BUSINESS

Petro, the country's first leftist president, has proposed a process of "total peace" to bring Colombia's internal armed conflict of almost six decades to an end.

"We are not considering an artificial production cut," said Han Jin-man, executive vice president of memory business at Samsung.

Lee has been vice chairman of Samsung Electronics, the crown jewel of South Korea's biggest business conglomerate, since 2012.

Musk signaled the deal was on track Wednesday by changing his Twitter profile to "Chief Twit" and posting a video of himself walking into the company's California headquarters carrying a sink.

Finance Minister Enoch Godongwana said government has decided to give Eskom 225 billion rand ($12.4 billion) towards debt for the period 2019 to 2026.

Harley-Davidson on Wednesday reported better-than-expected profit as robust demand for popular bike models during the summer riding season boosted sales, easing investors' fears of a slowdown in leisure spending due to high inflation.

The company has observed a prolonged downturn in smartphone and personal computer demand in a trend that will linger into the first half of next year, UMC co-president Jason Wang said.

Japanese life insurers plan to buy more super-long government bonds, enticed by the highest yields since 2014.

Saudi Arabia, the world's top oil exporter, and fellow OPEC producers have warned of underinvestment in fossil fuels especially while spare production capacity is thin and demand relatively healthy despite economic headwinds.

China is the last major economy welded to a zero-Covid strategy, persisting with snap lockdowns, mass testing and lengthy quarantines in a bid to keep infections to a minimum.

Reckitt and other consumer goods companies, from Procter & Gamble to Nestle, are hiking prices this year, enabling them to partially pass record energy and supply chain cost increases on to shoppers.

"Mercedes-Benz intends to sell its shares in Russian subsidiaries to a local investor," Avtodom, the ministry said in a Telegram statement.

The Apple Inc supplier posted an operating loss of 759 billion won ($532.31 million) for the September quarter, compared to a profit of 529 billion won a year earlier.

The luxury carmaker now expects 13-15% in adjusted sales returns for the cars division this year, and 9-11% for Mercedes-Benz Vans, from previously 12-14% and 8-10%, respectively.

The measures published in two consultation papers on Wednesday include not allowing businesses to lend out cryptocurrencies owned by retail customers, and to ensure customer assets are segregated from their own assets.

The July-September net profit rose to 910 million crowns ($87.57 million) from a year-ago profit of 169 million, Norwegian said.

Overall government revenue dropped 6.6 percent to 15.3 trillion yuan from January to September as the government dolled out more tax rebates to businesses, according to the finance ministry.

The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an asset.

Aside from one period at the start of the Covid pandemic, that would mark the weakest revenue growth at Alphabet for any quarter since 2014.

The reality, according to internal Twitter research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts.

The lawsuit, filed Friday in federal court in Chicago, came days after a study from the U.S. National Institute of Environmental Health Safety (NIEHS) finding that hair-straightening products may significantly increase the risk of uterine cancer among frequent users.

German chemicals maker Covestro lowered its 2022 earnings guidance for the third time this year, blaming gas and raw material prices.

The big US automaker scored a 37 percent jump in third-quarter profits to $3.3 billion, bolstered by strong vehicle pricing in a market with historically low auto inventories.

The EU wants to modernise payments so that money can be transferred from one account to another in seconds, at any time of the day or night, compared with existing card payments and direct deposits.

The Swiss-American maker of keyboards, mice and headsets was the biggest gainer among European tech stocks, up 5.7% in early trade.

The buyer will be responsible for re-branding the restaurants and retaining existing employees.

Net profit attributable to shareholders fell to $1.73 billion, ahead of $1.53 billion forecast by 17 analysts in a company-gathered consensus.

Tata plans to start producing green steel - or steel made without using fossil fuels - in 2030 at its plant in Ijmuiden, Netherlands.

German chemicals maker Covestro cut its 2022 earnings guidance for the third time this year on Tuesday as it reported weaker-than-expected quarterly profits, blaming soaring gas and raw material prices.