pandemic

Siemens raises profit guidance again as industrial demand ramps up

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on…

4 years ago

Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery

Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts…

4 years ago

Singapore’s DBS bets on post-pandemic recovery, profit up on lower credit costs

Singapore's DBS Group Holdings (DBSM.SI) flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay…

4 years ago

Oil rises on Mideast tensions but virus concerns weigh

Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by…

4 years ago

Wall Street closes mixed, S&P 500 ends off record high

U.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a…

4 years ago

New York Auto Show canceled amid Delta variant worries

Organizers on Wednesday canceled the New York Auto Show that had been set for later this month amid rising COVID-19…

4 years ago

CVS hedges on 2022 earnings growth target as COVID-19 uncertainty persists

CVS Health Corp (CVS.N) on Wednesday hedged a bit on its long-term target for double-digit earnings growth for next year,…

4 years ago

MORNING BID A new sunny day, with the same old clouds

It's a new week, a new month and time for a fresh start - but the problems niggling at markets…

4 years ago

France’s Axa rebounds from pandemic as XL unit swings to profit

Axa (AXAF.PA) posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike…

4 years ago

India’s factory growth rebounded in July, hiring resumed after 15 months

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create…

4 years ago