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Venture capital dealmaking in the United States dipped in the first half of 2022, as investors shied away from signing large checks for startups due to uncertain macroeconomic conditions and market turmoil, according to a report on Thursday. The value Read more
The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price shock triggered by the Ukraine conflict tips the bloc into Read more
Swedish bank SEB (SEBa.ST) said on Thursday its second-quarter net profit beat analyst expectations, as higher interest rates and increased demand from corporate customers offset negative impact from lacklustre stock markets. Net profit fell to 5.84 billion Swedish crowns ($551 Read more
Norwegian oil services firm Aker Solutions (AKSOA.OL) raised its 2022 revenue outlook as it sees increased activity from oil and gas companies, with tender activity heading for a new record, it said on Thursday. The company now expects its 2022 Read more
Elevator maker Kone (KNEBV.HE) on Thursday lowered its sales and profit outlook for this year due to lower-than-expected second quarter sales and weakened new equipment market outlook in China. Lockdowns to curb the spread of coronavirus in China, which accounts Read more
A look at the day ahead in markets from Dhara Ranasinghe. After staring parity against the dollar in the face for days, the euro finally broke the key level — to the palpable relief of traders (and financial journalists) who Read more
Experian (EXPN.L) reported higher first-quarter total revenue on Thursday, as the world’s largest credit data firm benefited from a robust demand in demand and supply of credit, mainly in North America. While overall demand for credit reports and scores is Read more