top-stories
Top Stories
UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader
Top Stories
British retail sales beat expectations in June
Top Stories
Oil edges higher on lower U.S. crude stocks, cautious outlook
Top Stories
Aircraft lessor Avolon sees supply chain issues persisting into 2025
Mr Kipling maker Premier Foods expects profit at top end of market view
Date: July 20, 2023
Mr Kipling maker Premier Foods expects profit at top end of market view (Reuters) -Premier Foods on Thursday forecast full-year profit at the top end of market expectations after the company reported higher sales for the first quarter. A slight cooling in British food inflation brought relief to cash-strapped consumers, with companies like Premier capping...
Global miner Anglo American’s first-half production surges 42%
Date: July 20, 2023
Global miner Anglo American’s first-half production surges 42% LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the ramp-up of its Quellaveco mine operations in Peru. Copper production rose to 387,000 metric tons in the first half, from 273,000 metric tons posted in the year-ago period,...
Asia stocks nudge higher, gains capped by China worries
Date: July 20, 2023
Asia stocks nudge higher, gains capped by China worries By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings and looked ahead to central bank meetings next week, while disappointing earnings results from Netflix and Tesla pushed U.S. futures lower. Gains in Asian equities were capped...
ABB sees robust activity as Q2 profit beats forecasts
Date: July 20, 2023
ABB sees robust activity as Q2 profit beats forecasts ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company on Thursday reported stronger than expected operating profit. ABB, whose products range from electric motors for ships to industrial drives used in factories, reported core operating profit rising 25%...
Netflix quarterly revenue misses forecasts, shares slide
Date: July 20, 2023
Netflix quarterly revenue misses forecasts, shares slide By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9% in after-hours trading. The revenue figure, along with a weaker-than-expected forecast for revenue in the third...
IBM misses second-quarter revenue estimates as tech spending cools
Date: July 20, 2023
IBM misses second-quarter revenue estimates as tech spending cools By Chavi Mehta (Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses cut tech spending. IT companies have warned of more pain as businesses striving to...