ArcelorMittal Profit Beats Expectations, But Sees Rising Risks
By Charlotte Van Campenhout AMSTERDAM (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, reported higher than expected second-quarter earnings on Thursday helped…
Reuters
British Defence Firm BAE Names New Chair As Results Top Estimates
LONDON (Reuters) -BAE Systems, Britain’s biggest defence company, named Cressida Hogg as its next chair on Thursday, as it reported…
Sanofi Lifts Profit Outlook As Dupixent Sales Surge Over 43%
(Reuters) – French healthcare group Sanofi lifted its full-year earnings outlook on continued strong sales growth for its bestselling drug…
China’s Central Bank Targets $148 Billion In Financing For Cash-strapped Developers – FT
(Reuters) -China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial…
Indonesia Says Krakatau Steel, S.Korea’s POSCO Plan $3.5 Billion Investment
JAKARTA (Reuters) – Indonesia’s Krakatau Steel and South Korea’s POSCO Holdings have signed an agreement to invest $3.5 billion starting…
Australian Bank Macquarie’s Q1 Profit Climbs In A Softening Market
By Byron Kaye and Indranil Sarkar (Reuters) – Australian investment bank Macquarie Group flagged a higher quarterly profit on Thursday…
Netflix Experiences Streaming Issues On All Devices
(Reuters) – Netflix Inc said on Wednesday it is currently experiencing issues with streaming on all devices. There were around…
Asia Shares, Bonds Find Some Relief In Fed Messaging
By Wayne Cole SYDNEY (Reuters) – Asian shares made cautious gains on Thursday as investors scented a possible slowdown in…
El Salvador Says It Has $560 Million For Partial Debt Buyback
By Nelson Renteria SAN SALVADOR (Reuters) – El Salvador will dedicate $560 million in funds to a surprise bond buyback…
Qualcomm Warns Of Sales Hit From Cooling Smartphone Demand
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc forecast fourth-quarter revenue below Wall Street targets on Wednesday, bracing…