Category Archives:
Taco Bell parent Yum Brands beats quarterly same-store sales estimates
(Reuters) - Taco Bell parent Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, benefiting from price hikes and its value-oriented offerings at Taco Bell attracting...
Nov 02, 2022
Drillers ask U.S. to exempt smallest wells from looming methane rule
By Valerie Volcovici and Nichola Groom WASHINGTON (Reuters) - Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rul...
Nov 02, 2022
Health insurer Humana’s Q3 profit jumps 43% on slow elective-care rebound
(Reuters) - Humana Inc reported a near 43% rise in quarterly adjusted profit on Wednesday, as a slow rebound in elective procedures kept medical costs in check. The health insurer affirmed its annual ...
Nov 02, 2022
Apollo Global Q3 earnings rise 6% on direct lending bonanza
By Chibuike Oguh NEW YORK (Reuters) - Apollo Global Management Inc reported a 6% year-on-year increase in its third-quarter net income on Wednesday, as strong growth in fee revenue driven by direct le...
Nov 02, 2022
CVS Health raises annual profit forecast
(Reuters) - CVS Health Corp on Wednesday raised its full-year profit forecast, following strong performance at its health insurance and pharmacy benefit management businesses in the third quarter. The...
Nov 02, 2022
Domestic share buyers step in as foreign funds flee China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) - As foreign funds head for the exit, Chinese stock investors are snapping up beaten-down shares of mainland firms, betting outside views of...
Nov 02, 2022
IMF, Niger reach staff-level agreement on $51 million loan
NIAMEY (Reuters) - The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a second programme review that will allow for a disbursement of about $51 million if approved...
Nov 02, 2022
S&P downgrades Credit Suisse Group, Moody’s cuts some ratings
ZURICH (Reuters) - S&P Global Ratings has downgraded Credit Suisse Group's long-term issuer credit rating by one notch to BBB- and cut its view on main operating unit Credit Suisse AG and other core s...
Nov 02, 2022
China vows commitment to growth as pressure on economy mounts
HONG KONG/BEIJING (Reuters) - Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with reforms, in an apparent bid to soothe fears that ideology could ta...
Nov 02, 2022
Futures edge higher as investors await Fed decision
(Reuters) - U.S. stock index futures inched higher on Wednesday ahead of a widely expected interest rate hike from the Federal Reserve, with investors looking for signs the central bank could tone dow...
Nov 02, 2022
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