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UK’s July new car sales up more than 25%- SMMT
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Dollar struggles before payrolls test; Aussie rebounds
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
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German services sector loses momentum-PMI
SocGen reaches settlement with U.S. regulators over messaging probe
Date: August 3, 2023
SocGen reaches settlement with U.S. regulators over messaging probe PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, has reached a settlement with U.S. securities regulators amid a probe over the use of messaging platforms, the lender said in its first half financial report released on Thursday. The Securities and Exchange Commission (SEC) in 2021...
Yeezy destocking helps lift Adidas sales outlook
Date: August 3, 2023
Yeezy destocking helps lift Adidas sales outlook By Helen Reid LONDON (Reuters) -Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its remaining Yeezy shoes would help narrow a projected full-year loss. Adidas shares have gained 40% since the start...
Barclays gets Warburg Pincus, Centerbridge bids for German consumer finance unit – sources
Date: August 3, 2023
Barclays gets Warburg Pincus, Centerbridge bids for German consumer finance unit – sources By Amy-Jo Crowley and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Barclays has received non-binding offers from private equity firms including Warburg Pincus and Centerbridge to buy its German consumer finance subsidiary, three people familiar with the matter told Reuters. Bidders are waiting to...
For investors, green companies still hard to find with new emissions reporting rules
Date: August 2, 2023
For investors, green companies still hard to find with new emissions reporting rules By Simon Jessop and Huw Jones LONDON (Reuters) – Is Ford doing a better job of cutting emissions than rival Toyota? Is BP greener than Shell? For investors looking to weed out climate laggards from portfolios, these are vital questions but existing...
Siemens Healthineers confirms outlook despite problems at Varian
Date: August 2, 2023
Siemens Healthineers confirms outlook despite problems at Varian (Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected drop in quarterly operating profit amid delivery delays at cancer treatment specialist Varian. Adjusted earnings before interest and taxes (EBIT) fell 3% to 740 million euros ($812.59 million) in...
Taylor Wimpey expects full-year profits to halve amid housing gloom
Date: August 2, 2023
Taylor Wimpey expects full-year profits to halve amid housing gloom By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s shares on Wednesday even though it expects annual operating profits to halve in its current year amid wider housing market stress. Britain’s...