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Caterpillar reports improved 2Q earnings
DEERFIELD, Ill. – (Reuters) – Caterpillar Inc on Friday reported higher quarterly earnings as a recovery in global economic activity from pandemic lows drove up sales across all regions an...
Ed Hammond Jul 30, 2021
Nexi updates 2021 guidance after merger with Nets, Q2 revenue up 23%
MILAN (Reuters) - Italian payments group Nexi slightly raised its core profit margin goal for this year on Friday after its merger with rival Nets became effective on July 1, as transaction volume jum...
Syndicated Content Jul 30, 2021
L’Oreal CEO sees lasting US market growth
PARIS (Reuters) - Maybelline owner L'Oreal said on Friday the beauty company's performance in the United States would likely remain strong through to the end of the year, despite ongoing uncertainty r...
Syndicated Content Jul 30, 2021
Glum Amazon earnings drag Nasdaq futures down 1% ahead of inflation data
By Sagarika Jaisinghani (Reuters) - Nasdaq futures fell 1% on Friday after an underwhelming quarterly earnings report from Amazon.com, while investors looked to a key inflation report for cues on the ...
Syndicated Content Jul 30, 2021
Virus variant threatens to cool oil demand recovery: Reuters poll
By Eileen Soreng (Reuters) - Oil prices will trade near $70 per barrel for the rest of the year supported by the global economic recovery and a slower-than-expected return of Iranian supplies, with fu...
Syndicated Content Jul 30, 2021
P&G beats quarterly sales estimates, warns of cost pressures
(Reuters) -Procter & Gamble Co reported fourth-quarter sales on Friday that beat analysts' estimates, but warned that rising commodity and freight costs would take a $1.9 billion bite out of its earni...
Syndicated Content Jul 30, 2021
Lazard second-quarter profit rises 94%
(Reuters) - Lazard Ltd reported an over 94% rise in second-quarter profit on Friday as the investment bank's advisory business benefited from record dealmaking activity in capital markets. Net income,...
Syndicated Content Jul 30, 2021
Online retailer Boohoo to move to new auditing model for suppliers
(Reuters) - Online fashion retailer Boohoo said on Friday it would move all of its suppliers to a new auditing model over the next 12 months in its latest effort to address failings brought to light i...
Syndicated Content Jul 30, 2021
Monzo discloses money laundering probe, losses increase
By Iain Withers LONDON (Reuters) - British digital bank Monzo is facing a potential civil and criminal money laundering investigation by the Financial Conduct Authority (FCA), the lender disclosed in ...
Syndicated Content Jul 30, 2021
Michael Kors, Versace parent Capri beats revenue estimates
Michael Kors parent Capri Holdings Ltd beat Wall Street estimates for first-quarter revenue on Friday, as shoppers in China and the United States splurged on its high-end clothes and purses. Revenue r...
Syndicated Content Jul 30, 2021

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