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Germany’s Delivery Hero hikes 2023 revenue guidance
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US dollar gains broadly as risk sentiment turns sour after poor Chinese data
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Bosch, Infineon, NXP, TSMC to establish JV for German wafer fab
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Italy shocks banks with 40% windfall tax for 2023
Greek EU-harmonised inflation rises to 3.5% y/y in July
Date: August 8, 2023
Greek EU-harmonised inflation rises to 3.5% y/y in July (Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised inflation is an index of components that is used across the EU to measure inflation in a consistent way. Official statistics service ELSTAT also reported that...
No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists
Date: August 8, 2023
No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists By David Stanway SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperatures and there is no quick fix to reverse the damage done, scientists said on...
Fund manager abrdn’s assets hit by market volatility, shares dive
Date: August 8, 2023
Fund manager abrdn’s assets hit by market volatility, shares dive (Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it reported a drop in assets under management in the first half of the year as Britain’s economic chills weighed on markets and investor sentiment. British investors were seen playing safe, pulling out from...
Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report
Date: August 8, 2023
Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report By Akshita Toshniwal (Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’s Playstation 5, according to gaming market research firm Newzoo. Newzoo said it expects industry revenue to rise...
WeWork rival IWG’s half-year profit surges on high demand, improved pricing
Date: August 8, 2023
WeWork rival IWG’s half-year profit surges on high demand, improved pricing By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit on Tuesday, helped partly by high demand for its spaces and improved pricing. Office landlords are slowly recovering from pandemic lows as...
Germany’s Fraport sees earnings boost on higher passenger volumes
Date: August 8, 2023
Germany’s Fraport sees earnings boost on higher passenger volumes (Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earnings were boosted by higher passenger volumes and strong demand for holiday travel. The group expects earnings before interest, taxation, depreciation and amortisation (EBITDA) to reach the upper...