Category Archives:
AB InBev sees return to pre-pandemic levels as beer sales surge
BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, restored second-quarter revenue to pre-pandemic levels and beat market expectations for profit as drinkers took advantage of ease...
Jul 29, 2021
Nestle raises full-year guidance after H1 organic sales grow 8.1%
ZURICH (Reuters) -Food giant Nestle raised its full-year organic growth guidance to 5-6% after strong demand for coffee lifted organic sales by a better-than-expected 8.1% in the first half of the yea...
Jul 29, 2021
STMicroelectronics revenue beats on chip demand from car, phone makers
STOCKHOLM (Reuters) -STMicroelectronics posted a better-than-expected second-quarter revenue on Thursday, as the Franco-Italian chipmaker benefited from strong demand for its chips used in smartphones...
Jul 29, 2021
Latest shift to tech leaves Cathie Wood’s ARKK in the cold
By David Randall NEW YORK (Reuters) - A rebound in growth stocks over the last month is doing little to bolster the performance of Cathie Wood's ARK Innovation ETF, which has lagged this year after ou...
Jul 29, 2021
Nokia lifts full-year forecast as turnaround takes root
HELSINKI (Reuters) -Telecom equipment maker Nokia reported a stronger-than-expected second-quarter operating profit on Thursday and raised its full-year outlook as promised, thanks to a turnaround of ...
Jul 29, 2021
Dominican merengue singing star Johnny Ventura dead at 81
SANTO DOMINGO (Reuters) - Legendary Dominican merengue singer Juan de Dios "Johnny" Ventura died on Wednesday, according to his family and officials in the Dominican Republic. He was 81. Ventura died ...
Jul 29, 2021
Analysis: As Fed tiptoes around tapering, investors look to Jackson Hole meeting for clarity
By David Randall and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors looking for clear guidelines on when the Federal Reserve will begin tapering its massive bond purchases were left waiting W...
Jul 29, 2021
Credit Suisse 78% Q2 net profit slide shows Archegos hit
ZURICH (Reuters) - Credit Suisse on Thursday posted a 78% fall in second-quarter net profit, as a steep drop in its investment banking revenues sharpened the blow from recent Archegos and Greensill sc...
Jul 29, 2021
Airbus raises forecasts after strong first half
PARIS (Reuters) -Europe's Airbus sharply raised its forecasts for full-year deliveries and earnings after reporting better-than-expected half-year results on Thursday. The world's largest planemaker a...
Jul 28, 2021
Airbus challenges Boeing cargo dominance with A350 freighter
PARIS (Reuters) -Airbus said its board had backed plans for a new freighter version of its A350 passenger jet as it seeks to break rival Boeing's dominance of the air cargo market. Chief Executive Gui...
Jul 28, 2021
Peoria, IL, USA
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