Category Archives:
Germany Inc offers brighter outlook as recovery gathers pace
By Christoph Steitz FRANKFURT (Reuters) - Some of Germany's best-known brands and industry bellwethers lifted their full-year sales and profit expectations on Thursday, citing a broad demand recovery ...
Syndicated Content Aug 05, 2021
Bombardier lifts forecast for business jet deliveries as demand rebounds
(Reuters) -Bombardier Inc raised its full-year estimates for both revenue and business jet deliveries on Thursday, as it benefits from a rebound in demand for private jets after the pandemic sapped sa...
Syndicated Content Aug 05, 2021
Cigna profit falls 16.4% on higher medical costs
(Reuters) -Health insurer Cigna Corp reported a 16.4% fall in second-quarter profit on Wednesday, hurt by higher medical costs, and said it expects a negative earnings impact from COVID-19 of about $2...
Syndicated Content Aug 05, 2021
Credit Agricole’s profit doubles even as investment banking lags
By Matthieu Protard PARIS (Reuters) - Credit Agricole reported a two-fold rise in quarterly profit on Thursday, as an improving economy prompted it to set aside less funds to cover bad loans, although...
Syndicated Content Aug 05, 2021
Special Report-How a little-known G7 task force unwittingly helps governments target critics
By Angus Berwick (Reuters) - In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislati...
Syndicated Content Aug 05, 2021
U.S. senators gird for CBO analysis of $1 trillion infrastructure bill
By Richard Cowan WASHINGTON (Reuters) - A $1 trillion bipartisan infrastructure bill on Thursday faces its biggest test of this week's U.S. Senate debate when the nonpartisan Congressional Budget Offi...
Syndicated Content Aug 05, 2021
China-U.S. container shipping rates sail past $20,000 to record
By Roslan Khasawneh and Muyu Xu SINGAPORE/BEIJING (Reuters) - Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders a...
Syndicated Content Aug 05, 2021
Oil producer Canadian Natural posts rise in quarterly profit
(Reuters) -Oil producer Canadian Natural Resources on Thursday posted a 21% rise in second-quarter profit on a sequential basis, buoyed by higher oil prices which rebounded from pandemic-driven lows. ...
Syndicated Content Aug 05, 2021
ByteDance to lay off staff, close businesses over China tutoring clampdown -sources
BEIJING (Reuters) - TikTok owner ByteDance told employees on Thursday that it planned to lay off teachers, sales and advertising employees in its education business after China imposed sweeping regula...
Syndicated Content Aug 05, 2021
Analysis-Drinks makers target high-end spirits for post-COVID growth
By Siddharth Cavale and Francesca Landini BENGALURU/MILAN (Reuters) - Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle an...
Syndicated Content Aug 05, 2021
Peoria, IL, USA
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