US new home sales soar to one-year high in March
WASHINGTON (Reuters) – Sales of new U.S. single-family homes jumped to a one-year high in March, likely as a retreat…
April 2023
Lower output, high costs to pressure Newmont, Barrick earnings
By Arunima Kumar (Reuters) – North American gold miners Newmont Corp and Barrick Gold Corp are expected to post lower…
Nestle beats quarterly sales estimates with price hikes
By Richa Naidu LONDON (Reuters) – Nestle reported slightly better-than-expected first-quarter sales on Tuesday, as the world’s biggest packaged food…
PepsiCo’s price hikes, steady demand add sparkle to annual forecast
By Ananya Mariam Rajesh (Reuters) – PepsiCo Inc raised its annual forecasts on Tuesday after price hikes undertaken to offset…
GE raises profit outlook even as economic risks mount
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -General Electric Co on Tuesday raised the low end of its…
US consumer confidence falls to 9-month low in April
(Reuters) – U.S. consumer confidence fell to a nine-month low in April led by a darkening outlook that augers a…
Factbox-Reaction to Biden’s 2024 re-election campaign launch
WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday formally launched his 2024 re-election bid, promising protection against right-wing extremists…
EU gives green light to revamp of Europe’s main climate policy
By Kate Abnett BRUSSELS (Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of…
GM lifts guidance, but cautions price gains won’t last
By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors Co on Tuesday lifted its full-year profit and cash flow…
US home prices rise in February – surveys
WASHINGTON (Reuters) – U.S. single-family home prices increased in February after seven straight monthly declines likely as a dip in…