Stock Market

TUI says that the cost of flight delays hurt Q3 results.

(Reuters) -On Wednesday, holiday company TUI reported an operating loss for the third quarter because of extra costs caused by…

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Honda raised its annual profit forecast after beating quarterly estimates.

Tokyo (Reuters) – On Wednesday, Honda Motor Co. of Japan reported a smaller-than-expected drop in operating profit for the first…

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E.ON lowers the value of its stake in Nord Stream 1 by more than half.

Frankfurt (Reuters) –E.ON is Europe’s largest energy network operator. On Wednesday, it cut the value of its stake in the…

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China’s Lenovo says that its sales growth has been the slowest in nine quarters.

Hong Kong (Reuters) – Lenovo Group (OTC:LNVGY), which makes more personal computers than any other company in the world, had…

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Cathay Pacific’s loss is getting smaller, but COVID rules on the crew’s cloud outlook.

Hong Kong (Reuters) – Cathay Pacific Airways Ltd said that Hong Kong’s strict COVID rules for crew were making it…

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Elon Musk sells Tesla stock worth $6.9 billion as a legal battle with Twitter looms.

According to a filing made public on Wednesday, Elon Musk sold approximately $6.9 billion in Tesla Inc (NASDAQ: TSLA) stock…

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Rising interest rates benefit the CEO of Legal & General.

LONDON (Reuters) -Legal & General’s business is doing well because interest rates are going up, the company’s CEO said on…

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As caution prevails ahead of U.S. inflation statistics, stocks decline.

London/Hong Kong (Reuters) – As investors waited for U.S. inflation data, which was due out the next day and was…

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The stocks of China’s “BAT” trio fall as the tech sector faces renewed rate risks.

Baidu Inc (HK:9888), Alibaba Group Holding Ltd (HK:9988), and Tencent Holdings Ltd (HK:0700) all saw their Hong Kong-listed shares plummet…

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Asia’s stocks were down, and U.S. rate risks helped the dollar.

Sydney (Reuters) – Asian stock markets were quiet on Monday, and the dollar didn’t change much. This was because a…

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