Category Archives:
Abbott raises 2022 profit forecast after strong COVID test demand
(Reuters) -Abbott Laboratories on Wednesday raised its annual earnings forecast as demand for its medical devices and diagnostics products helped cushion the impact of a shutdown of its baby formula p...
Jul 20, 2022
Indonesia energy firm Indika eyes $2 billion EV venture with Taiwan’s Foxconn
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesia's PT Indika Energy is considering jointly investing $2 billion with Taiwan-based Foxconn on electric vehicle (EV) manufacturing, batteries and energy...
Jul 20, 2022
Nasdaq profit drops 10% as expenses rise
(Reuters) - Nasdaq Inc posted a 10% drop in second-quarter profit on Wednesday hit by expenses, even as revenue saw an uptick as traders turned to investment-related products to beat market volatility...
Jul 20, 2022
Acting U.S. FAA chief says air carrier performance improving
FARNBOROUGH, England (Reuters) - The acting head of the Federal Aviation Administration (FAA) said on Wednesday that U.S. airlines' travel performance was improving after delays and cancellations have...
Jul 20, 2022
Biogen profit more than doubles on Samsung Bioepis stake sale
(Reuters) - Biogen Inc's second-quarter profit more than doubled on Wednesday, driven by a roughly $1.5-billion gain from the sale of its equity stake in the Samsung Bioepis Joint Venture. (Reporting ...
Jul 20, 2022
Merck’s Keytruda fails head and neck cancer trial
(Reuters) - Merck & Co Inc said on Wednesday its cancer therapy Keytruda failed to meet the main goal of a late-stage trial testing it in patients with head and neck cancer. The company said Keytruda,...
Jul 20, 2022
Baker Hughes adjusted profit rises 37% as oilfield services demand booms
(Reuters) - Baker Hughes Co on Wednesday reported a 37.34% rise in adjusted second-quarter profit from a year earlier, fueled by strong demand for its oilfield services from companies looking to raise...
Jul 20, 2022
Russia central bank proposes banning small investors from buying foreign shares
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Russia's central bank has proposed banning Russians with holdings wo...
Jul 20, 2022
Public demands action on Peoria’s violence reduction funding
PEORIA, Ill. — There’s been discussion for weeks on what Peoria will spend violence reduction funds on. Tuesday night, council spent several more hours discussing the process. Peoria City ...
Jul 20, 2022
Ukraine to seek debt payment freeze as war ravages economy
By Natalia Zinets and Marc Jones KYIV/LONDON (Reuters) - Ukraine will ask international bondholders to agree to a 2-year delay on its debt payments so it can focus its dwindling financial resources on...
Jul 20, 2022
Peoria, IL, USA
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