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European markets open to close, earnings, data and news
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European markets open to close, earnings, data and news

U.S. stocks open higher U.S. stocks opened higher Thursday after the economy grew at a faster-than-expected pace in the third quarter. The Dow Jones Industrial Average was up 1.45% in early deals while the S&P 500 was 0.4% higher. The Nasdaq Composite traded was down 0.25%. — Karen Gilchrist Stocks on the move: Danske Bank...

Hard-drive maker Seagate Tech faces China sanctions warning
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Hard-drive maker Seagate Tech faces China sanctions warning

BEIJING — Seagate Technology said Thursday the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China. The company said in an SEC filing that it rejected the allegations. It says its hard disc-drives are not subject to U.S. Export Administration regulations,...

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Shell Reports Earnings of $9.45 Billion

The oil and gas giant said it had avoided Britain’s “windfall” tax because of big capital expenditures in the North Sea.#Shell #Reports #Earnings #Billion Source link

Shell, Awash With Cash, to Boost Dividend, Share Buybacks
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Shell, Awash With Cash, to Boost Dividend, Share Buybacks

The oil giant said it plans to boost its dividend and buy back another $4 billion of its shares in the coming months, as it continues to benefit from strong demand for natural gas in difficult-to-navigate markets.#Shell #Awash #Cash #Boost #Dividend #Share #Buybacks Source link

Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit
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Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit

The logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg | Bloomberg | Getty Images British oil major Shell reported a third-quarter profit Thursday, but lower refining and trading revenues brought an end to its run of record...

Q3 2022 earnings and overhaul
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Q3 2022 earnings and overhaul

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that was significantly worse than analyst estimates, as it announced a massive strategic overhaul. The embattled lender posted a third-quarter net loss of...

Q3 2022 earnings and overhaul
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Q3 2022 earnings and overhaul

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that was significantly worse than analyst estimates, as it announced a massive strategic overhaul. The embattled lender posted a third-quarter net loss of...

Google, Temasek, Bain report on Southeast Asia digital economy in 2022
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Google, Temasek, Bain report on Southeast Asia digital economy in 2022

Two women using their mobile phones at Raffles Place, the central business district area of Singapore. Nicky Loh | Bloomberg | Getty Images SINGAPORE — South East Asia’s top digital economies grew faster than expected in 2022 and is set to reach $200 billion in total value of transactions made this year, according to a...

As earnings plunge, Samsung says chip demand may recover in late 2023
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As earnings plunge, Samsung says chip demand may recover in late 2023

People walk past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on October 7, 2022. Jung Yeon-je | Afp | Getty Images Samsung Electronics reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023, as the global...