(Reuters) – UK’s export-oriented FTSE 100 rose on Friday as miners jumped on hopes that China would relax its COVID-19 restrictions, setting up the index for weekly gains after a week that saw major central bank meetings dictating the market’s moves. T…
SocGen profit tops forecast, France lags
By Silvia Aloisi and Matthieu Protard PARIS(Reuters) – Societe Generale, France’s third-biggest listed bank, joined European rivals in posting a higher than expected net income in the third quarter thanks to bumper trading revenues as veteran CEO Frede…
Marriot shares slide on delayed opening of some properties in China
(Corrects to say “one”, not “once” in last paragraph) By Priyamvada C (Reuters) -Marriott International Inc said on Thursday China’s strict COVID-19 policies were delaying openings of some properties in the country, a key market for hotel operators, wh…
Cleric killed in restive Iranian city, protests rage on
DUBAI (Reuters) -A cleric at a Shi’ite Muslim mosque in the restive, mostly Sunni Muslim Iranian city of Zahedan has been shot dead, the official news agency IRNA said, threatening a spike in sectarian tensions complicating government efforts to contai…
Logistics meant King Charles could not go to COP27, Sunak’s spokeswoman says
LONDON (Reuters) – Britain’s King Charles will not go to the COP27 U.N. climate summit in Egypt as new Prime Minister Rishi Sunak has not been in office long enough for the logistics to be arranged for the monarch to go, Sunak’s spokeswoman said on Thu…
Greece to tax power firms on windfall profits from higher gas prices
ATHENS (Reuters) – Greece will impose supplementary tax bills on energy firms, its energy minister said on Thursday, after a regulator identified windfall profits stemming from elevated energy prices. European gas prices have soared since Russia, Europ…
Israeli forces kill four Palestinians in West Bank, Jerusalem clashes, medics say
By Ali Sawafta RAMALLAH, West Bank (Reuters) -Israeli forces killed four Palestinians in the occupied West Bank and Jerusalem on Thursday, the Palestinian health ministry said, including an Islamic Jihad militant and a man accused by police of stabbing…
Israeli PM Lapid congratulates Netanyahu on election win
By Dan Williams JERUSALEM (Reuters) -Israeli Prime Minister Yair Lapid on Thursday congratulated Benjamin Netanyahu on his election win, a Lapid spokesperson said, confirming the former premier’s triumphant comeback at the head of a solidly right-wing …
Wall Street sees little respite to Qualcomm’s smartphone gloom
(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and Wall Street analysts don’t expect that to turn around anytime soon. At least 14 brokerages lowered their price targets on the largest m…
Pirelli ups 2022 sales view as pricing, product mix give boost
MILAN (Reuters) -Italian tyremaker Pirelli on Thursday lifted its 2022 sales forecast after third-quarter figures came in above expectations, citing the resilience of its business model and measures put in place against market volatility. The manufactu…