Category Archives:
Analysis-Fed decoupling boosts emerging market stocks, cools currencies
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the d...
Syndicated Content Aug 08, 2023
Singapore PM Lee: inflation is still a problem
SINGAPORE (Reuters) - Singapore Prime Minister Lee Hsien Loong on Tuesday said inflation is still an issue for the city-state known as one of the world's most expensive places to live. "Inflation is s...
Syndicated Content Aug 08, 2023
Under Armour beats quarterly sales estimates on steady demand
(Reuters) - Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts spurred demand for the sportswear maker's clothes and footwear. The apparel firm's quarterly revenu...
Syndicated Content Aug 08, 2023
New York Times beats quarterly revenue estimates
(Reuters) - New York Times Co reported second-quarter revenue on Tuesday that beat analysts' estimates as strong demand for its digital bundles of news and lifestyle products countered a weak advertis...
Syndicated Content Aug 08, 2023
Chinese farmer faces ruin after his flock of sheep drowned in floods
By Xiaoyu Yin and Josh Arslan BEIJING (Reuters) - Chinese farmer Zhou Lu had raised hundreds of sheep for four years. Now they lie, belly up or on their sides, dead and bloated after drowning in a flo...
Syndicated Content Aug 08, 2023
Eli Lilly beats profit estimates on strength of new diabetes drug
(Reuters) -Eli Lilly beat Wall Street estimates for second-quarter profit and raised its full-year earnings forecast on Tuesday, buoyed by strong demand for its new diabetes drugs Mounjaro, ahead of a...
Syndicated Content Aug 08, 2023
AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy
(Reuters) - Movie theater chain AMC Entertainment Holdings said the current quarter was off to a strong start driven by box-office hits such as "Barbie" and "Oppenheimer", after beating second-quarter...
Syndicated Content Aug 08, 2023
Burger King parent Restaurant Brands tops quarterly revenue estimates
(Reuters) -Restaurant Brands International topped market estimates for quarterly sales on Tuesday, driven by growing demand at its Burger King chain and steady traffic at Tim Hortons. While Burger Kin...
Syndicated Content Aug 08, 2023
Bosch, Infineon, NXP, TSMC to establish JV for German wafer fab
BERLIN (Reuters) - German technology group Robert Bosch said on Tuesday that it will establish a joint venture with TSMC, Infineon and NXP with the aim of building a wafer fab in Dresden, Germany, by ...
Syndicated Content Aug 08, 2023
South Korea’s Hyundai to launch more EVs in India
BENGALURU (Reuters) - South Korea's Hyundai Motor Group said on Tuesday it plans to launch more electric vehicles under the Hyundai and Kia brands in India, in a sign that it is bullish on the world's...
Syndicated Content Aug 08, 2023
Peoria, IL, USA
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