Labcorp cuts 2023 profit forecast after clinical development unit spin-off
By Mariam Sunny (Reuters) -Laboratory Corp of America Holdings cut its annual profit forecast on Thursday following the spin off…
July 27, 2023
New building starts nosedive in Germany in latest sign of property stress
By Tom Sims, John O’Donnell and Emma-Victoria Farr FRANKFURT (Reuters) – New construction plunged in Germany during the first half…
ECB debated raising banks’ mandatory reserves in inflation fight – sources
FRANKFURT (Reuters) – European Central Bank policymakers debated raising banks’ mandatory reserves to 2% from 1% of their deposits at…
Linde raises annual targets on higher earnings, but volumes ease
By Andrey Sychev and Bartosz Dabrowski (Reuters) -Linde, the world’s largest industrial gases company, on Thursday raised its full-year earnings…
China’s video game player population rises to a record at end-June
(Refiles to add dropped word in first paragraph) By Josh Ye HONG KONG (Reuters) -China’s video game player population has…
Mexico’s Cemex profit climbs modestly on price hikes, strong peso
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement maker Cemex on Thursday posted a slight rise in second-quarter net profit,…
Southwest Airlines warns of higher full-year costs, softer pricing
By Shivansh Tiwary (Reuters) -Southwest Airlines on Thursday warned of higher labor costs and softer pricing, fueling worries of a…
Colombia state airline Satena plans $80 million investment to grow fleet
By Luis Jaime Acosta BOGOTA (Reuters) – Colombia’s state-owned airline Satena will invest $80 million to expand and modernize its…
TotalEnergies defends price paid for German offshore wind lease
By America Hernandez PARIS (Reuters) – French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore…
McDonald’s revenue growth to moderate as menu prices ease
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -McDonald’s said on Thursday that revenue growth was expected to moderate in…