Nokia misses Q2 expectations, lowers full-year guidance
STOCKHOLM (Reuters) – Finnish telecom gear group Nokia reported on Friday second-quarter sales of 5.7 billion euros ($6.4 billion), a…
Business
Wells Fargo hikes outlook for interest income after profit surges 57%
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo raised its annual forecast for net interest income…
BlackRock’s shares edge lower as inflows slow
By Jaiveer Shekhawat and Carolina Mandl (Reuters) -BlackRock Inc, the world’s biggest asset manager, handily beat second-quarter profit estimates but…
Investors in VinFast’s SPAC cash out most shares
HANOI (Reuters) -Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that has plans to merge with Vietnam’s…
S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv
NEW YORK (Reuters) – S&P 500 company aggregate earnings for the second quarter are now seen down 8.1% from the…
Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources
By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce…
Citigroup profit drops 36% on trading slump, rising expenses
By Tatiana Bautzer and Mehnaz Yasmin (Reuters) -Citigroup beat analysts’ estimates for second-quarter profit on Friday as higher interest payments…
Eli Lilly to buy Versanis for up to $1.93 billion in obesity drugs push
By Sriparna Roy (Reuters) -Eli Lilly and Co said on Friday it will buy privately held Versanis for potentially up…
American Airlines, JetBlue to halt codeshare flights from July 21
By David Shepardson (Reuters) -American Airlines and JetBlue Airways said Friday they will begin to wind down their Northeast Alliance…
UPS strike could be costliest in US in a century, study says
By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be “one of the costliest in at…