By Maria Martinez Expectations for economic growth in Germany slumped in July, falling even slightly below their level during the pandemic, data from the ZEW economic research institute showed Tuesday. Read more
Tag: synd
Yellen: Forex Intervention Warranted Only in Rare Circumstances
By Andrew Duehren TOKYO–Treasury Secretary Janet Yellen expressed reluctance to intervene to support the yen after the Japanese currency’s recent fall. Ms. Yellen, speaking in Tokyo on Tuesday after meeting Read more
DNB Bank 2Q Common Equity Tier 1 Capital Ratio 18.0% Vs 19.1%
By Dominic Chopping DNB Bank ASA on Tuesday posted a forecast-beating rise in second-quarter net profit, as earnings were boosted by higher net interest income. Norway’s largest lender made a Read more
General Motor’s Cruise Unit Denies NHTSA Investigation Following Reports
By Denny Jacob Cruise, General Motor Co.’s driverless-car division, denied that the National Highway Traffic Safety Administration was investigating a crash involving one of its self-driving cars following reports on Read more
Shell to Reverse up to $4.5 Bln in Impairments on Assets
By Joe Hoppe Shell PLC said Thursday it will reverse previous aftertax impairments of up to $3.5 billion to $4.5 billion to its upstream and integrated gas assets in the Read more
Japan Sentiment for Large Manufacturers Deteriorates, Tankan Survey Shows
By Megumi Fujikawa TOKYO–Sentiment among Japan’s large manufacturers deteriorated in the three months to June, reflecting concerns over lockdown in Shanghai and prolonged supply shortages. The main index for sentiment Read more
China’s Manufacturing, Services Activity Returned to Expansion in June — Update
China’s official gauges of factory and services activity rebounded to expansion in June after showing activity contraction for three months in a row, as Beijing eased Covid-19 restrictions and moved Read more
DOJ Files Lawsuit to Block Booz Allen Hamilton Acquisition of EverWatch
By Kathryn Hardison The Department of Justice filed a civil antitrust lawsuit on Wednesday to block Booz Allen Hamilton Holding Corp.’s proposed acquisition of EverWatch Corp. The department alleges that Read more