SAO PAULO (Reuters) – Brazilian retailer GPA said on Thursday its board rejected a second offer from Colombian billionaire Jaime […]
PPG Industries raises forecast as higher prices boost quarterly results
(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped […]
South Korea producer prices fall for first time in 31 months
SEOUL (Reuters) – South Korea’s producer prices fell in June on an annual basis for the first time in 31 […]
Exclusive-Microsoft hit with EU antitrust complaint by German rival
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, […]
Capital One Financial beats profit estimates on higher interest income
(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher […]
Analysis-Elon Musk and Tesla loom over Detroit’s auto labor talks
By Joseph White and Ben Klayman DETROIT (Reuters) – Detroit’s automakers and the United Auto Workers will not be alone […]
Tesla investors balk at margin loss as Musk touts self-driving future
By Akash Sriram and Aditya Soni (Reuters) -Elon Musk’s bet to sacrifice margins now for improved margins later when full […]
Dollar gains, stocks fall as US data suggests rates to stay higher
By Herbert Lash NEW YORK (Reuters) -The dollar rallied and a gauge of global equities slid on Thursday after data […]
US regional bank stocks fall on mixed results, Discover sinks on regulatory review
By Manya Saini, Nupur Anand and Tatiana Bautzer (Reuters) -U.S. regional bank stocks fell on Thursday after quarterly earnings showed […]
J&J upbeat on 2023 as devices rebound post-COVID, shares jump
By Bhanvi Satija and Patrick Wingrove (Reuters) -Johnson & Johnson on Thursday expressed optimism for strong growth this year, saying […]