Category Archives:
Insurer Chubb beats quarterly profit estimates on strong investment returns
(Reuters) - Insurance company Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a hit from catastrophe-related claims. Investment income, which had ...
Syndicated Content Jul 25, 2023
South Korea consumer sentiment climbs for fifth month
SEOUL (Reuters) - South Korean consumers' sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a decline, a central bank survey showe...
Syndicated Content Jul 25, 2023
Singapore’s GIC bets on China after scoring 8-year-high returns
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) - Singapore sovereign wealth fund GIC, one of the world's biggest investors, plans to continue investing in China despite geo-political tensions ...
Syndicated Content Jul 25, 2023
NASA chief offers Brazil satellite imaging to help stop Amazon deforestation
BRASILIA (Reuters) - NASA Administrator Bill Nelson visited Brazilian space research center INPE on Wednesday and proposed extending satellite partnerships with the United States to help monitor and p...
Syndicated Content Jul 25, 2023
US senators express bipartisan alarm about AI, focusing on biological attack
WASHINGTON (Reuters) - Both Democratic and Republican senators expressed alarm on Tuesday about the potential for a malevolent use of artificial intelligence, focusing on the possibility of AI being u...
Syndicated Content Jul 25, 2023
Mexican breadmaker Bimbo profit slips 30% after year-ago pension bump
MEXICO CITY (Reuters) - Mexican breadmaker Grupo Bimbo posted a nearly 30% dip in second-quarter net profit on Tuesday after the company registered a non-cash benefit on its pension plan in the year-a...
Syndicated Content Jul 25, 2023
Walmart teams up with Expedia on travel perks
By Doyinsola Oladipo NEW YORK (Reuters) - Retail giant Walmart on Tuesday said it is teaming up with online travel agency Expedia Group to offer its subscription service members travel benefits for th...
Syndicated Content Jul 25, 2023
Intel, Ericsson to work together on custom 5G chip
By Stephen Nellis (Reuters) - Intel Corp on Tuesday said that it will work with Swedish telecommunications gear maker Ericsson to make a custom chip for Ericsson's 5G networking gear, using the most a...
Syndicated Content Jul 25, 2023
Snap beats revenue and user estimates, offers softer Q3 outlook
By Sheila Dang (Reuters) - Photo messaging app-owner Snap Inc on Tuesday beat Wall Street targets for quarterly revenue and user growth, but gave weaker third quarter guidance than analysts had expect...
Syndicated Content Jul 25, 2023
Visa posts higher quarterly profit on spending boost
(Reuters) -Payments processor Visa reported a jump in third-quarter profit on Tuesday, helped by resilient consumer spending despite tough economic conditions this year. Excluding one-time costs, it p...
Syndicated Content Jul 25, 2023
Peoria, IL, USA
42 °F Overcast
