Kellogg boosts annual profit outlook on higher prices
By Aatrayee Chatterjee and Mehr Bedi (Reuters) -Kellogg Co on Thursday forecast a smaller drop in annual profit than it…
August 3, 2023
US factory orders jump in June on transportation equipment demand
WASHINGTON (Reuters) – New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other…
Refiners HF Sinclair, PBF profits tumble as lower fuel prices hit margins
By Arunima Kumar (Reuters) -HF Sinclair and PBF Energy on Thursday joined bigger refiners in reporting a fall in second-quarter…
South Korea to send more medics to global scout event for heatwave
By Soo-hyang Choi and Hyunsu Yim SEOUL (Reuters) -South Korea is sending dozens of military doctors and nurses to help…
Hasbro to sell film and TV unit, cuts forecast on Hollywood strike hit
By Savyata Mishra (Reuters) -Hasbro lowered its annual revenue forecast as it expects a hit from the ongoing strike by…
US services sector slows in July while prices pick up, ISM survey shows
WASHINGTON (Reuters) – The U.S. services sector slowed in July, but businesses faced higher prices for inputs as demand continued…
Canada Goose sees weak Q2 as choppy U.S. demand douses China rebound
By Deborah Mary Sophia (Reuters) -Canada Goose Holdings forecast current-quarter sales below Wall Street estimates on Thursday due to choppy…
Big central banks hike again with end of tightening in sight
LONDON (Reuters) – Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally…
Top Israeli court weighs in on Netanyahu’s judicial overhaul
By Maayan Lubell JERUSALEM (Reuters) -Israel’s Supreme Court began hearing on Thursday the first in a series of appeals linked…
PayPal stock drops as weak margins fan growth fears
(Reuters) -Shares of PayPal Holdings fell nearly 11% on Thursday as weak second-quarter margins at the digital payments firm overshadowed…