Garmin tops quarterly revenue estimates on growth in aviation, marine units
(Reuters) – Smartwatch and navigation equipment maker Garmin Ltd topped first-quarter revenue estimates on Wednesday, boosted by strong growth in…
US
Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported…
‘No writers. No TV’: Hollywood scribes strike over pay
By Lisa Richwine and Rollo Ross LOS ANGELES (Reuters) – Hollywood film and television writers went on strike on Tuesday,…
Ford sees $1.5 billion to $2 billion restructuring charges in 2023
(Reuters) – Ford Motor Co expects to take up restructuring charges between $1.5 billion and $2 billion in 2023, it said in…
Dollar to remain resilient in coming months despite narrowing rate gap – Reuters poll
By Shaloo Shrivastava and Indradip Ghosh BENGALURU (Reuters) – The U.S. dollar will remain resilient against most major currencies over…
Exclusive-Apollo seeks to take majority stake in SAS’s Chapter 11 rescue plan – sources
By Jacob Gronholt-Pedersen, Greg Roumeliotis and Marie Mannes COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to…
Marketmind: Bank reverb frames Fed decision
A look at the day ahead in U.S. and global markets from Mike Dolan Markets finally worked out May might…
Pandemic-sized euro surge now a boon for ECB: Mike Dolan
By Mike Dolan LONDON (Reuters) -The surging euro may be the European Central Bank’s best friend for a change. Unlike…
Andurand oil fund slips 15% in March, down 34% year to date – Societe Generale
By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Pierre Andurand’s Commodities Discretionary Enhanced Fund ended March down 15% and…
Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to…