<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=288482159799297&amp;ev=PageView&amp;noscript=1">

Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

Saltwire Logo

Welcome to SaltWire

Register today and start
enjoying 30 days of unlimited content.

Get started! Register now

Already a member? Sign in

A logo for Amazon Web Services (AWS) is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022.

Amazon Web Services plans $8.4 billion cloud investment in Germany

Reuters |Updated 1 hour ago |1 min read

STOCKHOLM (Reuters) - Amazon Web Services (AWS) said on Wednesday it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe. AWS last year announced plans to ...

The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018.

Allianz posts better-than-expected 22% increase in Q1 net profit

Reuters |Updated 1 hour ago |1 min read

FRANKFURT (Reuters) - Germany's Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strength in its property and casualty insurance business, the company said on Wednesday. Net profit attributable to shareholders ...

Thyssenkrupp's logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020.

Thyssenkrupp cuts sales, net profit forecasts on impairments, lower demand

Reuters |Updated 6 minutes ago |1 min read

FRANKFURT (Reuters) - German conglomerate Thyssenkrupp cut its 2023/24 forecast for sales and net profit for the second time in three months, blaming lower demand and prices at its steel unit as well as impairments at its materials trading ...

People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023.

Conflict, high borrowing costs clip growth in EBRD regions, report says

Libby George |Updated 1 hour ago |2 min read

By Libby George LONDON (Reuters) - Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in a semi-annual report released on Wednesday. ...

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022.

Love them or hate them, meme stocks are back

David Randall, Saqib Iqbal Ahmed |Updated 2 hours ago |3 min read

By Saqib Iqbal Ahmed and David Randall NEW YORK (Reuters) - Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong.

Electric car is charged at the charging station at the front of the German utility E.ON headquarters in Essen, Germany, May 9, 2018.

E.ON posts stable Q1 profits, raises investments by a quarter

Reuters |Updated 2 hours ago |1 min read

FRANKFURT (Reuters) - E.ON on Wednesday posted first-quarter profits that were roughly stable year-on-year, adding that investments were up by around a quarter as Europe's biggest operator of energy grids is massively ramping up spending on ...

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., May 1, 2024.

Morning Bid: Power of Powell lifts stocks ahead of US CPI

Reuters |Updated 2 hours ago |2 min read

A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured investors that the next ...

An old house is seen in front of new apartment buildings in Guangfuli neighbourhood, in Shanghai, China, April 18, 2016.

Utility price hikes in parts of China hand another blow to households

Joe Cash |Updated 2 hours ago |3 min read

By Joe Cash BEIJING (Reuters) - Utility price hikes in more than 10 Chinese cities may briefly lift nationwide inflation from ultra-low levels, but could ultimately turn into a deflationary force in the world's no. 2 economy as they further erode ...

A crane loads containers onto a ship at the Tanjung Priok port in Jakarta, Indonesia, August 3, 2022.

Indonesia records $3.56 billion trade surplus in April, above forecast

Reuters |Updated 8 minutes ago |1 min read

JAKARTA (Reuters) - Indonesia booked a slightly bigger than expected trade surplus in April of $3.56 billion, as the country saw smaller-than-estimated imports, data from the statistics bureau showed on Wednesday. A Reuters poll of economists had ...

A Thailand Baht note is seen in this illustration photo June 1, 2017.

Thai industrial sentiment falls in April on weak demand, wage hike plan

Reuters |Updated 1 hour ago |1 min read

BANGKOK (Reuters) - The Thai industrial sentiment index dropped in April, dented by slowing domestic demand, a government minimum wage hike plan and drought, the Federation of Thai Industries (FTI) said on Wednesday. The FTI said its industrial ...

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Local, trusted news matters now more than ever.
And so does your support.

Ensure local journalism stays in your community by purchasing a membership today.

The news and opinions you’ll love starting as low as $1.

Start your Membership Now

Videos

Tentative trial dates set for four teens charged with murder | SaltWire #newsupdate #halifax #court

Watch on YouTube: "Tentative trial dates set for four teens charged with murder | SaltWire #newsupdate #halifax #court"