Kraft Heinz lifts profit outlook on price hikes, easing costs
By Aatrayee Chatterjee (Reuters) -Kraft Heinz Co raised its full-year profit forecast on Wednesday on the back of higher prices…
2023
TSMC, partners plan to invest up to $11 billion in German fabrication plant -Bloomberg News
(Reuters) -Taiwan Semiconductor Manufacturing Co is in talks with partners to invest as much as 10 billion euros ($11.04 billion)…
Bunge quarterly profit tops estimates on strong demand; 2023 outlook unchanged
By Karl Plume and Sourasis Bose (Reuters) -Agricultural commodities trader Bunge Ltd beat Wall Street estimates for first-quarter profit on…
US stands with Philippines against Chinese ‘intimidation’ in S. China Sea – official
By Karen Lema (Reuters) – The United States stands with treaty ally the Philippines in the face of harassment by…
Blinken says he hopes to reschedule trip to China this year
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he was hopeful he could reschedule a visit…
Carl Icahn’s Investment Firm Tumbles 18% After Hindenburg Attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…
U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable
WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations…
European police arrest more than 100 mafia suspects in drug crackdown
ROME/BRUSSELS (Reuters) -Police across Europe arrested more than 100 people on Wednesday in a massive crackdown that targeted the Italian…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported…
WWE quarterly revenue falls on delay in key event
(Reuters) -World Wrestling Entertainment Inc on Wednesday reported a drop in first-quarter revenue and operating income due to a delay…