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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
US insurers invested in fossil fuels as climate risks to underwriting mount -report
By Isla Binnie NEW YORK (Reuters) - U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to th...
Syndicated Content Aug 08, 2023
Taiwan chipmaker TSMC approves $3.8 billion Germany factory plan
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European fact...
Syndicated Content Aug 08, 2023
Top Lazard restructuring banker Kurtz departs for Hilco
By Mike Spector NEW YORK (Reuters) - David Kurtz, Lazard Ltd's global head of restructuring, has agreed to join Hilco Global, the financial advisory firm that helps failing retailers liquidate told Re...
Syndicated Content Aug 08, 2023
US bank stocks drop after Moody’s downgrade
(Reuters) - Shares of U.S. banks fell in premarket trading on Tuesday after Moody's downgrade of 10 mid-sized lenders reignited investor concerns about challenges facing the banking industry. The rati...
Syndicated Content Aug 08, 2023
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an improved labor contract it offered workers, sending its shares down 6.6...
Syndicated Content Aug 08, 2023
Barrick beats quarterly profit estimates on higher gold prices
(Reuters) - Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. Average prices of gold du...
Syndicated Content Aug 08, 2023
Pickleball mania breathes new life into Arizona mall
By Liliana Salgado TEMPE, Arizona (Reuters) - The pickleball craze in the U.S. has reached new heights with the opening last weekend of the first "Picklemall," an indoor sports facility inside a mall ...
Syndicated Content Aug 08, 2023
Peoria, IL, USA
78 °F Partly cloudy
