Merck raises 2023 sales forecast as top drugs beat Street estimates
By Michael Erman and Leroy Leo (Reuters) -Merck & Co raised its full-year revenue forecast on Tuesday as second-quarter sales…
Drone hits tower housing Russian ministries for second time in three days
MOSCOW (Reuters) -A high-rise building in Moscow’s business district that houses three Russian government ministries was struck by a drone…
Toronto stocks start August on a weak note as commodity-linked sectors drag
By Siddarth S (Reuters) -Toronto stocks started August on a dismal note, weighed by losses in materials and energy shares…
World factory activity mired in slump as China, growth slowdown take toll
By Jonathan Cable, Leika Kihara and Lucia Mutikani LONDON/TOKYO/WASHINGTON (Reuters) -Global factory activity remained in a slump in July, private…
X, Musk seek dismissal of lawsuit over ex-Twitter workers’ severance pay
By Daniel Wiessner (Reuters) – X Corp, the social media company formerly known as Twitter, and owner Elon Musk have…
US construction spending rises strongly in June
WASHINGTON (Reuters) – U.S. construction spending increased solidly in June and the prior month’s data was revised higher, boosted by…
Sweden to boost border controls after Koran burnings
By Johan Ahlander and Simon Johnson STOCKHOLM (Reuters) -Threats to Sweden have increased after recent Koran burnings, the country’s government…
Marriott lifts annual profit forecast on China rebound
By Doyinsola Oladipo and Priyamvada C (Reuters) -Marriott International raised its full-year profit forecast on Tuesday, as the U.S. hotel…
US manufacturing shows signs of stabilizing at lower levels in July, ISM says
WASHINGTON (Reuters) – U.S. manufacturing appeared to stabilize at weaker levels in July amid a gradual improvement in new orders,…
Crypto stocks dip after bitcoin slumps to six-week low
(Reuters) – Shares of cryptocurrency and blockchain related companies fell in early trading hours on Tuesday, as bitcoin hit a…