Category Archives:
SPAC tied to Trump’s new social media deal extends rally
(Reuters) - Shares of the blank-check firm that plans to publicly list former U.S. President Donald Trump's new social media company soared again on Friday, as small-time investors talked up the stock...
Oct 22, 2021
Nasdaq futures edge lower after Intel’s margin warning
By Shreyashi Sanyal (Reuters) - Nasdaq futures edged lower on Friday after chipmaker Intel warned of lower profit margins, while Snap Inc led declines among social media firms after flagging a hit to ...
Oct 22, 2021
Vans sneakers maker VF misses quarterly sales estimates
(Reuters) - VF Corp reported quarterly revenue on Friday that missed analysts' estimates as the Vans owner grappled with global supply chain disruptions and factory shutdowns in Vietnam. Total revenue...
Oct 22, 2021
AmEx profit beats as pandemic curbs ease, aiding spending recovery
(Reuters) - American Express Co on Friday reported a higher profit that topped Wall Street estimates for the fourth straight quarter, underpinning a recovery in spending from consumers emboldened by a...
Oct 22, 2021
Schlumberger quarterly profit rises as oilfield services demand recovers
(Reuters) -Schlumberger NV reported a rise in third-quarter adjusted income on Friday, buoyed by higher demand for the company's oilfield services and related equipment from producers looking to capit...
Oct 22, 2021
Most OECD countries to end export credits for new coal plants
PARIS (Reuters) - Most OECD countries have agreed to stop providing export credits for coal-fired power plants, the Organisation for Economic Cooperation and Development said on Friday. The countries ...
Oct 22, 2021
Take Five: ECB, FAANG and China’s bond conundrum
(Reuters) - The week to come will give European Central Bank policy makers another chance to ponder just how sticky inflation really is, while U.S. earnings will be dominated by FAANG companies. In Ch...
Oct 22, 2021
Honeywell profit jumps on robust demand in aerospace unit
(Reuters) - Honeywell International Inc on Friday reported a 66% jump in quarterly profit, as a rise in commercial and business air traffic spurred demand for the U.S. aero parts maker's products and ...
Oct 22, 2021
Swedish rapper shot dead, stoking outrage over gang violence
STOCKHOLM (Reuters) - Einar, one of Sweden's most popular rappers, was shot dead in Stockholm late on Thursday, heightening outrage over gang-related violence that has afflicted the Nordic country in ...
Oct 22, 2021
Too little, too late? Evergrande’s tortuous restructuring, asset sales in focus after default averted
By Anshuman Daga and Scott Murdoch SINGAPORE/HONG KONG - Unless China Evergrande Group takes quick steps for an orderly restructuring of its debt pile and steps up asset sales, its last-minute bond in...
Oct 22, 2021
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