Hugo Boss stays strong amid tough China, U.S. markets
By Linda Pasquini and Helen Reid (Reuters) – Hugo Boss raised its sales and profit outlook on Wednesday as a…
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Russian economy grows 5.3% year on year in June
MOSCOW (Reuters) – Russia’s economy grew 5.3% in June year on year, the economy ministry said on Wednesday, after an…
Russian rouble tumbles to over 16-month low past 94 vs dollar
By Alexander Marrow (Reuters) – The Russian rouble tumbled over 2% to a more than 16-month low past 94 against…
Chesapeake Energy sees 5% to 7% drop in oilfield service costs in 2024
By Arathy Somasekhar HOUSTON (Reuters) – U.S. oil and gas company Chesapeake Energy on Wednesday said it expects deflation in…
Billboard highlighting clerical abuse removed as pope arrives in Lisbon
By Catarina Demony LISBON (Reuters) – One of three huge billboards erected by activists to raise awareness of sexual abuse…
Double-digit growth in real wages, retail sales as Russia’s unemployment hits record low
(Reuters) – Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the…
Brazil’s Lula: Amazon countries summit to build common policy for first time
BRASILIA (Reuters) – Brazil President Luiz Inacio Lula da Silva on Wednesday said that next week’s summit of Amazon region…
Ferrari’s personal touch on cars helps it lift forecasts
By Giulio Piovaccari MILAN (Reuters) -Luxury sports car maker Ferrari raised its full-year revenue and core earnings forecasts on Wednesday,…
Bunge lifts 2023 earnings view after Q2 profit beat, shares surge
By Karl Plume (Reuters) – Bunge Ltd raised its full-year earnings outlook on Wednesday after improved processing margins helped the…
CVS Health begins cost saving plan ahead of uncertain 2024
By Khushi Mandowara and Bhanvi Satija (Reuters) -CVS Health Corp on Wednesday said it began cutting jobs and had shut…