Category Archives:
Lockheed Martin results beat estimates on higher defense demand
By Mike Stone and Shivansh Tiwary (Reuters) - U.S. weapons maker Lockheed Martin Corp's first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as simmering g...
Apr 18, 2023
Bank of America profit rises as it cashes in on higher interest rates
(Reuters) - Bank of America Corp's profit rose in the first quarter as it earned more from customers' interest payments while the Federal Reserve raised borrowing costs. The company's net income appli...
Apr 18, 2023
Thai central bank sees average headline inflation at 2.6% over next 12 months
BANGKOK (Reuters) - Thailand's central bank expects average headline inflation at 2.6% over the next 12 months, within its target range of 1% to 3%, the Bank of Thailand said in an open letter to the ...
Apr 18, 2023
Germany added 35% more electric car charge points in 2022, says BDEW
FRANKFURT (Reuters) - The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in the country, ...
Apr 18, 2023
Nissan aims for 80% of model line-up to be electrified by 2030 – exec
TOKYO (Reuters) - Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its line-up to be electrified by 2030 in China, chief operating officer Ashwani Gupta...
Apr 18, 2023
J&J raises annual profit forecast on cancer drug strength
(Reuters) - Johnson & Johnson on Tuesday raised its 2023 profit forecast, banking on its newer cancer treatments and multiple myeloma drug Darzalex to soften the blow from declining sales for some of ...
Apr 18, 2023
Business insolvency in England and Wales soars in March
LONDON (Reuters) - More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data on Tuesday that showe...
Apr 18, 2023
Merdeka Battery jumps on debut as Indonesia’s EV push draws investors
By Bernadette Christina, Fransiska Nangoy and Yantoultra Ngui JAKARTA/SINGAPORE (Reuters) -Merdeka Battery Materials surged 11.3% in its stock market debut on Tuesday, becoming the second Indonesian n...
Apr 18, 2023
UK regulator probes Amazon’s planned purchase of iRobot
(Reuters) - Britain's competition regulator said on Tuesday it has launched a "Phase 1" probe into Amazon.com Inc's planned $1.7 billion acquisition of iRobot Corp, which makes the Roomba vacuum clean...
Apr 18, 2023
European Parliament backs reform of EU carbon market
STRASBOURG (Reuters) - The European Parliament voted on Tuesday to approve sweeping reforms to the European Union's carbon market, which are expected to hike the cost of polluting in Europe in the com...
Apr 18, 2023
Peoria, IL, USA
70 °F Partly cloudy
