Pizza Hut Parent Yum Misses Earnings Estimates As Costs Slice Profit
(Reuters) -Yum Brands Inc missed quarterly earnings estimates on Wednesday as increased costs of ingredients, labor and packaging material took…
August 3, 2022
Stocks Stabilise As Investors Weigh Taiwan And Fed Risks
By Danilo Masoni MILAN (Reuters) – World stocks stabilised on Wednesday as markets weighed risks from U.S. House Speaker Nancy…
Inflation in Turkey rises to nearly 80%, hitting consumers
ISTANBUL (AP) — Annual inflation in Turkey soared to nearly 80% in July, official data showed Wednesday, with skyrocketing food,…
Growing prescriptions help push CVS past Q2 expectations
CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims and COVID-19 test kits sales countered…
Inflation weighs on back-to-school buying for many families
NEW YORK (AP) — To understand the impact of surging inflation on this year’s back-to-school spending, look no further than…
Siemens Supervisory Board Employee Reps Against Further Splitting-up
BERLIN (Reuters) – Siemens’ new supervisory board is committed to doing away with the portfolio policy of the past, said…
Nintendo’s profit rises despite shortages of computer chips
TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for its…
German leader says gas pipeline part is ready for Russia
BERLIN (AP) — German Chancellor Olaf Scholz inspected a mechanical turbine at the center of a natural gas dispute and…
OPEC+ boosts oil output by slower pace than previous months
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than…
Exclusive: Germany’s Gas Levy Cannot Be Implemented As Planned, Say Sources
By Markus Wacket BERLIN (Reuters) – The German government will have to amend its energy security law again in September…