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Fortis Healthcare to acquire Bengaluru’s People Tree Hospital for 4.3 billion rupees
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Thursday, October 30
by
SRN News
Mistake-filled legal briefs show the limits of relying on AI tools at work
NEW YORK (AP) — Judges around the world are dealing with a growing problem: legal briefs that were generated with the help of artificial intelligence and submitted with errors such as citations to cases that don’t exist, according to attorneys and court documents. The trend ...
Thursday, October 30
by
SRN News
Eli Lilly raises full-year forecast, as weight-loss drugs demand drives third-quarter beat
(Reuters) -Eli Lilly raised its full-year profit and revenue forecast on Thursday as strong appetite for its widely popular weight-loss and diabetes drugs Zepbound and Mounjaro helped it beat third-quarter earnings estimates. The company shares jumped 7% in premarket trading. Lilly competes with Novo Nordisk ...
Thursday, October 30
by
SRN News
HF Sinclair beats third-quarter profit estimates on higher refining margins
(Reuters) -Refiner HF Sinclair beat Wall Street estimates for third-quarter adjusted profit on Thursday, helped by improvement in refining margins and strength in its midstream segment, sending shares up 1% in premarket trading. Fuelmakers in the U.S. have benefited from a rebound in refining margins ...
Thursday, October 30
by
SRN News
Estee Lauder beats quarterly estimates on robust growth in fragrances
(Reuters) -Estee Lauder beat Wall Street estimates for first-quarter sales and profit on Thursday on strong demand for its Le Labo and Tom Ford fragrances and an uptick in China demand, in fresh signs the beauty company’s turnaround push is starting to work. Shares of ...
Thursday, October 30
by
SRN News
NHTSA opens probe into 583,600 Honda vehicles over safety issues
(Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) has launched separate investigations into about 583,600 Honda vehicles over potential defects involving rear seatbelt warnings and inadvertent airbag deployments. The regulator is examining 142,600 units of the 2023-2024 Honda Pilot SUV for a possible malfunction ...
Thursday, October 30
by
SRN News
Comcast tops third-quarter estimates on ‘Jurassic World’, theme park boom
(Reuters) -Comcast surpassed Wall Street expectations for quarterly results on Thursday, thanks to the growing popularity of its theme parks and strong box office returns from its latest “Jurassic World” movie. Shares of the company rose 2.6% in premarket trading. A source told Reuters last week ...
Thursday, October 30
by
SRN News
Trump no-show at big Asian economic forum may risk US reputation in region
GYEONGJU, South Korea (AP) — A hot mike caught U.S. President Donald Trump saying that his much-anticipated meeting Thursday with Chinese President Xi Jinping, meant to settle the most important trade relationship in the world, would be “three, four hours” and he would then ...
Thursday, October 30
by
SRN News
Europe’s economy shows modest growth of 0.2%, held back by laggard Germany
FRANKFURT, Germany (AP) — Europe’s economy grew by a modest 0.2% in the third quarter, official figures showed Thursday. Growth in the 20 countries that use the euro was held by back higher U.S. tariffs and anemic performances by Germany and Italy, both of ...
Thursday, October 30
by
SRN News
Remy Cointreau cuts full-year outlook, sending shares plunging
By Dominique Vidalon PARIS (Reuters) -French spirits maker Remy Cointreau pushed back its recovery on Thursday as it cut sales and profit goals for the year, citing deteriorating market conditions in China and a weaker-than-expected rebound in U.S. sales. Its shares were trading 6% by 0942 ...
Thursday, October 30
by
SRN News
China vows to boost US farm trade but leaves details unclear
By Ella Cao and Naveen Thukral BEIJING/SINGAPORE (Reuters) -China pledged to expand farm trade with the United States and President Donald Trump said Beijing would buy “tremendous” volumes of soybeans, but neither gave specifics, disappointing investors hoping for a return of its once-robust purchases. Trump told ...
Thursday, October 30
by
SRN News
Volkswagen skids into the red on 5-billion-euro US tariff hit, Porsche woes
By Rachel More and Christina Amann BERLIN (Reuters) -An expensive course correction at subsidiary Porsche dealt Volkswagen a hefty blow in the third quarter, resulting in a 1.3-billion-euro ($1.52 billion) operating loss and piling billions more in costs on top of pressure from U.S. tariffs. Volkswagen ...
Thursday, October 30
by
SRN News
Chipotle shares drop as margins face heat from tariffs, inflation
(Reuters) -Chipotle Mexican Grill shares tumbled nearly 18% premarket on Thursday, after the burrito chain’s third sales forecast cut this year fanned concerns around how restaurants are navigating tariffs, inflation and shifting spending habits. Uncertainty around tariffs in the U.S. and steep prices are making ...
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