Category Archives:
Halloween chocolate rush sweetens Hershey’s 2021 outlook
(Reuters) -Hershey Co raised its annual net sales and adjusted earnings forecast on Thursday, helped by strong demand for its products such as Reese's Peanut Butter Cups and KitKat chocolates for the ...
Oct 28, 2021
Volvo Cars hopes downsized IPO can rev up investors’ electric dreams
By Abhinav Ramnarayan and Helena Soderpalm STOCKHOLM (Reuters) - Volvo Cars is hoping investors will buy into its long-term electric vehicle strategy and see past supply chain worries and questions ab...
Oct 28, 2021
Northrop posts rise in profit on strong demand in space unit; raises forecast
(Reuters) - Northrop Grumman Corp on Thursday posted an 8% rise in quarterly profit, driven by strong demand in its fast-growing space unit, prompting the U.S. defense contractor to raise its full-yea...
Oct 28, 2021
Global supply constraints deal heavy blow to Japanese firms
TOKYO (Reuters) - A global parts and chip shortage is taking a heavy toll on Japanese firms with seven out of eight automakers seeing global output drop in September, casting doubt over the central ba...
Oct 28, 2021
Climate set to dominate G20 summit ahead of U.N. conference
By Crispian Balmer ROME (Reuters) - If high-stakes climate talks are to succeed next month in Glasgow, the initial signs of progress may emerge this weekend when leaders of the world's 20 biggest econ...
Oct 28, 2021
UniCredit CEO says MPS window closed for now, ‘timing is everything’
MILAN (Reuters) - A window of opportunity for UniCredit to quickly clinch a deal for state-owned Monte dei Paschi (MPS) and implement on a bigger scale measures it is studying for its own branch netwo...
Oct 28, 2021
Merck raises full-year profit target after cancer drug sales help Q3 beat
(Reuters) -Merck & Co Inc raised its full-year adjusted profit forecast on Thursday, after strong demand for its blockbuster cancer drug Keytruda and recovery in sales of its non-COVID-19 vaccines hel...
Oct 28, 2021
Caterpillar adjusted profit rises on higher equipment sales
-Caterpillar Inc's third-quarter adjusted profit rose on Thursday, as construction demand and higher commodity prices boosted sales of heavy equipment across its businesses. The company, an industrial...
Oct 28, 2021
Biden to announce Democratic agreement on social spending plan -WaPo
(Reuters) - U.S. President Joe Biden plans to announce on Thursday that Democrats have agreed on a revised framework for his social spending plan that he expects will gain the support of all Democrats...
Oct 28, 2021
Chipmaker AT&S expects shortages to last another 12 months
KUALA LUMPUR (Reuters) - Austria-based chipmaker AT&S sees the global chip shortage taking at least another year to stabilise and for production capacities to cover demand, its chief executive said on...
Oct 28, 2021
Peoria, IL, USA
43 °F Overcast
