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02 May

Wind turbine maker Vestas cuts margin outlook as Ukraine war bites

COPENHAGEN (Reuters) -Wind turbine maker Vestas slashed its full-year operating profit margin outlook due to the war in Ukraine and writedowns in its offshore business, as it reported a deeper-than-expected first quarter operating loss.

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02 May

Wind turbine maker Vestas cuts margin outlook due to Ukraine war

The world's largest wind turbine maker Vestas slashed its operating profit margin outlook for the year due to the war in Ukraine, it said late on Sunday, when it also reported a deeper-than-expected operating loss for the first quarter.

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02 May

Japan's low-cost soul food noodles may become casualty of Ukraine war

Ryu Ishihara will soon be raising prices on his inexpensive bowls of soba noodles for the first time in nearly a decade, as rising costs and Russia's invasion of Ukraine take an unlikely toll on Japan's beloved buckwheat noodles.

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02 May

Oil down $1 on China growth worries, while EU weighs Russian crude ban

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a looming European Union ban on Russian crude.

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02 May

Australia home prices keep rising even as Sydney, Melbourne cool

Australian home prices were still rising nationally in April even as more of the heat came out of the Sydney and Melbourne markets, with the smaller cities and regions proving resilient to the risk of higher mortgage rates.

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02 May

Oil falls on China growth concerns even as EU weighs Russia import ban

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world's top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude.

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02 May

Netflix drops Meghan Markle's animated series 'Pearl'

Netflix Inc said on Sunday it has decided to drop works on Meghan Markle's animated family series "Pearl" as the streaming platform hew its animated content.

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  • China receives US equipment to make advanced chips despite new rules-report
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