Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported…
Business
‘No writers. No TV’: Hollywood scribes strike over pay
By Lisa Richwine and Rollo Ross LOS ANGELES (Reuters) – Hollywood film and television writers went on strike on Tuesday,…
BNP Paribas first-quarter revenue beats as trading outperforms
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as trading business at the…
Chile peso to hold stable as economic and political worries fade: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and…
Ford sees $1.5 billion to $2 billion restructuring charges in 2023
(Reuters) – Ford Motor Co expects to take up restructuring charges between $1.5 billion and $2 billion in 2023, it said in…
Dollar to remain resilient in coming months despite narrowing rate gap – Reuters poll
By Shaloo Shrivastava and Indradip Ghosh BENGALURU (Reuters) – The U.S. dollar will remain resilient against most major currencies over…
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods…
Exclusive-Apollo seeks to take majority stake in SAS’s Chapter 11 rescue plan – sources
By Jacob Gronholt-Pedersen, Greg Roumeliotis and Marie Mannes COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to…
Indonesia finance minister calls for cautious approach toward easing inflation
By Choonsik Yoo and Jihoon Lee INCHEON, South Korea (Reuters) – Inflation is cooling rapidly in countries including Indonesia but…
Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources
By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in…