Category Archives:
Refiner Phillips 66 beats quarterly profit
(Reuters) - U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit on Wednesday, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies...
May 03, 2023
Estee Lauder sees bigger drop in annual sales, profit on slow China recovery
(Reuters) - Estee Lauder Cos Inc forecast a bigger drop in full-year sales and profit on Wednesday, hurt by a slow recovery in major market China and reduced inventory levels by retailers in the Unite...
May 03, 2023
Kosovo solar farm goes even greener, using sheep to mow the grass
By Fatos Bytyci ROGANE, Kosovo (Reuters) - When workers at a solar energy farm in Kosovo got tired of wasting their own energy cutting the grass around their solar panels, they turned to a greener and...
May 03, 2023
Dollar to remain resilient in coming months despite narrowing rate gap – Reuters poll
By Shaloo Shrivastava and Indradip Ghosh BENGALURU (Reuters) - The U.S. dollar will remain resilient against most major currencies over the coming months despite expectations of narrowing interest rat...
May 03, 2023
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers industry-wide ...
May 03, 2023
Chinese data provider tightens some information access for offshore users-sources
HONG KONG (Reuters) - Chinese financial data provider Wind Information Co has blocked some offshore users from accessing certain business and economic data, people with knowledge of the matter said, f...
May 03, 2023
Sweden’s parliament hit by cyber attack
STOCKHOLM (Reuters) - Sweden's parliament has been hit by a cyber attack that has disrupted access to its web page, it said on Wednesday. The web page was partially down on Tuesday and appeared slow o...
May 03, 2023
CVS Health cuts annual profit forecast on acquisition costs
(Reuters) -CVS Health Corp cut its full-year profit forecast on Wednesday, due to the impact from costs related to its acquisitions of Signify Health and Oak Street Health. CVS, like other healthcare ...
May 03, 2023
Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources
By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering (IPO) for Nexus Malls, betting that the Indi...
May 03, 2023
Bunge beats quarterly profit estimates on strong food, biofuels demand
(Reuters) - Agricultural commodities trader Bunge Ltd beat Wall Street estimates for first-quarter profit on Wednesday, helped by strong crush margins and high demand for food, feed and biofuels. The ...
May 03, 2023
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