Category Archives:
Nestle beats quarterly sales estimates as prices rise sharply
LONDON (Reuters) -Nestle reported slightly better-than-expected first-quarter sales on Tuesday as the world's biggest packaged food company hiked prices to offset its tepid sales volume. The Swiss com...
Apr 25, 2023
Russia’s new T-14 Armata battle tank debuts in Ukraine – RIA
(Reuters) - Russia has begun using its new T-14 Armata battle tanks to fire on Ukrainian positions "but they have not yet participated in direct assault operations," the RIA state news agency reported...
Apr 25, 2023
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) - An initiative to offer an instant payments service in Europe from the end of 2023 said on Tuesday it has acquired two payment firms and obtained the backing of more ban...
Apr 25, 2023
Cryptoverse: Investors pick their AI race horses
By Lisa Pauline Mattackal (Reuters) - What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas...
Apr 25, 2023
Novartis lifts full-year earnings outlook
FRANKFURT (Reuters) - Novartis on Tuesday raised its full-year earnings outlook, citing a strong growth momentum. The Swiss drugmaker said in a statement that when excluding Sandoz, the generic-drug d...
Apr 25, 2023
Hyundai Motor’s Q1 net profit jumps 109%, beating expectations
SEOUL (Reuters) - South Korea's Hyundai Motor Co on Tuesday reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased and demand for its high-...
Apr 25, 2023
Spain’s Santander Q1 net profit rises 1% vs same period a year ago
MADRID (Reuters) - Spain's Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of 2022 as higher lending income, which offset higher provisions and the im...
Apr 25, 2023
ABB raises full year guidance after profit beats forecasts
ZURICH (Reuters) - ABB raised its full year outlook for sales and profit outlook on Tuesday after the engineering and technology group reported first quarter profit ahead of forecasts. The maker of ch...
Apr 24, 2023
UBS first-quarter profit drops 52% due to legacy litigation case
ZURICH (Reuters) - UBS Group AG on Tuesday reported a 52% slide in profit for the first quarter due to an increase in legal provisions for a legacy litigation matter. The result comes at a tumultuous ...
Apr 24, 2023
ECB will have to raise rates again on May 4, Lane tells Le Monde
PARIS (Reuters) - The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but the size of the move is still open to debate, its chief economist told Fren...
Apr 24, 2023
Peoria, IL, USA
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