Category Archives:
China will speed up construction of charging facilities for EVs – state media
BEIJING (Reuters) - China will speed up the construction of charging facilities for new energy vehicles such as electric cars, and improve policies for purchasing and using them, state media quoted th...
May 05, 2023
AMC Entertainment beats estimates for quarterly revenue
(Reuters) -AMC Entertainment Holdings Inc beat Wall Street estimates for first-quarter revenue on Friday, as a string of hit films including the latest installment of Marvel's "Ant-Man" drove more mov...
May 05, 2023
CNH Industrial raises FY revenue guidance but cash flow negative in Q1
MILAN (Reuters) -Agricultural and construction machine maker CNH Industrial on Friday raised forecasts for its full-year revenue as operating profit topped expectations in the first quarter. The Itali...
May 05, 2023
Exchange operator Cboe profit rises as market volatility lifts trading volumes
(Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as the exchange operator's trading volumes swelled on heightened market fluctuations amid a banking crisis and rising ...
May 05, 2023
Global equity funds see biggest weekly outflow in five weeks
(Reuters) - Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a recession as investors were fretted about the likelihood of interest rates ...
May 05, 2023
Lyft irks Wall Street with margin sacrifice in race with Uber
By Aditya Soni (Reuters) - Lyft Inc shares tumbled 17% in premarket trading on Friday as the ride-hailing company's strategy to claw back market share from rival Uber with lower fares stoked concerns ...
May 05, 2023
Used-car retailer Carvana’s shares soar on upbeat second-quarter forecast
By Kannaki Deka (Reuters) - Shares of Carvana Co rose 33% before the bell on Friday after the online used-car retailer forecast a surprise core profit for the second quarter, offering some relief to i...
May 05, 2023
Warner Bros Discovery streaming business turns a profit
(Reuters) - Warner Bros Discovery Inc said on Friday its streaming business turned a profit in the first quarter, a milestone for a division that had been losing money in its bid to gain subscribers a...
May 05, 2023
Chinese courier giant SF aims to raise up to $3 billion in Hong Kong listing – sources
By Julie Zhu and Scott Murdoch HONG KONG/SYDNEY (Reuters) - China's largest express delivery company SF Holding Co Ltd plans to raise up to $3 billion in a second listing in Hong Kong as soon as later...
May 05, 2023
Italian bank Intesa raises profit target after beating forecasts
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy's biggest bank, raised its 2023 profit goal on Friday after first-quarter net income nearly doubled thanks to higher interest rates and shrinkin...
May 05, 2023
Peoria, IL, USA
83 °F Partly cloudy
