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Russia’s Rosneft shows H1 net income at 652 billion rbls
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Dollar drops after jobs data, yen briefly hits 10-month low
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Wall St gains, Treasury yields drop as data raises potential for Fed pause
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EU’s new green chief vows not to weaken climate ambition
World shares rally as China offers markets a hand
Date: August 28, 2023
World shares rally as China offers markets a hand By Nell Mackenzie and Amanda Cooper LONDON (Reuters) -U.S. stocks were set to open higher on Monday after China announced measures to support its ailing markets, but markets remained cautious ahead of economic data expected later in the week due to determine central bankers’ next steps....
Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand
Date: August 28, 2023
Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand By Rachel More and Tom Käckenhoff BERLIN (Reuters) – Thyssenkrupp Nucera laid out growth plans on Monday after reporting strong sales and operating income, as the company works to meet growing demand for the green hydrogen hailed as key to decarbonising the German economy. “Another strong...
Paralympics-Paris 2024 eyes sell-out crowds to beat London record – IPC
Date: August 28, 2023
Paralympics-Paris 2024 eyes sell-out crowds to beat London record – IPC By Karolos Grohmann (Reuters) – The Paris 2024 Paralympics aim to sell every one of the 2.8 million tickets before the global event gets under way to top the record figures set in London in 2012, International Paralympic Committee President Andrew Parsons said. Tickets...
Watches of Switzerland shares slide after Rolex buys Bucherer
Date: August 25, 2023
Watches of Switzerland shares slide after Rolex buys Bucherer LONDON (Reuters) – Watches of Switzerland shares fell almost 30% on Friday, on course for the biggest one-day drop on record, as Rolex’s purchase of retailer Bucherer raised questions about Watches’ prospects. Rolex announced on Thursday that it would buy luxury watch retailer Bucherer for an...
Analysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders
Date: August 25, 2023
Analysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders By Lewis Krauskopf, Chibuike Oguh and Lance Tupper NEW YORK (Reuters) – Nvidia’s move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia...
Workers at Gatwick Airport scrap planned strike after improved pay offer
Date: August 24, 2023
Workers at Gatwick Airport scrap planned strike after improved pay offer (Reuters) – Planned strikes at Britain’s Gatwick Airport this weekend have been suspended after workers accepted improved pay offers, the Unite trade union said on Thursday. “Unite has co-ordinated industrial disputes across Gatwick to secure well deserved pay increases for its members,” Unite General...