(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from softer demand for its products and higher costs. Shares of the company fell about 2% in premarket trading. While the supply chain snags gradually ease, the Atlanta-based company is still…
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a 38% increase from the same period of 2021, predicting to end the year with a sales volume similar to or better than 2022’s 66 planes. “With the positive performance at…
TOKYO (Reuters) – Toyota Motor Corp affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000 small cars, most of which were sold under the Toyota brand, the companies said on Friday. They said the door trim on the affected vehicles had been modified with a “notch” to minimise…
By Alex Lawler LONDON (Reuters) – The U.S. crude oil being added to the global Brent benchmark will lack the list of cargoes scheduled to load that could help set the price, a change for an industry that is accustomed to using such programmes to assess supplies. Oil-index publisher S&P Global Platts is adding U.S….
By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) -Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record high as weaker financial services sales offset gains from gaming, music and movies. The Japanese company said it expects operating…
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels. Oil companies are riding a wave of strong demand and cost-cutting tied…
By Akash Sriram, Jeffrey Dastin and Arriana McLymore (Reuters) -Amazon.com Inc signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and clamped down on spending, overshadowing the company’s quarterly sales and profit that topped expectations. In extended trading, Amazon’s stock initially added about $125 billion in…
By Fabian Cambero SANTIAGO (Reuters) -While Chile’s plan to take control of its lithium industry has caused global shockwaves, state-led production of the metal used to make electric vehicle batteries is seen by analysts as likely years away given technical and political challenges. President Gabriel Boric last week said he would move to gradually nationalize…
(Reuters) – The U.S. Food and Drug Administration (FDA) has approved Pfizer Inc’s next-generation vaccine to prevent pneumococcal disease in children aged six weeks to 17 years, the company said late on Thursday. The vaccine, Prevnar 20, offers more protection against the disease versus the company’s widely-used Prevnar 13 vaccine, by targeting seven more serotypes…
(Reuters) – U.S. stock index futures dipped on Friday as Amazon’s warning about a slowdown in its cloud business and downbeat forecasts from Snap and Pinterest dented Wall Street sentiment after a rally in the previous session. Amazon.com Inc shares slipped 1.1% in premarket trading as the company signaled its cloud growth would slow further,…
