Kraft Heinz sales miss estimates as higher prices hit demand
(Reuters) -Kraft Heinz missed quarterly sales estimates on Wednesday as inflation-hit customers bought fewer packaged meals and condiments, discouraged by…
2023
Emerson raises fiscal 2023 forecast on demand for industrial automation
(Reuters) – U.S. engineering and industrial software firm Emerson on Wednesday raised its fiscal 2023 forecast, as companies increase spending…
Voyager Space and Airbus deepen tie-up on new space station
By Tim Hepher and Joey Roulette PARIS (Reuters) – U.S. space venture company Voyager Space and Airbus said on Wednesday…
US targets two China-based firms over forced labor practices -DHS
WASHINGTON (Reuters) -The United States has banned goods from two China-based companies as part of an effort to eliminate forced…
Starbucks misses quarterly sales estimates, sees lasting China rebound
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Starbucks missed market expectations for quarterly comparable sales on Tuesday, with demand…
U.S. airs concerns over involvement of blacklisted China firm in Manila Bay reclamation
MANILA (Reuters) – The United States has expressed concern over the involvement of a Chinese state-owned firm that it blacklisted…
Hong Kong cuts China-risk section in listing rules, but says scrutiny unchanged
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong stock exchange has removed a China-risk section for mainland-incorporated…
Central Europe’s arms makers scramble for workers as Ukraine boosts business
By Michael Kahn, Robert Muller and Karol Badohal PRAGUE/WARSAW (Reuters) – From building apartments for new employees to offering retired…
Thailand’s Pheu Thai aims to form government after poll winner sidelined
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s Pheu Thai party will nominate a real estate tycoon to become…
China intensifies flood rescue efforts south of Beijing after historic rains
By Liz Lee and Ella Cao BEIJING (Reuters) -China on Wednesday dispatched thousands of rescue workers to Zhuozhou, a flooded…