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…
Big US energy transmission projects inch closer to approval
ALBUQUERQUE, N.M. (AP) — The federal government has finished another environmental review of a proposed transmission line that will carry…
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…
Amazon reports rare quarterly loss as online shopping slows
NEW YORK (AP) — Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a…
California subpoenas ExxonMobil in probe of plastics waste
SACRAMENTO, Calif. (AP) — California’s attorney general on Thursday subpoenaed ExxonMobil as part of what he called a first-of-its-kind broader…
Robinhood’s revenue fell more than expected at year’s start
NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app…
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…