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28 Apr

Qiagen sees no immediate impact from global supply bottlenecks

U.S.-German biotechnology company Qiagen NV said on Thursday it was not currently affected by global supply chain bottlenecks as it had already been stockpiling supplies at its production facilities amid pandemic-related uncertainties.

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28 Apr

Unilever warns of more price hikes as cost pressures build

(Reuters) -Unilever raised prices by over 8% in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry's ice cream lifted its cost inflation forecast for the second half of the year due to the Ukraine conflict.

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28 Apr

BOJ bolsters commitment to ultra-easy policy, triggers yen sell-off

TOKYO (Reuters) -The Bank of Japan on Thursday strengthened its commitment to maintain its massive stimulus programme and a pledge to keep interest rates ultra-low, triggering a fresh sell-off in the yen and sending government bonds rallying.

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28 Apr

Strong earnings spur rally across European stocks

(Reuters) -European shares rallied in morning trade on Thursday, as forecast-beating results from companies including energy major TotalEnergies and automaker Volvo helped set aside worries about slowing global economic growth.

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28 Apr

Gazprom expects 4% fall in gas output in 2022

Russia's Gazprom expects about a 4% fall in gas output this year, Deputy Chief Executive Vitaly Markelov told an inhouse magazine on Thursday, in another sign of the impact of sanctions on Russia.

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28 Apr

Gold drops to over 2-month low on lofty dollar, imminent U.S. rate hike

Gold prices fell to a 10-week low on Thursday, as an elevated U.S. dollar hurt demand for greenback-priced bullion, while an impending Federal Reserve interest rate hike also dented the metal's appeal as an inflation hedge.

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28 Apr

China's Huawei posts Q1 revenue drop, says handsets now more available

China's Huawei Technologies said on Thursday its first-quarter revenues slipped 13.9% from a year earlier, with new business areas yet to reverse the company's waning fortunes brought about by being placed on a U.S. sanctions blacklist.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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