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Westfield-owner Unibail raises forecast on strong leasing demand, shares rise
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Higher provisions, costs overshadow Santander’s solid Q2 results
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EDF issues fourth profit warning as nuclear output drops
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U.S. carrier strike group returns to South China Sea amid Taiwan tensions
Dollar hits three-week low to yen as Fed’s Powell less hawkish than feared
Date: July 28, 2022
By Kevin Buckland and Rae Wee TOKYO (Reuters) – The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors’ worries about continued aggressive monetary tightening. The U.S. currency sank as low as 135.105 yen, its weakest since July 6 after the Fed raised the benchmark...
Too early to call market turn, Schroders CEO says
Date: July 28, 2022
By Carolyn Cohn LONDON (Reuters) -It is too early to call an end to financial market falls driven by the Ukraine war, the chief executive of Schroders said on Thursday, as the British fund manager’s shares hit six-week highs on an uptick in assets under management. Asset managers have been suffering from a drop in...
N.Korea’s Kim says nuclear deterrent is ready, slams South’s Yoon
Date: July 28, 2022
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -North Korean leader Kim Jong Un said his country is ready to mobilise its nuclear war deterrent and counter any U.S. military clash, and criticised South Korea’s new president for the first time, warning Seoul was pushing towards the brink of war. Kim made the remarks during...
Shell smashes record again with $11.5 billion profit
Date: July 28, 2022
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday reported a second quarter profit of $11.5 billion, smashing its previous record just three months earlier, lifted by a tripling of refining profits and strong gas trading. The company also announced a share buyback programme of $6 billion for the current quarter, but...
Japan urges Russia not to hold military drills around disputed islands
Date: July 28, 2022
TOKYO (Reuters) – Japan urged Russia to exclude areas around disputed northern islands from military drills Moscow is planning to conduct in the country’s Far East from late August, a Japanese government spokesperson said on Thursday.Japan lays claim to the Russian-held southern Kuril islands that Tokyo calls the Northern Territories, a territorial row that dates...
UK’s National Express posts jump in half-year profit as summer travel revives
Date: July 28, 2022
(Reuters) -British transport firm National Express Group on Thursday reported a surge in its half-year profit on the back of rebound in summer travel demand from a slump during the coronavirus-led lockdowns last year. London-listed shares in the school bus and coach operator jumped 8.5% to 194.2 pence in early trading. From people wary of...