By America Hernandez
PARIS (Reuters) -TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, as expected, the French oil major's worst performance in four years, as higher upstream production failed to offset lower earnings caused by the recent plunge in oil and gas prices.
Adjusted net income fell to $3.6 billion for the three months to June 30 from $4.7 billion a year earlier, matching analyst expectations in an LSEG... (continue reading...)
By Miranda Murray
BERLIN (Reuters) -German consumer sentiment is set to decline heading into August, marking the second consecutive drop as households increasingly hold back on spending amid persistent economic uncertainty, a survey showed on Thursday
The consumer sentiment index, published by the GfK market research institute and the Nuremberg Institute for Market Decisions (NIM), unexpectedly fell to -21.5 points from -20.3 points the month... (continue reading...)
(Reuters) -China is taking steps to build a network to sell computing power and curb the unwieldy growth of data centres after thousands of local government-backed centres that sprouted in the country caused a capacity glut and threatened their viability.
The state planner is conducting a nationwide assessment of the sector after a three-year data centre building boom, according to two sources familiar with the matter and a document seen by Reuters.
... (continue reading...)LONDON (Reuters) -Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains sluggish.
The London-listed miner still expects to mine 690,000-750,000 tons of copper this year, down from 773,000 in 2024. The metal is used in electrical wiring and its demand is expected to increase for electric vehicles and renewable energy... (continue reading...)
LONDON/MILAN (Reuters) -Tesla shares fell nearly 6% in early trading in Europe on Thursday, after Elon Musk's electric vehicle maker posted its worst quarterly decline in sales in over a decade.
Shares in the company were down 5.7% in Frankfurt, having dropped 5% in after-hours trading on Wall Street on Wednesday.
Tesla's second-quarter profit missed analysts' expectations, yet its profit margin on making cars was not as bad as many had... (continue reading...)
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Exclusive-Indian firm shipped explosives to Russia despite US warnings
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Exclusive-Indian firm shipped explosives to Russia despite US warnings
