Abbott’s strong medical device sales drive upbeat quarter as surgeries rebound
By Khushi Mandowara and Pratik Jain (Reuters) -Abbott Laboratories on Thursday beat quarterly profit expectations as a rebound in surgical…
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China, U.S. climate envoys agree to maintain close communication after talks
BEIJING (Reuters) – China and the United States agreed to maintain close communications after climate envoys from both countries met…
Virgin Money UK shuts 39 stores over fall in customer demand
(Reuters) – British lender Virgin Money UK said on Thursday it will close 39 stores as the company continues to…
European shares end at 1-month high, tech stocks tumble
By Shreyashi Sanyal and Shristi Achar A (Reuters) -Europe’s STOXX 600 index closed at a one-month high on Thursday, supported…
Some U.S. companies still failing to meet conflict minerals rules, GAO says
NAIROBI (Reuters) – Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours…
Tesla, ABB, TSMC get Q2 earnings off to downbeat start
LONDON (Reuters) – ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales…
Grain buyers refuse to panic as Ukraine corridor closes
By Michael Hogan HAMBURG (Reuters) – Major grain importers in the Middle East and North Africa have reacted calmly to…
Freeport’s profit narrowly beats despite production, Indonesia woes
(Reuters) -A slump in copper production and shipping delays in Indonesia dragged Freeport-McMoRan Inc’s second-quarter profit down by 60%, although…
South Africa holds rate but says hikes may not be over
By Kopano Gumbi, Nellie Peyton and Tannur Anders PRETORIA (Reuters) -South Africa’s central bank decided to halt interest rate hikes…
Twitter to subpoena Senator Elizabeth Warren over communications with U.S. agencies
WASHINGTON (Reuters) – Twitter, which has asked a court to terminate a consent order struck last year with the Federal…