Category Archives:
Portugal’s airline TAP turns to rare profit as revenues soar
LISBON (Reuters) - Portuguese airline TAP posted a rare net profit in the third quarter on Wednesday on strong revenue and helped by currency hedging, but said visibility for next year remained low. T...
Nov 02, 2022
Paramount misses revenue estimates on ad weakness
(Reuters) - Paramount Global fell short of analysts' estimates for quarterly revenue on Wednesday, as the media and entertainment company struggled with the absence of major content releases and an ex...
Nov 02, 2022
Analysis-COP 27- Big finance’s hopes fade in climate of war
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) - Big business more than ever is under pressure to channel money into curbing climate change - and yet the chances of U.N. talks providing the n...
Nov 02, 2022
New York Times misses quarterly revenue estimates
(Reuters) - The New York Times Co missed analysts' estimates for quarterly revenue on Wednesday as brands cut back on ad spending against the backdrop of a looming recession. The company's total reven...
Nov 02, 2022
Taco Bell parent Yum Brands beats quarterly same-store sales estimates
(Reuters) - Taco Bell parent Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, benefiting from price hikes and its value-oriented offerings at Taco Bell attracting...
Nov 02, 2022
Drillers ask U.S. to exempt smallest wells from looming methane rule
By Valerie Volcovici and Nichola Groom WASHINGTON (Reuters) - Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rul...
Nov 02, 2022
Health insurer Humana’s Q3 profit jumps 43% on slow elective-care rebound
(Reuters) - Humana Inc reported a near 43% rise in quarterly adjusted profit on Wednesday, as a slow rebound in elective procedures kept medical costs in check. The health insurer affirmed its annual ...
Nov 02, 2022
Apollo Global Q3 earnings rise 6% on direct lending bonanza
By Chibuike Oguh NEW YORK (Reuters) - Apollo Global Management Inc reported a 6% year-on-year increase in its third-quarter net income on Wednesday, as strong growth in fee revenue driven by direct le...
Nov 02, 2022
CVS Health raises annual profit forecast
(Reuters) - CVS Health Corp on Wednesday raised its full-year profit forecast, following strong performance at its health insurance and pharmacy benefit management businesses in the third quarter. The...
Nov 02, 2022
Domestic share buyers step in as foreign funds flee China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) - As foreign funds head for the exit, Chinese stock investors are snapping up beaten-down shares of mainland firms, betting outside views of...
Nov 02, 2022
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