Category Archives:
Eli Lilly raises annual profit forecast on strength of diabetes drug
(Reuters) - Eli Lilly and Co raised its full-year profit forecast on Thursday, betting on the approval of its diabetes drug, tirzepatide, for the treatment of obesity expected later this year. The com...
Syndicated Content Apr 27, 2023
India’s Tech Mahindra Q4 profit drops 26% as clients cut spending
BENGALURU (Reuters) - India's Tech Mahindra reported a drop in fourth-quarter profit on Thursday as challenging macro-economic conditions prompted clients to tighten spending. Consolidated net profit ...
Syndicated Content Apr 27, 2023
Horse drawing Seville tourist carriage dies in during heatwave
MADRID (Reuters) - Police in Seville are investigating the death of a horse from apparent heatstroke as it pulled a carriage laden with tourists through the southern Spanish city during a record heatw...
Syndicated Content Apr 27, 2023
EU sets out patent rules for smart technology to limit law suits
By Philip Blenkinsop BRUSSELS (Reuters) - The European Commission proposed rules on Thursday to govern patents increasingly in demand for technologies used in smart devices such as drones, connected c...
Syndicated Content Apr 27, 2023
Vattenfall CEO sees offshore wind risks from rising costs, regulations
By Nora Buli OSLO (Reuters) - Supply chain issues, inflation and higher interest rates, as well as regulatory intervention could hamper offshore wind development, the head of Swedish utility Vattenfal...
Syndicated Content Apr 27, 2023
Valero kicks off US refiners’ earnings with quarterly profit beat
(Reuters) - Refiner Valero Energy Corp topped profit estimates on Thursday, as margins received a boost from sustained fuel demand and tight crude supplies. Refiners have been riding a wave of favorab...
Syndicated Content Apr 27, 2023
Mobileye lowers annual revenue forecast
(Reuters) - Mobileye Global Inc on Thursday lowered its forecast for annual revenue, hurt by increasing competition from start-ups as well as automakers developing their own driver-assistance products...
Syndicated Content Apr 27, 2023
India’s Wipro posts dip in Q4 profit
BENGALURU (Reuters) - Indian IT services provider Wipro Ltd on Thursday reported a dip in quarterly profit amid a turbulent macro-economic environment, while the company approved a share buyback. The ...
Syndicated Content Apr 27, 2023
Caterpillar’s Q1 profit rises on resilient demand, pricing
(Reuters) - Heavy machinery maker Caterpillar Inc on Thursday reported a rise in first-quarter profit as a boost in U.S. infrastructure spending kept its order books full and softened the hit from hig...
Syndicated Content Apr 27, 2023
Merck earnings better-than-expected on Keytruda, Gardasil strength
(Reuters) - Drugmaker Merck & Co on Thursday posted better-than-expected first-quarter results on the strength of its blockbuster cancer immunotherapy Keytruda and human papillomavirus (HPV) vaccine G...
Syndicated Content Apr 27, 2023
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