Category Archives:
Japan’s SMFG boosts U.S. presence via bigger stake in Jefferies
(Reuters) - Japan's Sumitomo Mitsui Banking Corp (SMBC) said it will combine its U.S. equity and M&A business with Jefferies Financial Group Inc as part of a deal in which its parent, Sumitomo Mitsui ...
Apr 27, 2023
Mastercard profit falls on higher personnel expenses
(Reuters) - Card company Mastercard Inc reported a fall in first-quarter profit on Thursday, as higher personnel costs overshadowed a surge in customer transaction volumes. Financial firms have been r...
Apr 27, 2023
China brokerage CITIC posts 3.6% rise in Q1 profit
BEIJING/SHANGHAI (Reuters) - CITIC Securities Co, China's biggest brokerage, reported a 3.6% rise in first-quarter profit on Thursday, thanks to stronger investment returns as the economy recovers. Ne...
Apr 27, 2023
UK sets out tougher gambling rules for smartphone era
By Kylie MacLellan and Muvija M LONDON (Reuters) -The British government has announced long-awaited proposals to crack down on problem gambling, aiming to bring regulations up to date with the rise in...
Apr 27, 2023
Spain cuts 2024 budget deficit target to 3% of GDP
MADRID (Reuters) - The Spanish government intends to lower the budget deficit to the equivalent to 3% of gross domestic product in 2024 from 3.9% projected for this year, Budget Minister Maria Jesus M...
Apr 27, 2023
Chinese EV giant BYD’s first-quarter profit jumps fivefold
BEIJING/SHANGHAI (Reuters) -Chinese electric vehicle giant BYD Co. posted a fivefold jump in its first-quarter profit on Thursday as the company consolidated its leadership in the domestic market. Net...
Apr 27, 2023
AbbVie misses sales estimates for some drugs, shares tumble
(Reuters) -AbbVie Inc on Thursday missed quarterly revenue estimates for some of its major drugs, overshadowing an increased annual profit forecast and driving shares down 5% in premarket trade. The c...
Apr 27, 2023
Hertz profit falls on higher vehicle maintenance costs
(Reuters) -Hertz Global Holdings Inc on Thursday posted a near 54% drop in its first-quarter profit as the rental car firm spent more on vehicle maintenance. While demand for rental cars remains stron...
Apr 27, 2023
Indonesia’s GoTo reports narrower Q1 loss, expects core profit in Q4
JAKARTA (Reuters) - Indonesia's biggest tech company PT GoTo Gojek Tokopedia Tbk reported a narrower quarterly loss on Thursday and said it expected to swing to a core profit in the fourth quarter, as...
Apr 27, 2023
Textron’s profit rises on stronger pricing of business jets
(Reuters) - Textron Inc beat estimates for first-quarter profit on Thursday, as higher sales of pricier business jets in Aviation segment helped offset the lower military helicopter revenues in Bell u...
Apr 27, 2023
Peoria, IL, USA
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