JOHANNESBURG (Reuters) -South Africa’s rand inched up early on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook. At 0630 GMT, the rand traded at 17.49 per dollar, up about 0.3% after falling more than 1% on Tuesday amid weaker gold prices, in …
South Africa’s rand pauses slide as investors await next catalyst Read More »
MILAN (Reuters) -Italian digital bank and asset gatherer Fineco on Wednesday posted a higher-than-forecast third-quarter profit, with revenues bucking expectations for a decline from a year earlier. Fineco said net income for the July-September period totalled 163 million euros ($190 million), above a Visible Alpha analyst consensus of 154 million euros. Revenues came in at …
Italy’s Fineco posts higher-than-forecast profit, sees October inflows up 30% y/y Read More »
By Adrian Portugal and Eloisa Lopez CEBU, Philippines (Reuters) -As the death toll from Typhoon Kalmaegi in the Philippines climbed to 66, residents in the hardest-hit province of Cebu are confronting the devastation it left behind: homes reduced to rubble, streets choked with debris, and lives upended. In Talisay city, survivors sift through the destruction, …
Kalmaegi death toll climbs to 66 as Philippine survivors confront destruction Read More »
Frankfurt (Reuters) – Der Dax wird am Mittwoch der Kursentwicklung an den Terminmärkten zufolge mit Verlusten in den Handel starten. Am Dienstag hatte der deutsche Leitindex 0,8 Prozent schwächer bei 23.949,11 Punkten geschlossen. Nach unten ging es auch an der Wall Street. Händler verwiesen unter anderem auf Zweifel an den hohen Aktienpreisen und Sorgen über …
Dax niedriger erwartet – US-Shutdown und Bilanzflut im Blick Read More »
By David Shepardson WASHINGTON (Reuters) -Major automakers including Tesla, Toyota and Ford, urged the Trump administration on Tuesday to extend a North American free trade deal they call crucial to American auto production. The automakers, which also included General Motors, Honda, Hyundai, Rivian, Mazda, Volkswagen and Stellantis, made the comments in filings with the U.S. …
Automakers urge US to extend North America free trade deal Read More »
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s economic growth decelerated slightly in the third quarter, official data showed on Wednesday, highlighting a challenge for the government to boost growth to 8% by 2029. Growth slowed to 5.04% in the third quarter from 5.12% in the second quarter. That means that the fourth quarter …
Indonesia Q3 GDP growth slows slightly to 5.04% ahead of end-year stimulus measures Read More »
(Reuters) -Siemens Healthineers on Wednesday reported fourth-quarter revenue that was slightly below analysts’ consensus as higher U.S. import tariffs weighed on sales. The group’s revenue was 6.32 billion euros ($7.37 billion) in the quarter, compared to the 6.45 billion euros expected by analysts polled by Vara Research. “Higher tariffs had a negative effect in all …
Siemens Healthineers misses Q4 sales expectations Read More »
(Reuters) -German healthcare group Fresenius raised its operating profit guidance for 2025 on Wednesday, citing strong earnings growth seen in the first three quarters of the year. The Hessian-based company expects its earnings before interest and taxes to grow by 4% to 8% on a constant currency basis, after previously guiding for a range of …
Germany’s Fresenius raises 2025 earnings guidance Read More »
FRANKFURT (Reuters) -Vonovia, Germany’s largest real estate group, on Wednesday reported that it returned to profit in the first nine months of the year, as it recovers from the nation’s worst property crisis in decades. Net profit of 3.41 billion euros ($3.98 billion) in the first three quarters of the year compares with a loss …
Germany’s Vonovia returns to profit on write-ups as real-estate market recovers Read More »
(Corrects paragraph 1 to say Wednesday, not Monday) (Reuters) -Singapore’s CapitaLand Investment said on Wednesday it closed its value-add lodging private fund with $650 million in total commitments, exceeding its target by $50 million, reflecting strong investor confidence in housing and lodging in the Asia Pacific. The CapitaLand Ascott Residence Asia Fund II (CLARA II) …
Singapore’s CapitaLand Investment exceeds target with $650 million for lodging fund Read More »
