack

Oregon Senator Ron Wyden has asked the Federal Trade Commission, the Cybersecurity and Infrastructure Security Agency and the Department of Justice to 'take action' against Microsoft following a China-linked hack that reportedly resulted in the theft of thousands of government emails from top U.S. officials.

newspaper

27-07-2023