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Cost of living crisis? Europe’s consumers keep spending
By Richa Naidu and Susan Mathew LONDON (Reuters) - Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis, prompting several to upgrade sales forecast...
Syndicated Content Jul 27, 2022
Illumina offers patent licences to rivals, patent truce with BGI -sources
By Foo Yun Chee BRUSSELS (Reuters) - Illumina has offered rivals royalty-free global licences for some of its patents and a three-year patent truce with Chinese rival BGI in Europe in a bid to address...
Syndicated Content Jul 27, 2022
Boeing in ‘final stages’ of Dreamliner restart, keeps cash flow goal
(Reuters) -Boeing Co on Wednesday stuck to its goal of generating free cash flow this year and said it was in the "final stages" of preparing to restart 787 Dreamliner deliveries. Shares of the planem...
Syndicated Content Jul 27, 2022
Taiwan chipmaker UMC sees further growth for sector into 2023
By Sarah Wu TAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even as soaring inflation and recessio...
Syndicated Content Jul 27, 2022
Microsoft, Alphabet results spark rally in megacap stocks
By Medha Singh (Reuters) - A strong outlook from Microsoft Corp and resilient Google ads sales from Alphabet sparked a relief rally on Wednesday in heavyweight technology and growth shares that have p...
Syndicated Content Jul 27, 2022
German cabinet earmarks 25.4 billion eur for climate fund for 2023 – Lindner
BERLIN (Reuters) - The German cabinet has earmarked 25.4 billion euros ($25.8 billion) for expenditure in 2023 by a climate fund it approved last year to speed up the transition towards a green econom...
Syndicated Content Jul 27, 2022
Microsoft, Alphabet earnings lift futures ahead of Fed decision
(Reuters) - U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from technology giants Microsoft and Alphabet calmed investors ahead of a key U.S. interest rate decision...
Syndicated Content Jul 27, 2022
JP Morgan forecasts euro zone recession as gas crisis looms
LONDON (Reuters) - The euro zone's looming gas crisis and Italy's political troubles will push the bloc into a mild recession and limit European Central Bank interest rate hikes, JPMorgan forecast on ...
Syndicated Content Jul 27, 2022
General Dynamics profit rises on robust business jet demand
(Reuters) -Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.9% rise in second-quarter profit as demand for chartered flights remained strong, boosting the company's aerospace product...
Syndicated Content Jul 27, 2022
Shopify reports rise in quarterly revenue
(Reuters) - Canada's Shopify Inc on Wednesday reported a 16% rise in second-quarter revenue, as more small and mid-size businesses used the e-commerce giant's platform to set up stores online. Revenue...
Syndicated Content Jul 27, 2022
Peoria, IL, USA
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