Category Archives:
Kraft Heinz beats sales estimates on strong demand for snacks, packaged meals
(Reuters) -Kraft Heinz Co beat market estimates for quarterly net sales on Wednesday as demand for snacks and packaged meals remained strong even as Americans started venturing out following the easin...
Syndicated Content Aug 04, 2021
Zapp Scooters poised to enter crowded electric motorbike segment
By Paul Lienert (Reuters) - British-based Zapp Scooters plans to begin selling its new i300 electric two-wheeler this fall in Europe and early next year in the United States, the company said on Wedne...
Syndicated Content Aug 04, 2021
New York Times beats quarterly revenue estimates
(Reuters) -The New York Times Co reported better-than-expected quarterly revenue on Wednesday, driven by strong advertising demand and a rise in digital subscriptions. The Times has grown its digital ...
Syndicated Content Aug 04, 2021
Mortgage rates fall below 3% for first time since February – MBA
By Evan Sully (Reuters) - The 30-year U.S. mortgage rate fell below 3% last week for the first time since February as interest rates globally drifted lower. The Mortgage Bankers Association (MBA) said...
Syndicated Content Aug 04, 2021
Myanmar limits foreign hires in banks in troubled financial sector
By Shoon Naing BANGKOK (Reuters) - Myanmar is limiting the number of foreign staff allowed to work in domestic banks, a move that industry sources warn could further impede financial development in a ...
Syndicated Content Aug 04, 2021
Marathon Petroleum posts first adjusted profit since pandemic on fuel demand
(Reuters) -U.S. oil refiner Marathon Petroleum Corp on Wednesday posted its first adjusted quarterly profit since the pandemic, boosted by a rebound in fuel demand. While refiners have ramped up crude...
Syndicated Content Aug 04, 2021
CVS Health profit falls 6.5% on higher medical costs
(Reuters) - CVS Health Corp reported a 6.5% fall in quarterly profit on Wednesday, hit by higher costs at its health insurance unit as demand for non-COVID healthcare services normalized. Net income a...
Syndicated Content Aug 04, 2021
Factbox-China’s key commodities targeted by Beijing’s recent measures
By Shivani Singh and Min Zhang BEIJING (Reuters) - As a key producer, importer and consumer of most of the world's major commodities, China is uniquely sensitive to sharp price rises or supply disrupt...
Syndicated Content Aug 04, 2021
Huawei CFO’s U.S. extradition case begins final weeks of hearings in Canadian court
By Moira Warburton VANCOUVER (Reuters) - Huawei Chief Financial Officer Meng Wanzhou is returning to a Canadian courtroom on Wednesday for the final weeks of her U.S. extradition hearings, as the lega...
Syndicated Content Aug 04, 2021
Australian regulator sues Mercedes for downplaying Takata air bag risks
(Corrects to say 4 mln airbags were identified for recall from 2018 onwards, not recalled, in paragraph 2) (Reuters) - Australia's consumer watchdog filed a court case on Wednesday against Mercedes-Be...
Syndicated Content Aug 04, 2021
Peoria, IL, USA
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