Notizia

Renault, the Western carmaker most exposed to the Russian market, reported lower first-quarter revenues due to the war in Ukraine and a semiconductor shortage, partially offset by higher prices and rising electric vehicle (EV) sales.

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

ZURICH (Reuters) -Holcim raised its full-year sales outlook on Friday after the world's biggest cement maker beat analyst forecasts for sales and profit during the first quarter.

(Reuters) -Oil prices extended losses on Friday, burdened by the prospect of interest rate hikes, weaker global growth and COVID-19 lockdowns in China hurting demand, even as the European Union weighed a ban on Russian oil.

French-Italian eyewear group EssilorLuxottica SA reported a sharp rise in first-quarter revenue on Friday, helped by strong performance across most regions.

Swedish truck maker AB Volvo reported a surprise rise in first-quarter core earnings on Friday, as it juggled strong market demand with a strained supply chain that put a cap on its ability to fill up order books.

The dollar rose broadly on Friday as higher U.S. yields hoisted it towards a seventh consecutive weekly gain on the yen and to multi-week highs against the Australian and New Zealand dollars.

BOAO, China (Reuters) -China's securities watchdog is holding regular talks with U.S. regulators over audit cooperation and expects a deal soon, a Chinese regulatory official said on Thursday about a dispute that could lead to delistings of U.S.-listed Chinese firms.

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo reported first-quarter core earnings well above market expectations on Friday as it juggled strong market demand with a strained supply chain that put a cap on its ability to grow order books.