German industrial gear maker Siemens posted better-than-expected earnings growth during the April-to-June quarter, buoyed by customers who are upgrading their electricity infrastructure and by demand for production software. For its fiscal third quarter, Siemens on Thursday reported an 11% increase in operating profit before certain items to 3.0 billion euros , beating the average analyst forecast of 2.84 billion euros in a consensus posted on the group's website.
Kyle Schwarber hit three homers and drove in seven runs, helping the Philadelphia Phillies rally to beat the Los Angeles Dodgers 9-4 on Wednesday night. The Dodgers lost two of three in the matchup between the National League’s top two teams, cutting their NL West lead to three games over surging Arizona — their smallest margin since late April. Schwarber's three-run homer capped a five-run sixth during which the NL East-leading Phillies tied and then took the lead.
A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of breaching the rules of a G7 price cap, data from traders and shippers shows. The data seen by Reuters showed that five insurers, including American Club, Luxembourg-headquartered West of England and Norway's Gard, provided cover for 10 tankers that sailed from Russia to Asia this year.
AMSTERDAM, August 08, 2024--Prosus N.V. : The Naspers and Prosus boards announce that after 29 years of exemplary leadership and service, Basil Sgourdos will retire from his position as Group Chief Financial Officer and financial director of both companies effective 30 November 2024.