Euro drops after ECB comments; dollar hits fresh 25-month high

The euro edged lower on Friday after European Central Bank officials sent mixed policy signals, while expectations of a 50 basis point rate hike from the Federal Reserve supported the U.S. dollar which briefly hit a new 25-month high.

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22-04-2022

Schindler profit lower but beats estimate

Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.

newspaper

22-04-2022

Schindler profit lower but beats estimates beat

Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.

newspaper

22-04-2022

Chinese markets continue to see foreign investment outflows in April

Overseas investors extended their selling of Chinese shares into April, after dumping them in the previous month, on mounting worries about the impact of prolonged COVID-19 lockdowns, growth and the fallout of the Ukraine-Russia war.

newspaper

22-04-2022

China slowdown concerns dim Ray-ban maker EssilorLuxottica's first quarter

(Reuters) -EssilorLuxottica's shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company's overall better-than-expected first-quarter sales.

newspaper

22-04-2022

Renault weighs separating electric car business via IPO

PARIS (Reuters) -French carmaker Renault said on Friday all options were on the table for separating its electric vehicle (EV) business, including a possible public listing in the second half of 2023.

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22-04-2022

Toshiba shares surge after it opens door to considering a buyout

TOKYO (Reuters) -Shares of Toshiba Corp jumped nearly 5% in Tokyo trade on Friday, after the embattled Japanese conglomerate said it would solicit potential buyout offers, bolstering hopes of a lucrative exit for its hedge fund investors.

newspaper

22-04-2022

Holcim shares surge after guidance upgrade and earnings beat

ZURICH (Reuters) -Holcim raised its full-year sales outlook on Friday after posting forecast-beating first quarter results, helped by price hikes to offset surging energy costs and new acquisitions in its roofing business.

newspaper

22-04-2022

Firebrand U.S. Republican Marjorie Taylor Greene faces 'insurrectionist' challenge

Republican U.S. Representative Marjorie Taylor Greene will face a challenge in a Georgia court on Friday by a group of voters trying to block her from the ballot, citing a post-Civil War policy aimed at keeping insurrectionists from serving in office.

newspaper

22-04-2022