Hershey sweetens annual profit forecast even as demand wavers
By Mehr Bedi (Reuters) -Hershey raised its full-year adjusted profit forecast on Thursday, bolstered by price increases for the Reese’s…
Mastercard beats profit estimates on spending boost
(Reuters) -Mastercard on Thursday reported a bigger-than-expected rise in second-quarter profit, boosted by resilient spending in a turbulent economy. Unfazed…
Instant view: ECB lifts interest rates to highest since 2000
(Reuters) – The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door…
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said U.S. authorities need to…
Mediobanca readies share buyback as CEO Nagel seeks new 3y term
By Gianluca Semeraro MILAN (Reuters) -Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200…
China’s Evergrande EV unit applies to resume trading on HK bourse
(Reuters) – China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock…
TikTok won’t launch cross-border e-commerce services in Indonesia amid concerns
By Stanley Widianto and Josh Ye JAKARTA/HONG KONG (Reuters) – TikTok said it has no plans to roll out a…
Lazard profit slumps but sees early signs of recovery in deals
By Manya Saini (Reuters) -Investment bank Lazard’s second-quarter profit fell 76% as its advisory business reeled from a prolonged slump…
Prince Harry’s trial against Murdoch tabloids to go ahead, but hacking claims too old
By Michael Holden LONDON (Reuters) -Prince Harry can take some of his lawsuit against media magnate Rupert Murdoch’s tabloids to…
Wegovy weight-loss injection factory plagued by sterile-safety failures
By Maggie Fick LONDON (Reuters) – The factory that fills the self-injection pens for booming weight-loss drug Wegovy has repeatedly…