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Billionaire Lo weighs adding to Formula One investments after Williams
By Carolyn Cohn and Selena Li LONDON/HONG KONG (Reuters) - Hong Kong-based billionaire Calvin Lo is considering putting more money into Formula One following his connection with F1 team Williams, Lo t...
Syndicated Content Aug 02, 2022
Voluntary liquidations hit record high in England and Wales
LONDON (Reuters) - The number of companies filing for voluntary liquidations in England and Wales hit a record high in the second quarter of this year as businesses struggled without the support avail...
Syndicated Content Aug 02, 2022
Semiconductor stocks under pressure as Taiwan tensions mount
(Reuters) - Semiconductor stocks fell globally on Tuesday as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan, which China claims as its territory, fueled a fresh esca...
Syndicated Content Aug 02, 2022
Futures fall as U.S.-China tensions grow
By Aniruddha Ghosh (Reuters) - U.S. stock index futures fell on Tuesday on concerns that a planned visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan could worsen tensions between t...
Syndicated Content Aug 02, 2022
TSX futures fall on recession concerns, U.S.-China tensions
(Reuters) - Futures for Canada's main stock index fell on Tuesday as oil and metal prices declined on recession fears, while U.S. House of Representatives Speaker Nancy Pelosi's expected visit to Taiw...
Syndicated Content Aug 02, 2022
Ferrari lifts full-year forecasts after strong Q2 results, record orders
MILAN (Reuters) -Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its o...
Syndicated Content Aug 02, 2022
Uber turns cash flow positive for the first time, shares surge
(Reuters) - Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its...
Syndicated Content Aug 02, 2022
Marathon Petroleum profit soars on strong fuel demand
(Reuters) - U.S. refiner Marathon Petroleum reported a jump in quarterly adjusted profit on Tuesday, riding on a surge in demand for fuel and refined products amid tight supplies. Adjusted income was ...
Syndicated Content Aug 02, 2022
Caterpillar adjusted profit rises on higher equipment prices
(Reuters) -Industrial bellwether Caterpillar Inc reported a bigger second-quarter adjusted profit on Tuesday, as higher equipment prices helped soften the blow from elevated freight and raw material c...
Syndicated Content Aug 02, 2022
Norway paint maker Jotun exits Russia
OSLO (Reuters) - Norwegian paint maker Jotun said on Tuesday it will exit Russia with immediate effect after selling its local assets in the country to industrial group Atomstroykomplex for an undiscl...
Syndicated Content Aug 02, 2022
Peoria, IL, USA
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