Hershey reports better-than-expected quarterly sales on strong demand
(Reuters) – Hershey Co beat market expectations for quarterly sales on Thursday, boosted by price hikes and steady demand for…
April 27, 2023
Southwest sees ‘solid’ Q2 profit, flags 20 fewer jet deliveries from Boeing
(Reuters) – Southwest Airlines Co said on Thursday it expects “solid profits” in the current quarter on strong summer bookings,…
Oil Prices Stabilise After Hefty Losses
By Rowena Edwards LONDON (Reuters) – Oil prices were steady on Thursday after a price drop the previous day reversed…
Cloud, not consoles, blocks Microsoft’s Activision view in UK
By Paul Sandle LONDON (Reuters) – For all the thunder about Xbox versus PlayStation, it was the nascent cloud market…
UK watchdog defends Microsoft block in face of onslaught from companies
LONDON (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard…
Samsung flags H2 recovery after $3.4 billion chip loss in Q1
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd flagged a gradual recovery for chips in the…
Exclusive-As Colombia moves to ban fracking, Exxon seeks to recover investment -sources
By Luis Jaime Acosta, Oliver Griffin and Sabrina Valle BOGOTA/HOUSTON (Reuters) – Exxon Mobil Corp is in talks with Colombia’s…
Solar, EV firms say Republicans’ debt limit a ‘stunt’ that could cost jobs
By Andy Sullivan and Valerie Volcovici WASHINGTON (Reuters) – Solar and EV companies are warning that a Republican plan to…
Singapore’s surprise property tax hike a ‘freezing measure’ for foreigners
By Chen Lin and Xinghui Kok SINGAPORE (Reuters) – Vera Liu, a Singapore property agent, was panicking in the wee…
Marketmind: Fresh spur from Meta and Europe’s banks
A look at the day ahead in U.S. and global markets from Mike Dolan The Big Tech earnings season is…