Mainly Cloudy 39°. Wind Chill: 36°. Wind: N 5 mph.
Loading advertisement…
Trending: Lebanese Cabinet approves a draft law to return funds wiped out with the 2019 collapse of banks
HomeNewsNationalBusiness ( Page 477)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Singapore’s bank DBS second-quarter net profit rises 1%, beats forecast

By Yantoultra Ngui SINGAPORE (Reuters) -DBS Group, Singapore’s biggest bank, on Thursday posted a 1% rise in net profit in the second quarter from a year earlier on the back of higher total income. DBS, which is also Southeast Asia’s biggest lender by assets, said April-June ...
by

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens. “Could happen,” Trump told reporters, after saying he expected to ...
by

Firefly raises $868 million in upsized US IPO as it sets sights on a positive liftoff

By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Northrop Grumman-backed Firefly Aerospace priced its upsized U.S. initial public offering at $45 per share on Wednesday, raising $868.3 million, and indicating strong demand for the buzzy space technology startup that put a lander on the moon. ...
by

CF Industries misses quarterly profit estimates on higher costs; shares fall

(Reuters) -CF Industries missed estimates for second-quarter profit on Wednesday, as higher costs weighed on the fertilizer firm, sending its shares down 4.3% in extended trading. The company’s quarterly cost of sales was up about 27% at $1.14 billion from a year earlier on higher natural ...
by

Nutrien beats quarterly profit estimates on strong potash demand

(Reuters) -Nutrien topped Wall Street estimates for second-quarter profit on Wednesday, as the world’s top potash producer benefited from improved demand in North America amid a robust corn planting season. U.S. farmers expanded corn plantings by 5% this year to the highest since 2013 while ...
by

China extends probe on imported beef in respite for global suppliers

By Ella Cao, Lewis Jackson and Tom Polansek BEIJING/CHICAGO (Reuters) -China has extended for three months an investigation period for beef imports, the commerce ministry said on Wednesday, giving global suppliers a breather from the prospect of trade curbs as the domestic industry battles to ...
Loading advertisement…
by

Beyond Meat misses quarterly revenue estimates as plant-based demand weakens

By Neil J Kanatt (Reuters) -Beyond Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the U.S. amid ongoing macroeconomic uncertainty. Shares of the company, which also announced a 6% reduction in its global ...
by

Elf Beauty tops quarterly estimates on resilient demand for affordable lipsticks and skincare

(Corrects company name in paragraph 3 to Dollar General from Dollar Tree) (Reuters) -Elf Beauty beat first-quarter sales and profit estimates on Wednesday, fueled by resilient demand for its affordable products including lip oils and blush tints at retailers and online channels, despite broader ...
by

Corteva raises annual profit and sales forecast after strong first-half performance

By Pooja Menon (Reuters) -U.S. agrichemicals company Corteva raised its annual adjusted profit and sales forecast on Wednesday, following strong performance in the first half of the year, sending its shares 6% higher in extended trading. Reuters had reported in May that U.S. farmers have ...
by

Trading Day: Wall St momentum calms tariff shakes

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wall Street rallied on Wednesday as investors continued to take their cue from earnings and AI-related optimism over tariffs, while a weak 10-year Treasury note auction served ...
by

Trump met Citigroup, BofA CEOs to discuss Fannie and Freddie, sources say

NEW YORK (Reuters) -U.S. President Donald Trump met Citigroup CEO Jane Fraser at the White House on Wednesday to discuss the administration’s plans for Fannie Mae and Freddie Mac, according to a source familiar with the situation. Trump also met with Bank of America CEO ...
by

Prudential Financial to pay $100 million in US FTC settlement

(Reuters) -The U.S. Federal Trade Commission reached a $100 million settlement with Prudential Financial to resolve claims a former unit misled consumers into buying healthcare plans that did not provide the coverage it promised. A settlement with Assurance IQ, which Prudential decided to shut down ...
First Previous473474475476477478479480481Next Last