Qualcomm tumbles after signalling more pain from smartphone slump
By Aditya Soni (Reuters) – Qualcomm tumbled nearly 10% on Thursday after a gloomy forecast signalled more pain for the…
August 3, 2023
For investors, green companies still hard to find with new emissions reporting rules
By Simon Jessop and Huw Jones LONDON (Reuters) – Is Ford doing a better job of cutting emissions than rival…
E-cigarette maker Juul Labs seeks $1 billion in funding – Bloomberg News
(Reuters) -E-cigarette maker Juul Labs is seeking to raise about $1 billion in a fundraising effort, Bloomberg News reported on…
Adidas has around 100 stores left to get rid of in Russia, CEO says
LONDON (Reuters) -Adidas is still in the process of getting rid of around 100 stores as the German sportswear firm…
UK firms dial back price and wage growth expectations – BoE
LONDON (Reuters) – The Bank of England said on Thursday that businesses expected slower increases in the prices they charge…
US productivity surges in second quarter; labor costs growth slows
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and…
American Eagle sees second-quarter revenue above previous forecast
(Reuters) -American Eagle Outfitters said on Thursday it expects revenue and operating income for the second quarter to be above…
BMW closes in on EV target but ‘too soon’ to call end of combustion engines
By Victoria Waldersee BERLIN (Reuters) -BMW said it was raising investment in electrification faster than planned but that it was…
China opposes planned U.S. visit by Taiwan vice president
BEIJING (Reuters) – China on Thursday said it firmly opposes any form of official exchange between the United States and…
USA Today-publisher Gannett raises profit targets as ad demand rebounds
(Reuters) – USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows….