Category Archives:
Italy’s Leonardo sees jump in new orders, drop in debt in H1
ROME (Reuters) - Italy's state-controlled defence and aerospace group Leonardo on Friday reported a jump in new orders and falling debt in the first half of the year, as it confirmed its targets for 2...
Jul 28, 2023
Jose Cuervo maker maintains annual guidance, upbeat on coming months
MEXICO CITY (Reuters) - Mexican distiller Becle, the world's largest tequila producer, said on Friday that it maintained its guidance of annual sales in the high single digits on a constant currency b...
Jul 28, 2023
EU stress test shows three banks falling below capital requirements
By Huw Jones LONDON (Reuters) - Three banks from the European Union failed to meet binding capital requirements in a stress test that saw a theoretical 496 billion euros ($546 billion) wiped from thei...
Jul 28, 2023
U.S. railroads say heatwave to reignite coal shipments this year
By Ananta Agarwal (Reuters) - U.S. railroad operators expect heatwaves across the northern hemisphere to reignite coal shipments as people crank up the air conditioning to beat the heat. Grid operator...
Jul 28, 2023
Mexican peso hits 7-1/2 year high vs dollar
MEXICO CITY (Reuters) - Mexico's peso on Friday hit its highest level against the dollar since December 2015, as the greenback lost steam after U.S. data on easing inflation bolstered the case for the...
Jul 28, 2023
Shipping group CMA CGM braced for weaker profit before demand picks up in 2024
PARIS (Reuters) - French shipping group CMA CGM expects container freight demand to improve from next year but the group's profits will continue to ease this year as a slump in freight rates from reco...
Jul 28, 2023
IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that it has reached a staff-level agreement with Argentina to unlock about $7.5 billion and complete the fifth and sixth reviews o...
Jul 28, 2023
S&P 500 Q2 earnings now seen down 6.4% yr-over-yr; 7.9% decline seen wk ago-Refinitiv
NEW YORK (Reuters) - S&P 500 company aggregate earnings for the second quarter are now seen down 6.4% from the year-ago quarter, compared with a 7.9% decline forecast by analysts a week ago, according...
Jul 28, 2023
Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle (Reuters) - Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The University of Michigan's final index of...
Jul 28, 2023
US seeks to end 2020 Airbus criminal case over bribery, export controls
WASHINGTON (Reuters) - The Justice Department on Friday asked a U.S. judge to dismiss a 2020 criminal case against European planemaker Airbus after more than three years. A 2020 deferred prosecution a...
Jul 28, 2023
Peoria, IL, USA
45 °F Overcast
