
Swedbank shares hit by interest income dip
Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Norway’s Telenor (TEL.OL) said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last year, as it posted quarterly profits below forecasts.

Google parent Alphabet Inc (GOOGL.O) reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.

It will likely take “years” to permanently address airplane interference issues caused by the deployment of 5G wireless in the C-band, a group representing major U.S. passenger and cargo carriers will tell U.S. lawmakers on Thursday.

Japan’s Panasonic Corp (6752.T) on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.

Japan’s biggest lenders on Wednesday all sounded alarm about the risk the Omicron variant could have on their earnings, reviving concerns that a resurgent pandemic could trigger more bad loans.

Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will raise interest rates to quell soaring inflation.

Tesco has warned that 1,600 jobs are at risk as

Mexican broadcast powerhouse Grupo Televisa and U.S. based Univision (UVN.UL) are preparing to launch what would be the biggest Spanish-language streaming platform in the world in the first half of 2022 after sealing a joint venture deal on Monday, the head of Televisa told Reuters.

ANA Holdings Inc (9202.T) surprised with a small third-quarter operating profit on Tuesday but Japan’s biggest airline still expects a loss for the year, indicating a worse-than-expected fourth quarter as the Omicron variant spreads.

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%.

Norway’s Telenor (TEL.OL) said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last year, as it posted quarterly profits below forecasts.

Google parent Alphabet Inc (GOOGL.O) reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.

It will likely take “years” to permanently address airplane interference issues caused by the deployment of 5G wireless in the C-band, a group representing major U.S. passenger and cargo carriers will tell U.S. lawmakers on Thursday.

Japan’s Panasonic Corp (6752.T) on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.

Japan’s biggest lenders on Wednesday all sounded alarm about the risk the Omicron variant could have on their earnings, reviving concerns that a resurgent pandemic could trigger more bad loans.

Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will raise interest rates to quell soaring inflation.

Tesco has warned that 1,600 jobs are at risk as

Mexican broadcast powerhouse Grupo Televisa and U.S. based Univision (UVN.UL) are preparing to launch what would be the biggest Spanish-language streaming platform in the world in the first half of 2022 after sealing a joint venture deal on Monday, the head of Televisa told Reuters.

ANA Holdings Inc (9202.T) surprised with a small third-quarter operating profit on Tuesday but Japan’s biggest airline still expects a loss for the year, indicating a worse-than-expected fourth quarter as the Omicron variant spreads.
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