Deere raises annual profit outlook on healthy equipment demand, strong order books
By Bianca Flowers and Aishwarya Nair (Reuters) -Deere & Co on Friday topped Wall Street profit expectations on strong sales…
Business
Fed’s Powell says tighter credit conditions ease rate hike pressure
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes…
Pent-up demand promises record tourist season for southern Europe
By Giselda Vagnoni ROME (Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back…
VW completes sale of Kaluga plant in Russia
BERLIN (Reuters) – Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the…
Factbox-Morgan Stanley’s three potential CEO candidates
(Reuters) – Morgan Stanley will likely appoint its next CEO in the next 12 months, its current Chief Executive James…
WHO recommends new COVID shots should target only XBB variants
(Reuters) – A World Health Organization (WHO) advisory group on Thursday recommended that this year’s COVID-19 booster shots be updated…
US exchanges to bust erroneous CDW Corp trades after shares briefly dive 96%
By Medha Singh (Reuters) – The New York Stock Exchange and the Nasdaq said on Thursday they would cancel erroneous…
Walmart lifts annual sales, profit view on resilient consumer spending
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as shoppers…
Ford recalls 422,000 SUVs because rear view camera display may fail
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co is recalling 422,000 sport utility vehicles in the United States because the…
Sony eyes finance unit listing, doubles down on entertainment
By Sam Nussey TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin-off of its financial…