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Microsoft, Alphabet results spark rally in megacap stocks
By Medha Singh (Reuters) - A strong outlook from Microsoft Corp and resilient Google ads sales from Alphabet sparked a relief rally on Wednesday in heavyweight technology and growth shares that have p...
Syndicated Content Jul 27, 2022
German cabinet earmarks 25.4 billion eur for climate fund for 2023 – Lindner
BERLIN (Reuters) - The German cabinet has earmarked 25.4 billion euros ($25.8 billion) for expenditure in 2023 by a climate fund it approved last year to speed up the transition towards a green econom...
Syndicated Content Jul 27, 2022
Microsoft, Alphabet earnings lift futures ahead of Fed decision
(Reuters) - U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from technology giants Microsoft and Alphabet calmed investors ahead of a key U.S. interest rate decision...
Syndicated Content Jul 27, 2022
JP Morgan forecasts euro zone recession as gas crisis looms
LONDON (Reuters) - The euro zone's looming gas crisis and Italy's political troubles will push the bloc into a mild recession and limit European Central Bank interest rate hikes, JPMorgan forecast on ...
Syndicated Content Jul 27, 2022
General Dynamics profit rises on robust business jet demand
(Reuters) -Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.9% rise in second-quarter profit as demand for chartered flights remained strong, boosting the company's aerospace product...
Syndicated Content Jul 27, 2022
Shopify reports rise in quarterly revenue
(Reuters) - Canada's Shopify Inc on Wednesday reported a 16% rise in second-quarter revenue, as more small and mid-size businesses used the e-commerce giant's platform to set up stores online. Revenue...
Syndicated Content Jul 27, 2022
Kraft Heinz raises annual sales forecast on resilient demand, higher prices
(Reuters) - Kraft Heinz Co raised its forecast for annual organic sales growth on Wednesday, benefiting from higher product prices and resilient demand for its packaged meals and condiments. U.S. pack...
Syndicated Content Jul 27, 2022
Exchange operator CME’s quarterly profit rises on hedging demand
(Reuters) - Futures exchange operator CME Group Inc reported a near 22% rise in quarterly adjusted profit on Wednesday, benefiting from higher clearing fees as fears of a looming recession forced inve...
Syndicated Content Jul 27, 2022
Shakira refuses to settle with Spanish prosecutor to end tax fraud case
MADRID (Reuters) - Latin American superstar Shakira has rejected a settlement offered by the prosecutor in her 14.5 million euro Spanish tax fraud case and is now a step closer to going to trial, her ...
Syndicated Content Jul 27, 2022
T-Mobile’s cheaper plans help raise forecast for subscriber growth
(Reuters) - T-Mobile US Inc on Wednesday raised its subscriber growth forecast for the second time this year as the wireless carrier's relatively cheaper plans lured customers reeling from decades-hig...
Syndicated Content Jul 27, 2022
Peoria, IL, USA
61 °F Partly cloudy
