More From IBT Staff Reporter
Schlumberger Raises Revenue Forecast As Oilfield Services Booms
Schlumberger NV on Friday raised its annual revenue forecast after beating analysts' second quarter earnings expectations, buoyed by higher demand for its oilfield services and equipment.
Jul 22, 2022
Analysis-Brazil Risk Premium Soars After Congress Breaks Spending Cap
Brazilian fixed-income markets are pricing in the highest risk levels in years, raising red flags among investors and government officials who see little relief in sight.
Jul 22, 2022
Irish Ex-soldier Jailed For 15 Months For Joining IS In Syria
Irish ex-soldier jailed for 15 months for joining IS in Syria
Jul 22, 2022
Dimmed Street Lights, Shorter Showers: Germany Leads Europe Energy Savings Drive
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating.
Jul 22, 2022
Morgan Stanley Expands Listed FX Offering With Eurex Trading
Morgan Stanley has expanded its presence in the growing listed foreign exchange derivatives space, announcing it is offering clients the option to trade listed FX through the Eurex platform.
Jul 22, 2022
France's Hung Parliament Passes 20-bn-euro Inflation Package
France's hung parliament passes 20-bn-euro inflation package
Jul 22, 2022
Target Puts The Squeeze On Suppliers After Inventories Pile Up
Target Chief Executive Officer Brian Cornell pledged in a June blog post https://investors.target.com/news-releases/news-release-details/target-corporation-announces-updated-2022-plan-focused-inventory that the retailer would take necessary actions to adapt to a post-pandemic landscape, paring a record $15.1 billion in unsold merchandise.
Jul 22, 2022
Jan. 6 U.S. Capitol Riot Hearings Lay Blame At Trump's Feet
After losing the 2020 election, Donald Trump ignored close allies who told him that his claims of widespread election fraud were untrue, and when the followers who believed his false accusations stormed the U.S.
Jul 22, 2022
Nowhere To Live: Rents In Canada Surge As Home Prices Fall
Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise.
Jul 22, 2022
Germany Hands $15 Billion Bailout To Uniper After Russian Gas Hit
The German government stepped in to rescue Uniper with a 15 billion euro ($15.28 billion) bailout on Friday after the gas importer became the biggest casualty of Europe's energy standoff with Russia so far.
Jul 22, 2022
Germany's Uniper Gets 15 Billion Euro State Bailout To Avert Collapse
Uniper on Friday received a 15 billion euros ($15.2 billion) bailout from the German government to save the gas importer that is the biggest casualty of Europe's energy crisis so far.
Jul 22, 2022
Thousands Flee Feuding Taliban In Afghanistan's North
Thousands flee feuding Taliban in Afghanistan's north
Jul 22, 2022
Russia, Ukraine Seal Grain Deal In Istanbul
Russia, Ukraine seal grain deal in Istanbul
Jul 22, 2022
Europe's High-spending Tourists Set To Lift French Luxury Sales In Q2
Free-spending tourists in Europe are expected to drive brisk second quarter sales at French luxury groups LVMH, Gucci-owner Kering and Hermes, helping to offset the impact of disruptions in China from COVID-19 restrictions.
Jul 22, 2022
Despite Didi's $1.2 Billion Fine, China Tech's Regulatory Woes May Not Be Over
China's $1.2 billion fine on Didi Global draws a line under the ride hailing company's regulatory woes, but the retroactive application of laws and a lack of clarity on the firm's business revival show the worst for its tech sector may not be over.
Jul 22, 2022
Australia To Consider Indigenous Objections To $3 Billion Urea Plant
Australia's environment minister said on Friday she is considering an indigenous group's request to scrap a planned A$4.5 billion ($3.1 billion) fertiliser plant due to concerns about its potential impact on ancient indigenous rock art.
Jul 22, 2022
Militants Attack Mali's Main Military Base, Situation 'Under Control'
Islamist militants struck Mali's main military base, just outside the capital Bamako, on Friday in a complex attack involving car bombs, but the armed forces said they had repelled the assault and had the situation under control.
Jul 22, 2022
Gunfire Heard At Main Mali Military Base, Residents Suspect Militant Attack
Heavy gunfire was heard early on Friday at the main military base outside Mali's capital Bamako before easing after about an hour, in what residents of the camp said they believed was an attack by Islamist militants.
Jul 22, 2022
Heavy Gunfire Heard At Main Mali Military Base
Heavy gunfire was heard early on Friday at the main military base outside Mali's capital Bamako before easing after about an hour, a Reuters reporter said.
Jul 22, 2022
Storks Give Up Migrating To Live On Landfill In Spain
Storks give up migrating to live on landfill in Spain
Jul 22, 2022
Millions Hungry But Drought Overlooked As Kenya Prepares To Vote
Millions hungry but drought overlooked as Kenya prepares to vote
Jul 22, 2022
New Zealand COVID-19 Death Rate At Record Levels
New Zealanders are dying from COVID-19 at record rates as the country battles a new wave of the Omicron strain that is particularly affecting the older population.
Jul 22, 2022
Dollar Cresting As Central Banks Ape Fed :Mike Dolan
Central banks around the world are starting to sing from the U.S.
Jul 22, 2022
Column: Dollar Cresting As Central Banks Ape Fed: Mike Dolan
Central banks around the world are starting to sing from the U.S.
Jul 22, 2022
Analysis-Europe's Banks Brace For Bumpy Ride After Cheap Money Decade
Europe's banks, facing a potential economic storm and a rise in borrowing costs for the first time in more than a decade, are set to show their weak spots when they update investors on how their business has fared this year.
Jul 22, 2022
Near Free Public Transport Eases Congestion On Germany's Roads
Urban traffic congestion eased in the weeks after Germany made public transport almost free, data show, suggesting an experiment by Europe's largest economy to combat its addiction to cars may be having some success.
Jul 22, 2022
Pope To Visit Canada On 'Penitential Pilgrimage'
Pope to visit Canada on 'penitential pilgrimage'
Jul 22, 2022
Sri Lanka Troops Demolish Main Protest Camp
Sri Lanka troops demolish main protest camp
Jul 22, 2022
French Lawmakers Back Macron's Promised Inflation Relief
French President Emmanuel Macron's government honoured on Friday a re-election promise to boost household purchasing power amid soaring inflation as the National Assembly passed a bill lifting pensions and temporarily freezing rent hikes.
Jul 22, 2022
Lonza's First-half Core EBITDA Gains 16.5%
Swiss drug contract manufacturer Lonza said first-half core earnings gained 16.5% on strong demand from biopharmaceutical companies.
Jul 22, 2022
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