KSLM Live KSLM AM & FM
play_arrow
03-05-2022 kslmadmin
By Arathy Somasekhar and Andrew Hayley (Reuters) – Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Brent crude rose 60 cents, or 0.8%, to $73.10 a barrel at 0545 GMT, while U.S. West Texas Intermediate was up 52 cents, or 0.8%, at $69.08 a […]
By Jesús Aguado MADRID (Reuters) -Spain’s Caixabank on Friday beat first-quarter net profit forecast, helped by higher lending income and a solid performance at its insurance business, even as retail deposits dipped compared to December. The lender reported a 21% rise in net profit to 855 million euros ($944.1 million) in the January to March period, despite a 373 million euros impact from a new banking levy. Analysts polled by […]
By Stephen Nellis (Reuters) – When Apple Inc surprised investors this week with a rise in iPhone sales despite a slump in the global smartphone market, Chief Executive Tim Cook credited emerging markets like India where the company is luring away Android phone users. Cook is betting that those markets will provide more opportunities for growth, with their youthful populations and relatively few iPhones. Apple said iPhone sales rose 1.5% […]
LONDON (Reuters) -Adidas’ first-quarter numbers came in better than expected, the company said on Friday, with sales down 1% from a year-ago period, as investors hope for the German sportswear giant to turn its fortunes around. Analysts expected sales to fall by 4% from the first quarter of 2022, according to consensus estimates compiled by Adidas. Adidas reported a small operating profit of 60 million euros ($66.26 million) and a […]
LONDON (Reuters) -Adidas’ first-quarter numbers came in better than expected, the company said on Friday, with sales down 1% from a year-ago period, as investors hope for the German sportswear giant to turn its fortunes around. Analysts expected sales to fall by 4% from the first quarter of 2022, according to consensus estimates compiled by Adidas. Adidas reported a small operating profit of 60 million euros ($66.26 million) and a […]
ROME (Reuters) – The French government must apologise to end a dispute over what Italy considers insulting remarks, including some on migrants arriving by boat, its foreign minister and deputy prime minister said in an interview published on Friday. A day earlier, the Italian minister, Antonio Tajani, called off a visit to Paris after comments from French Interior Minister Gerald Darmanin that Tajani said amounted to “insults” against Italy and […]
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom on Friday will try to convince EU antitrust enforcers that its proposed $61 billion bid for cloud computing company VMware, which has triggered regulatory scrutiny on both sides of the Atlantic, is pro-competitive. The company will present its arguments to senior European Commission officials and their counterparts from national competition agencies as well as lawyers from the EU executive at […]
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – China’s five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt – with a side of luxury shopping on the agenda. But with flights remaining limited after China’s border reopening in January, European luxury stores will need to wait longer for the return of masses of tourists they once depended on for growth. That […]
By Antonio Bronic and Aleksandar Vasovic DUBONA, Serbia (Reuters) -A gunman was on the loose on Friday after killing eight people and wounding 13 others near Belgrade, local media reported, the second deadly mass shooting around the Serbian capital in two days. Heavily armed police set up roadblocks near the town of Mladenovac, 42 km (26 miles) south of Belgrade, and were searching for a 21-year-old suspect. The shooting comes […]
