Coronavirus

Germany is considering selling up to a quarter of its Lufthansa stock

The German finance ministry said on Monday that it expects to sell up to a quarter of its 20% interest…

4 years ago

Cisco’s profit forecast disappoints on supply chain overhang

Cisco Systems Inc's (CSCO.O) first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain…

4 years ago

Marketmind: A delta-driven drop

After an August in which stock markets have repeatedly hit record highs, the mood music turned decisively more sombre on…

4 years ago

Analysis: Workers at Chile’s Escondida mine hit jackpot, raise bar in labor talks elsewhere

An historic benefits package at BHP's (BHP.AX) sprawling Escondida copper mine has raised the prospect for tough new negotiations and strikes at…

4 years ago

BHP, Woodside investors jittery over $29 billion petroleum merger

Shares in BHP Group (BHP.AX) and Woodside Petroleum (WPL.AX) fell on Wednesday as investors on both sides raised questions about the value of the…

4 years ago

Analysis: Green-push dilemma: China’s steel curbs could cripple price control efforts

China is facing a high profile test of its commitment to curbing industrial pollution after steel output surged in the…

4 years ago

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street's overnight declines, while New Zealand's central bank defied…

4 years ago

China’s Geely warns of chip shortage, but keeps annual vehicle sales target

China's Geely Automobile Holdings Ltd (0175.HK) retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term…

4 years ago

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic…

4 years ago

Delta delays great exit as RBNZ holds fire on hikes

The Delta variant has delayed an expected rate hike in New Zealand, leaving Norway likely the first G10 economy to…

4 years ago