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Bombardier reports smaller loss on steady demand for business jets
(Reuters) - Business jet maker Bombardier Inc on Thursday reported a smaller second-quarter loss, helped by steady demand from wealthy travelers and lower interest expenses. Bombardier now expects 202...
Syndicated Content Aug 04, 2022
Eli Lilly quarterly profit falls 31% on diabetes drug weakness
(Reuters) - Eli Lilly and Co reported a 31% fall in quarterly profit on Thursday, hurt by lower prices of diabetes drug Humalog and Insulin Lispro injection. The company's net income fell to $952.5 mi...
Syndicated Content Aug 04, 2022
Retail investors perceive stocks, bonds to be more arcane than crypto – survey
By Medha Singh (Reuters) - Retail investors find well-established stocks and bond markets to be more arcane than the wild world of cryptocurrencies, a survey by the World Economic Forum (WEF) showed o...
Syndicated Content Aug 04, 2022
Warner Bros Discovery expected to unveil new streaming strategy
By Dawn Chmielewski (Reuters) - Warner Bros Discovery Inc is expected to discuss the new streaming strategy for the merged company on Thursday when it reports second-quarter earnings, four sources fam...
Syndicated Content Aug 04, 2022
Health insurer Cigna raises forecast after strong second quarter
(Reuters) - Cigna Corp on Thursday raised its annual profit forecast for a second straight quarter, as a slower-than-expected recovery in non-urgent medical procedures helps it rein in costs while dem...
Syndicated Content Aug 04, 2022
Exclusive-Tencent plans to raise stake in ‘Assassin’s Creed’ maker Ubisoft – sources
By Julie Zhu and Selena Li HONG KONG (Reuters) - Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gami...
Syndicated Content Aug 04, 2022
U.S. banker bonuses set to slide while traders benefit -study
By Lananh Nguyen NEW YORK (Reuters) - Bonuses for Wall Street bankers are projected to plunge as much as 45% this year as business dries up. Payouts for investment bankers who underwrite deals will pr...
Syndicated Content Aug 04, 2022
Analysis-Hong Kong’s cheap funding window shrinks as banks feel cash tighten
SHANGHAI/HONG KONG (Reuters) - Investors who have exploited Hong Kong's cheap interest rates all year to fund other trades globally are finding that the window is closing as local cash conditions tigh...
Syndicated Content Aug 04, 2022
One and done? Some Democrats say Biden should not seek second term
By Richard Cowan WASHINGTON (Reuters) - A few Democrats in the U.S. Congress have begun to voice what many have mulled privately: whether President Joe Biden, the oldest person to ever occupy the Oval...
Syndicated Content Aug 04, 2022
Exporters cut year-end targets in blow to Turkish government plans
By Ceyda Caglayan ISTANBUL (Reuters) - Turkish exporters are revising down year-end targets in a move that could derail the government's economic plans as new orders drop amid signs of a global slowdo...
Syndicated Content Aug 04, 2022
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