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Ericsson warns of possible fine over Iraq scandal; earnings miss

STOCKHOLM (Reuters) – Sweden’s Ericsson (BS:ERICAs), under fire for its handling of a bribery investigation in Iraq, warned on Thursday of a potential fine by U.S. regulators and reported a.

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UK retailer Dunelm quarterly sales surge as stores reopen

(Reuters) – Dunelm said on Thursday its total sales jumped in the third quarter, as the British homeware retailer benefited from the reopening of stores after coronavirus curbs were eased..

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China’s anti-corruption watchdog involved in probe of Jack Ma’s Ant – Bloomberg News

(Reuters) – The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma’s Ant Group and state-owned Chinese companies, Bloomberg.

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Hermes Q1 sales rise 27% at constant exchange rates

PARIS (Reuters) – Sales at Birkin bag maker Hermes jumped 27% in the first quarter, lifted by strong appetite for its luxury accessories, particularly in the United States and Europe,.

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Uniqlo operator Fast Retailing’s H1 profit rose 18% despite China slowdown

TOKYO (Reuters) – Clothing brand Uniqlo’s Japanese owner said on Thursday first-half operating profit climbed 18%, even as COVID-19 lockdowns in China hampered sales in its biggest overseas market. Fast.

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Benettons, Blackstone offer 23 euros a share in Atlantia bid

MILAN (Reuters) -The holding company of Italy’s Benetton family and U.S. investment fund Blackstone (NYSE:BX) will spend up to 12.7 billion euros ($14 billion) to buy out other investors in.

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Japan’s SMFG, Tepco, Mitsubishi face activist climate votes at AGMs

By Makiko Yamazaki TOKYO (Reuters) – Big Japanese firms including Sumitomo Mitsui (NYSE:SMFG) Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater.

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Asian Stocks Mixed, Investors Continue to Gauge Inflation Risk

By Gina Lee Investing.com – Asia Pacific stocks were mixed on Wednesday morning, while U.S. Treasuries fell, as investors continued weighing the risks from high inflation. China’s Shanghai Composite was down 0.31%.

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Asian shares gain as U.S. inflation data not as bad as feared

By Alun John HONG KONG (Reuters) – Asian shares rose on Wednesday boosted by U.S. inflation figures that fared better than markets’ worst expectations – and caused U.S. yields to.

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YouTube back online after outage disrupts services

(Reuters) -Alphabet Inc’s YouTube said on Tuesday it has fixed issues that had disrupted certain features for several thousands of its users across the online video sharing and social media.

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