Business confidence slips further as Germany faces sluggish recovery
By Rachel More BERLIN (Reuters) -German business morale deteriorated in July for the third month in a row, a survey…
July 2023
GE HealthCare raises 2023 profit forecast as supply chain woes ease
(Reuters) – GE HealthCare Technologies Inc raised its annual profit forecast on Tuesday, after beating quarterly earnings estimates due to…
Unilever hoping for higher Europe ice cream sales but weather a worry
By Richa Naidu LONDON (Reuters) – Unilever, which makes Ben & Jerry’s and Magnum ice creams, said on Tuesday that…
Some Chinese steel mills ordered to cap output this year – sources
BEIJING (Reuters) – Several Chinese steel mills have received instructions to cap this year’s output at the same level as…
Moody’s beats revenue estimates on steady demand for analytics services
(Reuters) – Moody’s Corporation beat Wall Street estimates for second-quarter revenue on Tuesday, helped by steady demand from investors for…
Abandon, sell, keep? Unilever’s Russia conundrum
By Richa Naidu LONDON (Reuters) – Unilever, which has faced criticism for over a year for remaining in Russia, said…
Randstad flags tougher job market, earnings beat forecasts
By Olivier Sorgho (Reuters) -Randstad, the world’s biggest staffing firm, on Tuesday flagged weaker demand in a “challenging” jobs market,…
Safety first in China under new central bank governor
By Kevin Yao BEIJING (Reuters) – China’s new central bank governor Pan Gongsheng brings with him the reputation of a…
Domino’s India operator Jubilant’s Q1 profit falls 74% as costs bite
By Praveen Paramasivam CHENNAI (Reuters) -Jubilant FoodWorks reported a 74% fall in quarterly profit on Tuesday as the Indian franchisee…
PulteGroup results beat estimates on higher new home sales
(Reuters) – PulteGroup Inc beat Wall Street estimates for second-quarter profit and revenue on Tuesday, as strong demand for affordable…