Canada’s immigration creates ‘mirage’ of economic prosperity – economists
By Steve Scherer and Fergal Smith OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau has fueled economic growth and plugged…
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Insurer Chubb beats quarterly profit estimates on strong investment returns
(Reuters) – Insurance company Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a…
P&G drops forest pledge, drawing ire of green groups, investors
By Jessica DiNapoli NEW YORK (Reuters) – Global consumer products maker Procter & Gamble dropped its pledge from a corporate…
Santander Brasil weighs on group results as Q2 net profit falls 45%
SAO PAULO (Reuters) -Brazilian lender Santander Brasil on Wednesday reported a 45% drop in second quarter net profit, dragging on…
AI lesson for Microsoft and Google: Spend money to make money
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence is expected to pay off big for tech giants including Microsoft…
Stellantis wants Italy government support to hit million model mark
By Giulio Piovaccari MILAN (Reuters) – Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy…
Alphabet rallies as Google Search unfazed by challenge from Microsoft’s Bing
By Aditya Soni (Reuters) – Alphabet rallied more than 5% on Wednesday on signs its dominant Google Search business was…
Canada’s Rogers raises annual profit, free cash flow forecasts
(Reuters) -Canada’s Rogers raised its annual forecasts for adjusted core earnings and free cash flow on Wednesday, betting on strong…
North Korea to welcome China and Russia with military display after pandemic isolation
By Josh Smith SEOUL (Reuters) -After years of pandemic isolation, North Korea has invited its friends back this week, hosting…
Rolls-Royce leaps as airline and defence demand lifts profits
By Paul Sandle and Sarah Young LONDON (Reuters) – Aero-engineer Rolls-Royce hiked its full-year operating profit forecast by around 45%…