Category Archives:
Dana sees ‘significant impact’ from UAW strikes to North American operations
(Reuters) - Auto parts supplier Dana said on Friday its operations in North America were "significantly impacted" by the ongoing United Auto Workers (UAW) union strikes against automakers, while outli...
Oct 27, 2023
Aon third-quarter profit beats on growth in commercial risk solutions unit
(Reuters) - Insurance broker Aon reported a third-quarter profit on Friday that beat analysts' estimates, helped by growth at its commercial risk solutions business. There has been an uptick in compan...
Oct 27, 2023
AbbVie raises profit forecast after Humira, newer drugs drive results beat
(Reuters) -AbbVie on Friday raised its annual profit forecast after beating quarterly earnings estimates, helped by a lower-than-feared drop in sales of its blockbuster arthritis drug, Humira, and str...
Oct 27, 2023
Colgate-Palmolive lifts annual forecasts again on higher prices, steady demand
(Reuters) - Colgate-Palmolive on Friday raised its annual organic sales and profit forecasts for a third time this year, betting on price hikes and steady demand for its self-care and pet nutrition pr...
Oct 27, 2023
Column-Global business cycle is in transition: Kemp
By John Kemp LONDON (Reuters) - Global economic activity was mixed during the third quarter of 2023, with distinct signs of improvement in the United States and China but continued sluggishness elsewh...
Oct 27, 2023
Cuba’s National Ballet celebrates 75th anniversary
By Anett Rios and Alien Fernandez HAVANA (Reuters) - The National Ballet of Cuba is celebrating its 75th anniversary with performances culminating in a tribute to its late founder Alicia Alonso, who u...
Oct 27, 2023
Refiner Phillips 66 posts third-quarter profit below estimates
(Reuters) - Refiner Phillips 66 reported a third-quarter profit on Friday that missed analysts' estimates, hurt by maintenance activities that hit throughput volumes. On an adjusted basis, the company...
Oct 27, 2023
Analysis-Global EV battery supply chain puzzles over China graphite curbs
SHANGHAI (Reuters) - Beijing's move to restrict graphite exports will have a disproportionate impact on foreign makers of electric vehicle battery components who have not yet shifted to using as much ...
Oct 27, 2023
US says some digital asset firms not doing enough to stop illicit finance
LONDON (Reuters) - The United States on Friday said some firms in the digital asset space were not doing enough to stop the flow of illicit finance. Cryptocurrency's role in terrorist financing and fu...
Oct 27, 2023
Asset manager Rithm to buy hedge fund Sculptor in about $720 million deal
(Reuters) - Real estate investment firm Rithm Capital will acquire hedge fund Sculptor Capital Management in a deal valuing the company at about $719.8 million, the companies said on Friday. The lates...
Oct 27, 2023
Peoria, IL, USA
38 °F Sunny
