Kuehne + Nagel Results Ride Demand Wave Despite Stagnant Volumes
By Alexander Kloss and Ana CanteroRos (Reuters) -Swiss logistics group Kuehne + Nagel reported on Tuesday a 162% surge in…
April 29, 2022
Dollar Pause, China Economy Support Pledge Lift Markets
By Sujata Rao LONDON (Reuters) – A dollar pullback from 20-year highs and Chinese authorities’ pledge to support economic growth…
Factbox – Companies Count The Cost Of Ditching Russia
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on…
Russia Makes Last-gasp Dollar Bond Payments In Bid To Avoid Default
(Reuters) – Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made…
Exxon Earnings Hurt By Russia Exit, Triples Buybacks On High Oil Prices
By Sabrina Valle and Shariq Khan (Reuters) -Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but…
A key inflation gauge jumped 6.6% in March, most since 1982
WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year…
U.S. Consumer Spending Beats Forecasts In March; Inflation Soars
WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in March amid strong demand for services, while monthly inflation…
AbbVie Misses Quarterly Sales Estimates As Humira Rivals Bite
(Reuters) – AbbVie Inc missed Wall Street estimates for first-quarter sales on Friday, hurt by European competition for its blockbuster…
Exxon profits surge despite $3.4B hit from Russian exit
NEW YORK (AP) — Exxon Mobil reported $5.48 billion in profits during the first quarter as oil and gas prices…
Airbnb allows employees to live and work from anywhere
Airbnb will allow its employees to live and work almost anywhere around the world, fully embracing a remote work policy…