Category Archives:
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) - M&T Bank beat Wall Street estimates for third-quarter profit on Wednesday, as the Federal Reserve's rapid rate hikes allowed the lender to charge more on loans. The higher-for-longer inter...
Oct 18, 2023
Futures down on Middle East worries as earnings get into full swing
By Ankika Biswas and Shashwat Chauhan (Reuters) -Futures for Wall Street's main indexes dipped on Wednesday as growing tensions in the Middle East spurred demand for safe-haven assets, with investors ...
Oct 18, 2023
Suspect in Natalee Holloway case to plead guilty to extorting Holloway’s mother
(Reuters) - Joran van der Sloot, the Dutch man suspected in the 2005 disappearance of Alabama teenager Natalee Holloway, is expected to plead guilty on Wednesday to U.S. charges of extorting Holloway'...
Oct 18, 2023
P&G tops quarterly profit estimates on pricing boost, resilient demand
(Reuters) -Procter & Gamble's quarterly sales and profit topped market expectations on Wednesday, helped by steady demand for its personal care products and cleaning supplies as well as price hikes. P...
Oct 18, 2023
Citizens Financial’s profit drops 33% on interest income slump
(Reuters) - Citizens Financial Group's third-quarter profit fell 33% on Wednesday on a decline in the bank's income earned from charging customers interest on their loans. Analysts had been expecting ...
Oct 18, 2023
Nasdaq beats profit estimates on strong demand for investment products
(Reuters) - Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products. The company has been expandi...
Oct 18, 2023
Insurer Travelers profit falls 14% on elevated U.S. catastrophe losses
(Reuters) - Travelers Companies on Wednesday reported a 14% fall in quarterly profit, as severe wind and hail storms in parts of the United States drove up catastrophe losses for the insurer. Core inc...
Oct 18, 2023
Walmart-owned India’s PhonePe revenue soars 77% in FY23
BENGALURU (Reuters) - Walmart-owned PhonePe said on Wednesday its consolidated revenue for financial year 2023 surged 77%, as more customers used its platform to send and receive money in India's boom...
Oct 18, 2023
UK police charge climate activist Greta Thunberg after protest
LONDON (Reuters) - Climate activist Greta Thunberg was charged by British police on Wednesday following a protest involving her and others outside a hotel where an oil and gas conference was taking pl...
Oct 18, 2023
Starbucks launches smaller cup size in China as competition grows
By Sophie Yu and Brenda Goh BEIJING (Reuters) - U.S. coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in ...
Oct 18, 2023
Peoria, IL, USA
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