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General Dynamics profit rises 3% on strong demand for private jets
(Reuters) - Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.1% rise in first-quarter profit, as demand for private air travel during the COVID-19 pandemic remained high. Cautious pa...
Syndicated Content Apr 27, 2022
Kraft Heinz raises sales forecast on sustained packaged foods demand
(Reuters) - Kraft Heinz Co on Wednesday raised its forecast for annual organic sales growth, benefiting from higher product prices and sustained demand for its packaged meals and condiments. Packaged ...
Syndicated Content Apr 27, 2022
U.S. mortgage interest rates rise further, loan demand ebbs
(Reuters) - The average interest rate on the most popular U.S. home loan rose to its highest level since June 2009 last week and demand for mortgages ebbed as the impact of rising costs began to bite,...
Syndicated Content Apr 27, 2022
Iron man Elon Musk places his Tesla battery bets
By Hyunjoo Jin and Paul Lienert (Reuters) - As Tesla's profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. The U...
Syndicated Content Apr 27, 2022
Taiwan’s UMC offers bullish outlook on strong chip demand
TAIPEI (Reuters) - Taiwan chipmaker United Microelectronics Corp offered a bullish outlook for this year and next on Wednesday, saying it was still having problems meeting customer demand even as note...
Syndicated Content Apr 27, 2022
A ‘da Vinci of violins’ goes up for auction in France
PARIS (Reuters) - A near three-century-old instrument lauded as a Leonardo da Vinci of violins could fetch as much as 10 million euros ($10.6 million) when it is auctioned next month, the French house...
Syndicated Content Apr 27, 2022
Japan PM advisers urge improvement in current account as yen weakens
TOKYO (Reuters) - The advisers to Japanese Prime Minister Fumio Kishida's top panel urged the government on Wednesday to prevent the current account surplus from shrinking further so as to avoid affec...
Syndicated Content Apr 27, 2022
Bunge forecasts higher 2022 earnings as Ukraine crisis pressures crop supplies
(Reuters) - Bunge Ltd on Wednesday reported a higher quarterly adjusted profit and raised its full-year earnings forecast, as the global farm commodities merchant benefited from higher demand for esse...
Syndicated Content Apr 27, 2022
Russian internet group Yandex reports $110 million net loss in Q1
(Reuters) - Russian internet group Yandex on Wednesday reported an adjusted net loss of 8.1 billion roubles ($110 million) in the first quarter of this year, a week after withdrawing its 2022 financia...
Syndicated Content Apr 27, 2022
Benettons side with challenger Generali investors, aim to foster dialogue-source
MILAN (Reuters) - Italy's Benetton family, a leading shareholder in Generali, has decided to side with other key investors in the insurer who are pushing for a change at the helm, a source with direct...
Syndicated Content Apr 27, 2022
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