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Results 1 to 30Indonesia's economy likely lost some steam in Q4
2023-02-03, 01:45Summary Q4 GDP growth predicted at 4.84% y/y, vs 5.72% in Q3Q4 GDP growth predicted at 0.33% q/q, vs 1.81% in Q3Data due on Monday, February 6 BENGALURU, Feb 3 (Reuters) - Indonesia's economic growth likely slowed in the fourth quarter as declining commodity and energy prices hit exports, and a...
India's Crompton's misses Q3 profit view as inflation dents demand
2023-02-03, 01:45BENGALURU, Jan 31 (Reuters) - Indian household appliance maker Crompton Greaves Consumer Electricals Ltd (CROP.NS) reported a bigger-than-expected 43% slump in third-quarter profit on Thursday, hit by muted demand for its fans and LED lighting products and soaring costs. Consolidated net profit fell...
Chile wildfires consume over 750 hectares threatening forests, farmland
2023-02-03, 01:45SANTIAGO, Feb 2 (Reuters) - Wildfires have consumed more than 750 hectares (1,853 acres) of forest in Chile, destroying houses and threatening farms and forests as the South American nation faces a summer heatwave across southern and central swathes of the country. Fire has so far covered some 550...
BOJ new governor contender Nakaso takes up APEC advisory council post
2023-02-03, 01:45TOKYO, Feb 3 (Reuters) - Former Bank of Japan (BOJ) Deputy Governor Hiroshi Nakaso, seen as a leading contender to become the new central bank chief, said he has taken up a post heading a financial conference under the Asia-Pacific Economic Cooperation (APEC) advisory council. Speaking at a fintech...
Freeport LNG seeks U.S. approval to restart loading at Texas export plant
2023-02-03, 01:45Companies Freeport LNG Development LPFollow Chubu Electric Power Co IncFollow Tokyo Electric Power Company Holdings IncFollow Osaka Gas Co LtdFollow Bp PlcFollow Feb 2 (Reuters) - Freeport LNG, the second biggest U.S. liquefied natural gas (LNG) exporter, sought approval from federal regulators to...
U.S. prosecutors probe Silvergate's dealings with FTX, Alameda -source
2023-02-03, 01:45Feb 2 (Reuters) - Federal prosecutors in Washington are probing Silvergate Capital Corp (SI.N) and its dealings with bankrupt crypto exchange FTX and Alameda Research, according to a source familiar with the investigation. Prosecutors in the Justice Department's fraud section are involved in...
South Korea braces for tough H1, promises support for exports, investment
2023-02-03, 01:45SEOUL, Feb 3 (Reuters) - South Korea's finance minister said on Friday the country's exports and investment would be weak at least through the first half of the year and that the government would provide maximum support to ease the situation. "The government will provide...
Drought threatens U.S. wheat production despite acreage bump
2023-02-03, 01:45CHICAGO, Feb 2 (Reuters) - U.S. farmers expanded plantings of winter wheat by 11% from a year ago to an eight-year peak, encouraged by high prices tied to concerns over food supplies following Russia's invasion of major wheat producer Ukraine, as well as relatively low input costs and expanded...
U.S. natgas eases to 21-month low with warmer weather coming next week
2023-02-03, 01:45Companies Berkshire Hathaway Energy CompanyFollow Freeport LNG Development LPFollow Feb 2 (Reuters) - U.S. natural gas futures eased about 1% on Thursday to a fresh 21-month low on forecasts for the weather to turn mostly warmer than normal through mid February and on a smaller than usual storage...
Brazil senator says he attended election conspiracy meeting with Bolsonaro
2023-02-03, 01:45BRASILIA, Feb 2 (Reuters) - A Brazilian senator said on Thursday that a close ally of former President Jair Bolsonaro tried to persuade him to join a conspiracy to overturn the far-right leader's electoral loss last year. Senator Marcos do Val told a news conference that he had been invited to...
India's Coromandel Int'l Q3 profit beats view on robust demand
2023-02-03, 01:45BENGALURU, Feb 2 (Reuters) - Agricultural chemicals maker Coromandel International Ltd (CORF.NS) reported a better-than-expected rise in third-quarter profit on Thursday, as demand for its products was bolstered by healthy sowing, above average monsoon and firm crop prices. The company's...
Ford set to partner Red Bull in F1 from 2026 - reports
2023-02-03, 01:45LONDON, Feb 2 (Reuters) - U.S. carmaker Ford will announce an engine partnership with Formula One world champions Red Bull from 2026 at the team's launch in New York on Friday, according to media reports in Europe. Italian media disclosed details on Thursday after an apparent embargo breach....
Biden thanks White House's Deese for helping steer economic recovery
2023-02-03, 01:45WASHINGTON, Feb 2 (Reuters) - U.S. President Joe Biden on Thursday credited Brian Deese, his outgoing top White House economic adviser, for helping achieve the administration's economic vision for the country. Biden said Deese's work as director of the National Economic Council (NEC) was...
Insurance claims continue to roll in as torrential rains wreak havoc in Auckland
2023-02-03, 01:45Feb 3 (Reuters) - Insurance firms continued to receive thousands of claims following severe storms and flooding in and around New Zealand's biggest city, Auckland, with Insurance Australia Group (IAG) (IAG.AX) registering a bulk of the claims so far. Auckland and much of New Zealand's...
Apple forecasts another drop in revenue, proclaims iPhone production problems over
2023-02-03, 01:45Feb 2 (Reuters) - Apple Inc (AAPL.O) on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as production had returned to normal in China after COVID-related shutdowns. While striking an optimistic tone on sales of services and...
Egypt's central bank leaves key interest rates unchanged
2023-02-03, 01:45CAIRO, Feb 2 (Reuters) - Egypt's central bank kept its overnight interest rates unchanged on Thursday, saying in a statement that steep rate increases put in place over the last year should help to tame inflation, now running at 21.3%. The hold had been unexpected by many analysts. A poll of 13...
FirstEnergy sells stake in transmissions unit for $3.5 billion
2023-02-03, 01:45Feb 2 (Reuters) - Utility provider FirstEnergy Corp (FE.N) said on Thursday it would sell a 30% ownership interest in its unit FirstEnergy Transmission LLC (FET) to Brookfield Super-Core Infrastructure Partners in an all-cash deal of $3.5 billion. The latest sale comes after FirstEnergy divested...
Keppel profit slumps on China lockdown, real estate woes; sees green shoots
2023-02-03, 01:45Summary Companies Annual net profit down more than expectedUrban development unit profit falls 63%Declares final dividend of 18 SG cents Feb 2 (Reuters) - Singapore's Keppel Corp (KPLM.SI) posted a steeper-than-expected drop in annual profit on Thursday hurt by its urban development unit, but...
Venezuela's Maduro complains about U.S. cash-less authorizations
2023-02-03, 01:45CARACAS, Feb 2 (Reuters) - Venezuela's President Nicolas Maduro on Thursday lashed out at U.S. licenses barring companies doing business with sanctioned Venezuelan state firms from paying cash to his administration. Washington last year authorized U.S. and European firms to resume taking...
Japan Jan services activity growth at three-month high - PMI
2023-02-03, 01:45TOKYO, Feb 3 (Reuters) - Japan's services sector activity grew at its fastest pace in three months in January, but worsening inflation and employment trends point to challenges ahead, a business survey showed, as policymakers bet on the country's economic reopening to lift demand....
Demonstrators in DR Congo demand pope meet sexual abuse victims
2023-02-03, 01:45KINSHASA, Feb 2 (Reuters) - Around two dozen activists and sexual abuse victims demonstrated in Democratic Republic of Congo's capital on Thursday across the road from a cathedral where Pope Francis was meeting clergy. They held up placards, including some demanding that the pope meet with...
Nottingham Forest sign Ghana captain Ayew
2023-02-03, 01:45Feb 2 (Reuters) - Nottingham Forest have signed Ghana forward Andre Ayew until the end of the season, the Premier League club said on Thursday. The Ghana captain, a free agent, arrives from Qatari side Al Sadd, where he played since 2021, scoring 15 goals in 21 league matches and winning the Qatar...
Brazil ends ethanol import tax exemption, U.S. disappointed
2023-02-03, 01:45SAO PAULO, Feb 2 (Reuters) - The Brazilian government has ended a tax exemption on imports of fuel ethanol, with immediate effect, according to the country's agriculture ministry, a move that would mostly hurt the United States ethanol industry. Ethanol imports will now have to pay a tax of 16%...
Explainer: The Fed says disinflation is welcome. What is that, exactly?
2023-02-03, 01:45WASHINGTON, Feb 2 (Reuters) - Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell called "most welcome" disinflation, betting it signals the central bank's war on high inflation is nearing an end. Powell in fact used the word 15 times during his...
Abdul-Jabbar to attend Lakers games as LeBron closes on record - source
2023-02-03, 01:45LOS ANGELES, Feb 2 (Reuters) - Kareem Abdul-Jabbar will be in the stands for two Lakers home games in which LeBron James is likely to surpass him and become the NBA's all-time leading scorer, a source close to the Lakers great told Reuters on Thursday. Abdul-Jabbar and James have had a frosty...
U.S. demands Sudan reverse ruling to free man convicted in envoy's killing
2023-02-03, 01:45WASHINGTON, Feb 2 (Reuters) - The United States on Thursday called on the Sudanese government to use all available legal means to reverse a decision this week to release a Sudanese man facing the death penalty in the killing of a U.S. diplomat in 2008. Abdelraouf Abuzeid was found guilty, along with...
U.S. 'deeply frustrated' by medals' delay
2023-02-03, 01:45Feb 2 (Reuters) - U.S. Figure Skating on Thursday said it was "deeply frustrated" by the nearly one-year delay in its athletes receiving medals won in the team event at the Beijing Olympics as a doping case involving a Russian skater continues to play out. The Americans finished second...
Qualcomm sees earnings below Street as smartphone market sags
2023-02-03, 01:45BENGALURU/OAKLAND, Calif. Feb 2 (Reuters) - Qualcomm Inc (QCOM.O) forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the chipmaker grapples with the combined toll of weak demand for smartphones and a supply glut, a situation that is expected to persist into the...
Children hit by train in Germany, one killed, authorities say
2023-02-03, 01:45BERLIN, Feb 2 (Reuters) - A child was killed and another was seriously injured on Thursday after they were hit by a train along a railway line in the western German town of Recklinghausen, local authorities said. Bild newspaper said the victims were dragged by a freight train for several hundred...
EU-Ukraine wartime summit to deliver on some issues, disappoint on others
2023-02-03, 01:45Summary EU leaders to convene talks with Zelenskiy in KyivEU offers more military, financial, political supportZelenskiy stresses unity to defend Ukraine against Russia KYIV, Feb 3 (Reuters) - European Union leaders will meet Ukrainian President Volodymyr Zelenskiy in Kyiv on Friday, bringing the...
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