CNN host Don Lemon says TV network fired him
By Kanishka Singh WASHINGTON (Reuters) -Cable television network CNN has fired longtime host Don Lemon, the news anchor said in…
April 27, 2023
Altria misses quarterly sales estimates on weak cigarette demand
(Reuters) – Altria Group Inc missed sales expectations for the first quarter on Thursday, as price-sensitive consumers switched to cheaper…
Caterpillar’s Profit Rises On Resilient Demand But May Have ‘peaked Out’
By Bianca Flowers and Aishwarya Nair (Reuters) – Heavy machinery maker Caterpillar Inc topped Wall Street expectations with a 31%…
Honeywell lifts annual profit outlook after quarterly results beat
(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly…
China regulator to help lower financing costs of small businesses
BEIJING (Reuters) – China’s banking and insurance regulator said it would enhance credit support and lower the actual financing costs…
Sri Lanka’s economy to shrink by 2% in 2023 – central bank
((This story has been corrected to add the word ‘contraction’ in the IMF estimate and change year to 2023, not…
DTE Energy beats profit estimates on lower costs, non-utility gains
(Reuters) – U.S. electric and gas utility firm DTE Energy Co beat estimates for first-quarter profit on Thursday, as lower…
Chinese EV giant BYD’s first-quarter profit jumps fivefold
BEIJING/SHANGHAI (Reuters) -Chinese electric vehicle giant BYD Co. posted a fivefold jump in its first-quarter profit on Thursday as the…
China brokerage CITIC posts 3.6% rise in Q1 profit
BEIJING/SHANGHAI (Reuters) – CITIC Securities Co, China’s biggest brokerage, reported a 3.6% rise in first-quarter profit on Thursday, thanks to…
Spain cuts 2024 budget deficit target to 3% of GDP
MADRID (Reuters) – The Spanish government intends to lower the budget deficit to the equivalent to 3% of gross domestic…