PepsiCo Revenue Surges On Higher Prices, Inflation Worries Loom
(Reuters) -PepsiCo Inc beat analysts’ estimates for quarterly revenue by more than $1 billion on Thursday, helped by higher prices…
February 10, 2022
L’Oreal Shares Slip As Marketing Spending Weighs On Margins
PARIS (Reuters) -Shares in the world’s largest cosmetics company L’Oreal dropped on Thursday as higher marketing spending put pressure on…
Credit Suisse posts $2.2B loss to end ‘challenging year’
GENEVA (AP) — Credit Suisse on Thursday reported a fourth-quarter loss of 2 billion Swiss francs ($2.2 billion) as the…
Germany’s Siemens sees profit up 20%, raises dividend
FRANKFURT, Germany (AP) — Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit…
Staff shortages, supply backups batter EU economic growth
BRUSSELS (AP) — The European Union is seeing its economic emergence from the unprecedented COVID-19 slowdown hampered by coronavirus-induced staff…
Google Breached Antitrust Law, Russia’s FAS Says
MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) on Thursday said Alphabet’s Google had breached antitrust law related to suspending…
Stock Recovery Takes A Breather Ahead Of U.S. Inflation Numbers
By Tommy Wilkes LONDON (Reuters) – The rebound in share prices took a pause on Thursday as investors geared up…
Diplomats meet in Moscow and Berlin as Russia holds drills
MOSCOW (AP) — Britain’s top diplomat urged Russia on Thursday to defuse tensions over Ukraine and take the path of…
AstraZeneca sees $4B in COVID vaccine sales as revenue soars
LONDON (AP) — AstraZeneca recorded a big jump in revenue on Thursday as it begins to take a profit from…
Oil Rises On Falling U.S. Stockpiles But Iran Talks Weigh
By Noah Browning LONDON (Reuters) -Oil prices rose on Thursday after rallying on an unexpected drop in U.S. crude inventories…