Category Archives:
SoftBank-backed Creditas reaches $4.8 billion valuation in new funding round
By Carolina Mandl SAO PAULO (Reuters) - SoftBank-backed financial technology firm Creditas, which operates a digital platform offering consumer loans, has reached a valuation of $4.8 billion in a new ...
Jan 25, 2022
Lockheed Martin’s Aerojet buy displeases antitrust regulator, company says
By Mike Stone WASHINGTON (Reuters) - The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust law, has informed Lockheed Martin that its planed purchase of Aeroje...
Jan 25, 2022
Lockheed Martin posts better-than-expected profit, reiterates 2022 sales outlook
By Mike Stone (Reuters) - U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday, helped by a strong performance at its ships and helicopters unit and ventur...
Jan 25, 2022
Futures fall ahead of Fed meeting, corporate earnings
(Reuters) - U.S. stock index futures fell on Tuesday following a turbulent start to the week, with investors keeping an eye out for the Federal Reserve meeting and a host of major earnings from compan...
Jan 25, 2022
LG Energy Solution, GM to build $2.1 billion battery factory in U.S
SEOUL (Reuters) - South Korea's LG Energy Solution (LGES) plans to spend $2.1 billion with General Motors to build a U.S. electric vehicle (EV) battery plant, parent firm LG Chem said on Tuesday. LGES...
Jan 25, 2022
U.S.-based Serbian HTEC Group raises $140 million for global expansion
SARAJEVO (Reuters) - Serbia-founded and U.S.-based IT services, consulting and software company HTEC Group said on Tuesday it has secured $140 million from investment firm Brighton Park Capital in a d...
Jan 25, 2022
ADM profit jumps 14%, raises dividend
(Reuters) -Global grain trader Archer-Daniels-Midland Co reported a fourth-quarter profit on Tuesday that rose nearly 14%, helped by strength at its carbohydrate solutions and nutrition units. The com...
Jan 25, 2022
Raytheon profit surges on higher air travel demand
(Reuters) -Raytheon Technologies Corp on Tuesday posted a five-fold rise in quarterly profit as a surge in air travel during the holiday season boosted demand for its aerospace products and services. ...
Jan 25, 2022
Verizon beats quarterly subscriber addition estimates, expects strong 2022
(Reuters) -Verizon Communications Inc said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator's rapid deployment of i...
Jan 25, 2022
AmEx profit beats expectations as card spending hits record levels
(Reuters) - American Express Co exceeded Wall Street estimates for fourth-quarter profit on Tuesday as spending on its credit cards jumped to record levels. The company has enjoyed a surge in transact...
Jan 25, 2022
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