PepsiCo’s price hikes, steady demand add sparkle to annual forecast
By Ananya Mariam Rajesh (Reuters) – PepsiCo Inc raised its annual forecasts on Tuesday after price hikes undertaken to offset…
Business
GE raises profit outlook even as economic risks mount
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -General Electric Co on Tuesday raised the low end of its…
US consumer confidence falls to 9-month low in April
(Reuters) – U.S. consumer confidence fell to a nine-month low in April led by a darkening outlook that augers a…
EU gives green light to revamp of Europe’s main climate policy
By Kate Abnett BRUSSELS (Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of…
GM lifts guidance, but cautions price gains won’t last
By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors Co on Tuesday lifted its full-year profit and cash flow…
US home prices rise in February – surveys
WASHINGTON (Reuters) – U.S. single-family home prices increased in February after seven straight monthly declines likely as a dip in…
Halliburton beats quarterly profit estimates as pricing improves
By Liz Hampton and Arunima Kumar (Reuters) – Oilfield firm Halliburton Co on Tuesday reported a first-quarter profit that topped…
Raytheon’s profit rises on China aviation boost
By Mike Stone and Pratyush Thakur WASHINGTON (Reuters) – Raytheon Technologies Corp reported a 4% rise in quarterly adjusted profit…
NatWest Chairman Howard Davies to leave bank by next year
LONDON (Reuters) -The chairman of NatWest Howard Davies, one of the most storied figures in UK finance, said on Tuesday…
First Republic, KPMG are sued for concealing bank’s risks
By Jonathan Stempel (Reuters) – First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank…