Comcast beats revenue estimates on boost from theme parks, studios
By Helen Coster and Samrhitha A NEW YORK (Reuters) -Comcast Corp beat estimates for quarterly revenue on Thursday, helped by…
July 2023
Building materials maker Holcim banking on U.S. reshoring boom
ZURICH (Reuters) -Holcim said on Thursday it expects to set another record for sales from North America this year as…
US Senator Menendez says he has not changed opposition to Turkey F-16 sale
By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senator Bob Menendez said on Wednesday he still had concerns about the sale…
Hershey sweetens annual profit forecast even as demand wavers
By Mehr Bedi (Reuters) -Hershey raised its full-year adjusted profit forecast on Thursday, bolstered by price increases for the Reese’s…
Mastercard beats profit estimates on spending boost
(Reuters) -Mastercard on Thursday reported a bigger-than-expected rise in second-quarter profit, boosted by resilient spending in a turbulent economy. Unfazed…
Instant view: ECB lifts interest rates to highest since 2000
(Reuters) – The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door…
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said U.S. authorities need to…
Mediobanca readies share buyback as CEO Nagel seeks new 3y term
By Gianluca Semeraro MILAN (Reuters) -Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200…
China’s Evergrande EV unit applies to resume trading on HK bourse
(Reuters) – China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock…
TikTok won’t launch cross-border e-commerce services in Indonesia amid concerns
By Stanley Widianto and Josh Ye JAKARTA/HONG KONG (Reuters) – TikTok said it has no plans to roll out a…