BUSINESS

Fans return as Comic-Con awaits new 'Thrones' and 'Rings' shows

On Feb. 2, when Meta Platforms reported Facebook's first-ever quarterly drop in daily users, its finance chief identified higher mobile data costs as a unique obstacle slowing growth in India, its biggest market.

A rise in lending income, boosted by steady growth in the total loan book and an improvement in customer spreads, drove a recovery in financial margins at Spain's Bankinter in the second quarter.

Spain's Bankinter on Thursday said its second quarter net profit rose 21% compared to same period a year ago when stripping out a 2021 hefty accounting gain from the market listing of its insurance unit LDA.

Across Haiti, fuel shortages and power outages bring life to a halt

Russia resumed critical gas supplies to Europe through Germany, but uncertainty lingered about whether the continent could avert an energy crisis this winter.

Channel Tunnel operator Getlink said on Thursday its half-year core profit more than tripled from a year earlier, beating analyst expectations on the back of rises in cross-Channel traffic and its new Eleclink project.

China's cybersecurity regulator on Thursday fined Didi Global Inc $1.2 billion, concluding a probe that forced the ride-hailing leader to delist from New York within a year of its debut and made foreign investors wary about China's tech sector.

China's cybersecurity regulator on Thursday fined Didi Global Inc $1.2 billion, concluding a probe that forced the ride-hailing leader to delist from New York within a year of its debut and made foreign investors wary about China's tech sector.

Roche's head of diagnostics, Thomas Schinecker, is to take over as group chief executive next year, replacing Severin Schwan, who will become chairman after rejuvenating the Swiss drugmaker's suite of treatments.

Finnish telecom equipment maker Nokia said it expects the global semiconductor shortage to ease later this year, as it reported quarterly operating profit that beat market expectations, boosted by solid demand for 5G gear.

Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market expectations, boosted by strong demand for 5G gear, and sees signs of a global chip shortage easing.

French defence and technology group Thales SA on Thursday raised its annual forecast for order intake and sales growth on the back of robust activity across all its segments in the first six months of the year.

SAP shares fell 4% on Thursday after the Gerban business software maker trimmed its profit outlook for the year citing charges related to the war in Ukraine.

SAP reported second-quarter revenue growth of 13% on Thursday, beating estimates on a boost from its cloud business, although the German business software group trimmed its profit outlook for the year due to the war in Ukraine.

Taiwan's central bank will make timely adjustments to monetary policy considering both global moves and domestic economic performance, but is not in a rush to raise rates outside of the bank's usual schedule, two sources said.

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, allaying some of Europe's immediate supply fears but not enough to end the threat of rationing to cope with potential winter shortages.

ECB surprises with aggressive rate hike, first since 2011

Bank of Japan sticks to easing, raises inflation forecast

Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its dwindling financial resources on repelling Russia.

A million people eager to dabble with an artificial intelligence tool that lets them speak pictures or art into existence will get their wish, creators of DALL-E said Wednesday.

A gauge of global stock markets rose for a fifth straight session while the euro edged up in choppy trading after the European Central Bank raised interest rates for the first time in more than a decade as it seeks to rein in inflation.

Stock markets and the euro held their ground on Thursday with investor nerves steadied by the resumption of Russian gas supplies to Europe as they waited for what is expected to be the European Central Bank's first interest rate hike in 11 years.

Stock markets eased on Thursday as a resumption of Russian gas supplies to Europe lifted the euro ahead of the European Central Bank's anticipated first interest rate hike in over a decade to quell inflation.

Russia resumes 'unstable' gas supplies to Europe via Nord Stream

The euro rose against the U.S. dollar in a choppy session on Thursday, after the European Central Bank (ECB) delivered a 50 basis points rate hike to tame inflation in its first rate increase since 2011.

The euro rebounded on Thursday, rising back toward a two-week high to the dollar, as Russian gas began to flow through a key pipeline again, but investors were cautious ahead of an expected European Central Bank interest rate hike later in the day.

The euro rebounded on Thursday, rising back toward a two-week high to the dollar, as investors braced for the European Central Bank's first interest-rate increase since 2011 and the scheduled reopening of a key Russian gas pipeline later in the day.

The euro hung below a two-week high to the dollar as investors braced for the European Central Bank's first interest rate increase since 2011 and the scheduled reopening of a key Russian gas pipeline later in the day.