Coronavirus

Shortage of Suzuki car mirrors reflects Sri Lanka’s growing economic crisis

Car spare parts dealers in Sri Lanka's main city of Colombo are receiving a steady stream of customers looking for…

4 years ago

GSK sees sales growth in 2022 after quarterly beat, prepares for spin-off

Britain's GSK (GSK.L) forecast growth in 2022 after racking up 1.4 billion pounds ($1.9 billion) in COVID-related sales in 2021, beating quarterly…

4 years ago

Indonesia’s GDP speeds up on easing COVID-19 curbs, brisk exports

Indonesia's economic growth accelerated in the final quarter of last year as consumption perked up following the easing of anti-virus…

4 years ago

Insurer MetLife’s quarterly profit beats on higher investment gains

MetLife Inc's (MET.N) fourth-quarter profit rose nearly 7% to surpass Wall Street estimates on Wednesday, as strong investment gains cushioned the hit…

4 years ago

Caterer Compass feeds share price rise with strong revenue recovery

Compass Group (CPG.L), the world's largest catering firm, said on Thursday its first-quarter revenue was near pre-pandemic levels and stuck to…

4 years ago

Shell ends 2021 on high note, hikes dividend, buybacks again

Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as…

4 years ago

Santander lifts profits as it releases pandemic provisions

Spain's Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in…

4 years ago

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…

4 years ago