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The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023.

Canada's Teck Resources misses first-quarter profit estimates

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Canadian miner Teck Resources missed first-quarter profit estimates on Thursday, partly due to lower steelmaking coal sales volumes. The company reported an adjusted profit of C$0.75 per share, for the quarter ended March 31, ...

The logo of Deutsche Bank is seen on the roof of a building outside a Deutsche Bank branch office in Malaga, Spain, April 24, 2024.

Deutsche Bank posts better-than-expected 10% rise in Q1 net profit

Reuters |Updated 2 minutes ago |1 min read

FRANKFURT (Reuters) - Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at the investment bank. Net profit attributable to ...

Visitors take photographs in front of the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019.

Hyundai Motor's Q1 profit drops 2.4%, beats forecasts

Reuters |Updated 1 minutes ago |1 min read

By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Thursday a drop of 2.4% in first-quarter profit, beating analysts forecasts, helped by solid sales of high-margin cars, while a cheaper domestic currency ...

Jars of Maggi bio vegetable stock, part of food giant Nestle's portfolio, are seen in the company's headquarters in Vevey, Switzerland, February 21, 2024.

Nestle misses quarterly sales estimates

Reuters |Updated 2 minutes ago |1 min read

LONDON (Reuters) - Nestle on Thursday missed first-quarter organic sales growth estimates as the world's biggest packaged food company hiked prices and sold fewer products. The maker of Maggi noodles and KitKat chocolate wafer bars confirmed its ...

A person walks pass some vendors on the street at a market in Bangkok, Thailand, September 26, 2019.

Thai banks to cut rates by 25 bps for 'vulnerable groups', bankers' association says

Reuters |Updated 2 minutes ago |1 min read

BANGKOK (Reuters) - Thai banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the country's Bankers' Association said on Thursday. The decision came after Prime Minister Srettha Thavisin said this ...

The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024.

Equinor Q1 profit beats forecast

Reuters |Updated 1 minutes ago |1 min read

OSLO (Reuters) - Equinor on Thursday posted higher-than-expected profits for the first quarter and said this was driven by high production in its native Norway and strong operational performance. The Norwegian oil and gas producer's adjusted ...

People visit the LG display at the international consumer technology fair IFA in Berlin, Germany September 2, 2022.

LG Display returns to quarterly loss on drop in off-season demand

Reuters |Updated 2 minutes ago |1 min read

SEOUL (Reuters) - South Korean flat-screen maker LG Display returned to an operating loss in the first quarter, hit by weakening demand for large display panels for TVs and small panels for smartphones. The Apple supplier posted an operating ...

A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022.

Toyota to delay EV production launch in US to 2026, Mid Japan Economist reports

Reuters |Updated 1 hour ago |1 min read

TOKYO (Reuters) - Toyota Motor will delay the start of its electric vehicle (EV) production in the U.S. to the spring of 2026 from the proposed 2025 timing, the Mid Japan Economist newspaper said on Thursday. The automaker will also reduce its ...

A welding robot assembles bodyworks on a Yaris car at the assembly line of the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, March 30, 2023.

Toyota hits record annual output, sales on robust demand

Reuters |Updated 11 minutes ago |2 min read

TOKYO (Reuters) -Toyota Motor said on Thursday its global sales and production hit record highs in the year ended March 31, supported by robust demand and the absence of semiconductor supply constraints it had to endure in recent years. Still, ...

A general view of the BASF chemical industry company in Schwarzheide, Germany, November 1, 2022.

BASF post slight Q1 earnings drop but beats forecast

Reuters |Updated 1 minutes ago |1 min read

BERLIN (Reuters) - Germany's BASF said first-quarter adjusted earnings fell 5.3% compared with the same quarter last year, to 2.7 billion euros ($2.89 billion), but still came in above analysts' consensus. In a statement on Thursday, the German ...

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