Philip Morris beats profit estimates as cost pressures ease amid steady demand
(Reuters) -Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let-up in soaring tobacco
2023-07-20 19:23
American Airlines raises 2023 profit forecast on travel boom
(Reuters) -American Airlines raised its annual forecast for adjusted profit on Thursday, powered by strong demand for domestic and international
2023-07-20 19:16
Blackstone's quarterly earnings slump 39% as asset sales plummet
By Chibuike Oguh NEW YORK Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing
2023-07-20 19:16
Newmont misses quarterly profit estimates on lower output
Gold miner Newmont missed Wall Street estimates for second-quarter profit on Thursday, hurt by lower production due to
2023-07-20 19:15
Infosys Cuts Sales Forecast as Companies Curtail IT Spending
Infosys Ltd. cut its annual sales forecast, signaling companies are delaying discretionary technology spending amid fears of an
2023-07-20 18:56
Ukraine’s Kernel May Need a Year to Fix Chornomorsk Port After Russian Attack
Kernel Holding SA, Ukraine’s largest sunflower oil producer, said it may need at least 12 months to restore
2023-07-20 18:50
Key UK Offshore Wind Project Axed in Blow to Climate Plans
Vattenfall AB will stop the development of an offshore wind project in the UK after costs surged, posing
2023-07-20 18:18
Abu Dhabi Edtech Firm Alef Education Considers an IPO
Alef Education, an Abu Dhabi-based edtech firm, is considering an initial public offering in the United Arab Emirates
2023-07-20 17:58
BYD, Li Auto Smash Foreign Rivals During Price War
China’s electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts
2023-07-20 17:58
Tesla, ABB, TSMC get Q2 earnings off to downbeat start
LONDON ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales
2023-07-20 17:56
GLP in Talks to Sell Some China Assets to State-Backed Firm
GLP Pte is in talks with state-owned China Logistics Group Ltd. about potentially selling some of its assets
2023-07-20 17:52
Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
By Corina Pons MADRID Zara owner Inditex said on Thursday it had reached an initial agreement to transfer
2023-07-20 17:46