Apple Sees Bigger Supply Problems After Strong Start To Year
By Paresh Dave and Nivedita Balu OAKLAND, Calif. (Reuters) -Apple Inc on Thursday forecast bigger problems as COVID-19 lockdowns snarl…
Reuters
Singapore Banks Post Q1 Profit Declines In Weak Markets
By Anshuman Daga SINGAPORE (Reuters) -Singapore lenders DBS Group and OCBC both reported 10% declines in their quarterly profits from…
Berkshire Hathaway Director Olson Says Abel Has The Board’s Total Confidence
OMAHA, Neb. (Reuters) – One of Berkshire Hathaway’s longest-serving directors on Thursday gave a full-throated endorsement to Greg Abel as…
DBS Q1 Profit Falls 10% In Weak Markets, Revenue Slips 3%
SINGAPORE (Reuters) – DBS Group Holdings reported a 10% decline in quarterly profit after net income at Southeast Asia’s largest…
Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar
By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc delivered a disappointing quarter and outlook on Thursday as the e-commerce…
Robinhood Shares Fall After Company Posts Decline In Revenue
(Reuters) – Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, posted a 43% fall…
Elliott Calls For Suncor Strategic Review, Board Changes
By Svea Herbst-Bayliss (Reuters) -Activist investment firm Elliott Management is pushing Canada’s Suncor Energy Inc to add new board directors,…
Caterpillar Sees China Excavator Demand Falling Below Pre-pandemic Levels
By Abhijith Ganapavaram and Aishwarya Nair (Reuters) – Caterpillar Inc on Thursday warned that demand for excavators in China, one…
Russian Tycoon Tinkov Sells Stake In TCS Group To Billionaire Potanin
LONDON (Reuters) – Russian businessman Oleg Tinkov, who last week criticized Russia’s war in Ukraine, has sold his 35% stake…
Global Shares Rise As Earnings Boost, U.S. Dollar Hits 20-year High
By Chris Prentice and Tom Wilson WASHINGTON/LONDON (Reuters) -The U.S. dollar touched its highest level since 2002 on Thursday, as…