Northrop Reports Lower Revenue As Labor, Supply Chain Woes Linger
By Mike Stone and Ashwini Raj (Reuters) – U.S. weapons maker Northrop Grumman Corp reported a fall in first-quarter sales…
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Unilever Warns Of More Price Hikes As Cost Pressures Build
By Richa Naidu (Reuters) -Unilever raised prices by over 8% in the first quarter and warned more hikes were on…
Former Luxottica CEO Guerra To Leave LVMH, Keep Advisory Role
MILAN (Reuters) – Andrea Guerra, the former chief executive of Italian eyewear giant Luxottica, is leaving LVMH after leading its…
Huawei’s Q1 sales down 14% as U.S. sanctions remain
SINGAPORE (AP) — Chinese telecoms equipment and smartphone maker Huawei’s sales fell 14% in January-March from a year earlier as…
Pernod Ricard Q3 Sales Beat Forecasts, Cautious On Q4
By Dominique Vidalon PARIS (Reuters) -French spirits group Pernod Ricard posted a forecast-beating 20% jump in third quarter sales on…
China To Cut Coal Import Tariffs To Zero From May 1
BEIJING (Reuters) – China will cut import tariffs for all types of coal to zero from May 1, 2022, until…
Dollar Climbs Towards 20-year High; Earnings Buoy Stocks
By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar was on the cusp on Thursday of its highest…
Asian shares mostly higher after tech-led rebound on Wall St
Stocks were mostly higher in Asia on Friday after a rally on Wall Street led by technology companies. U.S. futures…
TotalEnergies Ramps Up Buybacks After Earnings Leap
(Reuters) – TotalEnergies will expand plans to buy back its own shares, the French energy group said on Thursday after…
UBS’s Chin Steps Down As China Head, To Be Replaced By Qian -source
HONG KONG (Reuters) – UBS Group’s China country head David Chin has stepped down from the role but will remain…