Mexico’s Cemex profit climbs modestly on price hikes, strong peso
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement maker Cemex on Thursday posted a slight rise in second-quarter net profit,…
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Southwest Airlines warns of higher full-year costs, softer pricing
By Shivansh Tiwary (Reuters) -Southwest Airlines on Thursday warned of higher labor costs and softer pricing, fueling worries of a…
Mercedes-Benz raises earnings outlook as supply snags ease
By Victoria Waldersee BERLIN (Reuters) – German automaker Mercedes-Benz raised its earnings forecast on stronger orders, an improved supply chain…
Renault posts record H1 operating margin helped by higher priced new cars
By Victor Goury-Laffont and Gilles Guillaume (Reuters) – French car maker Renault on Thursday posted an operating margin of 7.6%…
Ukraine sets key rate at 22% in first wartime cut
By Olena Harmash KYIV (Reuters) -Ukraine’s central bank lowered its key rate to 22% on Thursday, announcing its first wartime…
Lilly’s obesity drug leads to about 26% weight loss in new studies
By Bhanvi Satija and Leroy Leo (Reuters) -Eli Lilly said on Thursday its experimental obesity drug helped patients reduce 26.6%…
Comcast beats revenue estimates on boost from theme parks, studios
By Helen Coster and Samrhitha A NEW YORK (Reuters) -Comcast Corp beat estimates for quarterly revenue on Thursday, helped by…
US Senator Menendez says he has not changed opposition to Turkey F-16 sale
By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senator Bob Menendez said on Wednesday he still had concerns about the sale…
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…