Category Archives:
ECB strategy may mean temporary inflation overshoots: accounts
FRANKFURT (Reuters) - The European Central Bank's new strategy may force the bank to temporarily overshoot its 2% inflation target, the bank said in the accounts of the meeting, which approved the con...
Jul 29, 2021
From farm to face, Gaza women create cosmetics from local herbs
By Nidal al-Mughrabi GAZA (Reuters) - For years, Palestinian farmers have exported herbs to Europe where they have been turned into high-end cosmetics and beauty products. Now a team of Gaza women hav...
Jul 29, 2021
Credit Suisse CEO expects wrap-up of FINMA ‘Spygate’ query, Archegos just warming up
ZURICH (Reuters) - Credit Suisse expects Swiss watchdog FINMA's proceedings over the bank's 2019 spying scandal to wrap up soon, Chief Executive Thomas Gottstein said on Thursday, while its discussion...
Jul 29, 2021
T. Rowe Price CEO Stromberg to retire at year-end
(Reuters) - Investment management firm T. Rowe Price said on Thursday Chairman and Chief Executive Officer Bill Stromberg would retire on Dec. 31. Rob Sharps, the firm's president, will be the next CE...
Jul 29, 2021
LabCorp’s Q2 profit doubles as non-COVID testing rebounds
(Reuters) - Laboratory Corporation of America Holdings reported a 102% jump in quarterly profit on Thursday, driven by recovery in its non-COVID-19 testing business and strong demand for its drug deve...
Jul 29, 2021
Taco Bell parent Yum Brands beats comparable sales estimates
(Reuters) - Taco Bell parent Yum Brands Inc beat quarterly comparable sales estimates on Thursday, as it benefited from the reopening of the U.S. economy and steady online demand for its fried chicken...
Jul 29, 2021
Comcast’s quarterly revenue tops estimates on theme parks, advertising lift
By Eva Mathews and Helen Coster (Reuters) - Comcast Corp's second-quarter revenue beat Wall Street estimates on Thursday, as the media giant emerges from the pandemic, benefiting from higher ad sales ...
Jul 29, 2021
Revival of on-the-go snacking helps Hershey lift annual sales outlook
(Reuters) -Hershey Co raised its full-year sales outlook on Thursday as consumers bought more of its candies and chocolates at airports, movie theaters and other foodservice joints after the easing of...
Jul 29, 2021
Textron lifts 2021 profit forecast again on business jet strength
(Reuters) -Textron Inc on Thursday beat Wall Street estimates for quarterly revenue and raised its full-year adjusted profit forecast for the second time this year, as demand for its business jets reb...
Jul 29, 2021
Northrop raises full-year forecast on space unit strength
By Mike Stone (Reuters) - Defense contractor Northrop Grumman Corp raised its full-year forecast on Thursday on the back of continued strength in its space unit which makes satellites and missile syst...
Jul 29, 2021
Peoria, IL, USA
62 °F Overcast
