Category Archives:
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 ...
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...
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...
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,...
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...
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 ...
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...
Jul 30, 2021
Caterpillar adjusted profit rises as economic growth drives demand
(Reuters) -Caterpillar Inc on Friday reported a rise in second-quarter adjusted profit, as a recovery in global economic activity from pandemic lows fueled demand for its heavy machinery and construct...
Jul 30, 2021
Burger King parent Restaurant Brands revenue beats estimates
(Reuters) - Burger King parent Restaurant Brands International Inc beat estimates for quarterly revenue on Friday, as more customers ate out after COVID-19 restrictions in Canada and the United States...
Jul 30, 2021
Motor racing-Netflix to stream Schumacher documentary from Sept. 15
(Reuters) - Netflix will air a documentary series on Formula One great Michael Schumacher from Sept. 15, the online streaming platform said on Friday. Approved by his family, "Schumacher" features int...
Jul 30, 2021
Peoria, IL, USA
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