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 2022-08-10 07:22 

Reuters

Demand for FX derivatives jumps as central banks prep rate rises- CME Group...

Demand for currency derivatives has shot up this year, data from CME Group showed on Wednesday, in a sign investors are positioning for hefty interest rate hikes from the U.S. Federal Reserve and other big central banks....

 2022-08-10 07:18 

Reuters

Thai central bank hikes key rate by 25 bps to tame inflation...

Thailand's central bank raised its key interest rate for the first time in nearly four years on Wednesday, lifting it by a quarter point as expected to fight surging inflation as the economic recovery gains momentum....

 2022-08-10 07:07 

Reuters

Causes and consequences of Amazon fires and deforestation...

Brazil vowed last year to halt deforestation by 2030, yet the number of fires burning in the country's Amazon rainforest hit a 15-year high in June. Burning season began last month and the rate of forest clearing remains high....

 2022-08-10 07:01 

Reuters

Trump signals he will testify in New York probe into business practices...

Former U.S. President Donald Trump indicated he would testify on Wednesday in a New York investigation by the state's attorney general into his family's business practices, with the possible testimony coming amid a flurry of legal woes for him....

 2022-08-10 07:00 

UPI

Famous birthdays for Aug. 10: Kylie Jenner, Angie Harmon...

Model/TV personality Kylie Jenner turns 25 and actor Angie Harmon turns 50, among the famous birthdays for August 10....

 2022-08-10 07:00 

UPI

On This Day, Aug. 10: Trump declares opioids a national emergency...

On August 10, 2017, President Donald Trump declared opioid addiction a national emergency....

 2022-08-10 06:52 

Reuters

Honda raises annual profit forecast after beating quarterly view...

Japan's Honda Motor Co posted on Wednesday a smaller-than-expected drop in first-quarter operating profit and hiked its full-year outlook, as a weaker yen helped ease some of the pain from curtailed production and increased material costs....

 2022-08-10 06:47 

Reuters

Aviva plans further capital return as H1 profit rises...

British insurer Aviva said on Wednesday it planned to give more money back to shareholders as it posted a better-than-expected 14% rise in first-half operating profit, helped by strong performance in commercial lines....

 2022-08-10 06:41 

Reuters

Royal Mail warns of FY loss if four days of strikes go ahead...

Royal Mail warned on Wednesday that it could post a loss in the UK for the full-year 2022-23, if four days of strike called by the Communications Workers Union (CWU) in August and September went ahead....

 2022-08-10 06:41 

Reuters

Deliveroo to exit Netherlands, loss widens in first-half...

Britain's Deliveroo said it would quit the Netherlands after failing to gain a strong local position, as it reported a larger pretax loss in "challenging market conditions" in the first half....

 2022-08-10 06:39 

Reuters

Israel's Bezeq Telecom Q2 profit rises as fibre-optic network expands...

Bezeq Israel Telecom reported a slight rise in quarterly net profit that beat estimates, boosted by higher revenue from gaining more subscribers for its fibre-optics Internet network....

 2022-08-10 06:37 

Reuters

TP ICAP beats profit estimates as market volatility persists...

TP ICAP on Wednesday reported a better-than-expected half-yearly profit as the world's largest inter-dealer broker benefited from heightened market volatility amid the Ukraine crisis and rising inflationary pressures....

 2022-08-10 06:29 

Reuters

Toshiba logs surprise quarterly operating loss on higher materials costs...

Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials....

 2022-08-10 06:25 

Reuters

Wind turbine maker Vestas reports Q2 EBIT below estimates...

Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss as costs rose due to geo-political uncertainty and supply chain disruptions....

 2022-08-10 06:24 

Reuters

Egypt's annual urban consumer inflation rises to 13.6% in July - CAPMAS...

Egypt's annual urban consumer inflation accelerated to 13.6% year-on-year in July from 13.2% in June, data from the country's statistics agency CAPMAS showed on Wednesday....

 2022-08-10 06:22 

Reuters

Apple supplier Foxconn's Q2 profit up nearly 12%...

Apple Inc supplier Foxconn reported on Wednesday a 12% jump in second-quarter net profit, beating market estimates, helped by strong demand for its cloud computing products....

 2022-08-10 06:21 

Reuters

Sika's MBCC acquisition delayed after UK inquiry launched...

Sika said its acquisition of MBCC Group, the former BASF Construction Chemicals business, is expected to be completed later than expected after Britain's Competition and Markets Authority decided to conduct an in-depth examination of the market....

 2022-08-10 06:18 

Reuters

UK car insurer Admiral first-half pre-tax profit halves...

Admiral posted a 48% fall in pre-tax profit in the first half to 251.3 million pounds ($303.50 million), the UK motor insurer said on Wednesday....

 2022-08-10 06:14 

Reuters

Supermarket retailer Ahold shelves plan to spin off Bol.com...

Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an initial public offering (IPO) of its non-food retailer, Bol.com, because of unfavourable market conditions....

 2022-08-10 06:13 

Reuters

Taiwan residents largely calm in the face of Chinese anger...

Many people on self-ruled Taiwan look upon China's unprecedented military exercises with calm resignation, doubting that war is imminent and if anything, feeling pride in their democratic island's determination to defend itself....

 2022-08-10 06:13 

UPI

1 dead, 'multiple' injured in New Jersey Turnpike bus crash...

One person was killed and "multiple" people were injured Tuesday evening in a bus crash on the New Jersey Turnpike, authorities said....

 2022-08-10 06:11 

Reuters

Honda posts 9% fall in Q1 profit, beats estimate...

Japan's Honda Motor Co on Wednesday posted a better-than-expected 9% drop in first-quarter operating profit, squeezed by COVID-19 restrictions in China that curtailed production and higher material costs....

 2022-08-10 06:11 

Reuters

Norway's core inflation rises more than expected...

Norway's core inflation jumped in July to its highest level in more than two decades, exceeding forecasts as the costs of food soared 7.6%, Statistics Norway data showed on Wednesday....

 2022-08-10 06:10 

Reuters

Vietnam needs $8 bln-$14 bln power investment a year through 2030 - minister...

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday....

 2022-08-10 06:09 

Reuters

Europe to consider "dose-sparing" to increase monkeypox vaccine, WHO seeks trials...

Health officials in Europe are discussing whether to follow a move by the United States to stretch out scarce monkeypox vaccine supplies, with the World Health Organization calling for more data....

 2022-08-10 06:05 

Reuters

TUI says flight disruption costs weigh on Q3 results...

Holiday group TUI , posted a third-quarter operating loss on Wednesday due to additional costs related to the air traffic disruptions across Europe, but said summer bookings were close to pre-pandemic levels....

 2022-08-10 06:04 

Reuters

Nervous calm as dollar braces for inflation test...

Major currencies held steady on Wednesday with traders reluctant to place large bets ahead of U.S. inflation data, which markets will scrutinise closely for guidance on how steeply the U.S. Federal Reserve will raise interest rates in the coming months....

 2022-08-10 05:54 

Reuters

China extends military drills around Taiwan after Pelosi visit...

Chinese navy ships remained active off both Taiwan's east and west coasts on Wednesday morning, a source briefed on the matter told Reuters, as Beijing kept up military drills in protest against last week's visit to the island by U.S. House Speake...

 2022-08-10 05:49 

Reuters

Thai banks urged to freeze rates even if cbank hikes policy rate-FinMin...

Thailand's commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister said on Wednesday....

 2022-08-10 05:37 

Reuters

Chinese envoy says ties with Australia must be mended before solving trade issues...

China's ambassador to Australia said that more needed to be done to reset relations between Canberra and Beijing and that the two nations were not at the stage of solving political and trade disputes....

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