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Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) - Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday's Purchasing Managers surveys, and yet European cyclical stocks are on a tear versus t...
Syndicated Content Jul 25, 2023
Florida Governor DeSantis involved in car accident, is uninjured -Fox
(Reuters) - Florida Governor Ron DeSantis was involved in a car accident in Tennessee on Tuesday, Fox News reported, citing his spokesperson. "This morning, the governor was in a car accident while tr...
Syndicated Content Jul 25, 2023
Amazon amends iRobot deal to lower offer price by 15%
(Reuters) - Amazon.com and iRobot have agreed to lower the price the e-commerce giant will pay for the maker of Roomba vacuum cleaners by nearly 15%, the companies said on Tuesday. Under the amended d...
Syndicated Content Jul 25, 2023
Investment firm Low Carbon secures $513 million for renewables projects
By Nina Chestney LONDON (Reuters) - British renewable energy investment firm Low Carbon said on Tuesday it had secured up to 400 million pounds ($513 million) of capital from life insurance company Ma...
Syndicated Content Jul 25, 2023
PACCAR beats quarterly estimates on strong demand for trucks
(Reuters) - PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and aftermarket parts. A strong freight market and a focus on bolstering logist...
Syndicated Content Jul 25, 2023
Albertsons beats profit, revenue expectations on strong demand for groceries
(Reuters) - Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly private label brands. Consu...
Syndicated Content Jul 25, 2023
IMF increasingly worried about ‘material’ impact of climate change on economies
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Tuesday called for better coordinated efforts to address the causes of climate change, warning extreme weather is posing mate...
Syndicated Content Jul 25, 2023
Dover misses second-quarter estimates as system upgrade disrupts operations
(Reuters) - Dover Corp on Tuesday forecast annual profit largely below Wall Street expectations and missed second-quarter estimates, as manufacturing and shipment disruptions due to a system upgrade h...
Syndicated Content Jul 25, 2023
UniCredit to post strong quarter as Russia draws scrutiny
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italian bank UniCredit is set to report sharply higher revenue on Wednesday from a year ago as it continues to benefit from higher interest rates -...
Syndicated Content Jul 25, 2023
IMF expects Japan’s economy to grow 1.4% this year on pent-up demand
TOKYO (Reuters) - Japan's economy is expected to expand 1.4% this year, faster than a 1.0% rise in 2022, as removal of pandemic curbs boost consumption, the International Monetary Fund (IMF) said on T...
Syndicated Content Jul 25, 2023
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