BUSINESS

Industrial conglomerates GE and 3M, and chipmakers Texas Instruments and SK Hynix cautioned that China's COVID-19 led stringent curbs were further disrupting battered supply chains and hurting their revenue.

Hong Kong exchange profits plunge amid IPO drought, virus woes

Relief and alarm as El Salvador rounds up 'gangsters'

Swedish banks SEB and Handelsbanken both delivered better-than-expected quarterly profit gains on Wednesday to send their shares higher even as the war in Ukraine and surging inflation began redrawing the economic outlook.

Mercedes-Benz expects strong demand for high-end cars to allow it to offset rising raw material and transport costs with higher prices, forecasting a pick-up in deliveries once chip shortages ease.

Deutsche Bank posted a better-than-expected 17% rise in first-quarter profit on Wednesday as investment banking revenues climbed, but its share price fell as it warned that the Russia-Ukraine conflict could hurt annual earnings.

Deutsche Bank posted a better-than-expected 17% climb in first-quarter profit as investment banking revenues rose, but it warned that the Russia-Ukraine conflict could hurt full-year results.

A mixed bag of earnings from some of Wall Street's biggest companies may muddy the outlook for investors hoping to "buy the dip" amid a vicious stock market selloff.

A regulatory gap allows automakers like Ford and BMW to make U.S.

LG Display Co Ltd saw first-quarter profit plummet far below forecasts and warned of a further drop in panel prices as pandemic-driven demand for TVs, smartphones and laptops fades and competition heats up.

South Korea's LG Display Co Ltd on Wednesday reported a 93% plunge in first-quarter profit, far below estimates as pandemic-driven demand for TVs, smartphones and laptops dropped off, causing sharp declines in panel prices.

Credit Suisse plans to rely on existing capital to navigate a challenging transition period, a source close to the matter said on Wednesday, even as a first-quarter loss worsened the Swiss bank's financial pain and triggered a new management reshuffle.

Credit Suisse posted on Wednesday a 273 million Swiss franc ($283.6 million) first-quarter loss, prolonging the embattled lender's financial troubles after a slew of scandals.

Despite unrest, it's business before politics in West Bank town

UN chief in Ukraine after EU-Russia gas row

UAE vows 'responsible' artificial intelligence rollout

Eurozone stocks wobble, euro hits 5-year dollar low

Stay or go? Ukraine refugees torn between safety and home

Major U.S. and European equity indexes rose in choppy trade on Wednesday, and the euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland and investors worried more about the region's economy.

Russian gas stop clouds outlook for solar panel supplier

European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments face as they contemplate new sanctions on Russian oil.

Oil prices dipped on Wednesday as a soaring U.S. dollar made barrels more expensive and coronavirus outbreaks in China clouded the economic outlook in the world's biggest importer of crude oil.

Oil was broadly steady on Wednesday after Russia cut gas supplies to Bulgaria and Poland, although lingering concerns about Asian coronavirus lockdowns weighing on economic growth and oil demand kept a lid on prices.

Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Bulgaria and Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.

Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.

Mali accuses France of spying after video of mass grave