By Aditya Kalra and Davide Barbuscia NEW DELHI/NEW YORK (Reuters) – Adani Group entities made scheduled coupon payments on outstanding…
Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker…
Brazil’s Lula threatens central bank autonomy after hawkish words
By Maria Carolina Marcello BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Thursday issued his latest threat to…
Amazon still grasping for success with supermarkets, CEO says
By Jeffrey Dastin and Tiyashi Datta (Reuters) – Amazon.com Inc, the online retailer long feared to disrupt the grocery sector,…
Nasdaq, S&P 500 post strong gains on Fed relief, Meta surge
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and S&P 500 ended higher on Thursday…
South Korea braces for tough H1, promises support for exports, investment
SEOUL (Reuters) – South Korea’s finance minister said on Friday the country’s exports and investment would be weak at least…
Adani’s market losses top $100 billion as crisis shockwaves spread
By Aftab Ahmed, Chris Thomas and Aditya Kalra NEW DELHI/MUMBAI (Reuters) – Adani’s market losses swelled above $100 billion on…
Gilead profit beats Street expectations on COVID and HIV sales
By Michael Erman and Sriparna Roy (Reuters) -Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong…
USTR seeks public comment on restoring tariffs on Chinese medical products
By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s Office said on Thursday it is seeking public comment on…
Clorox exec says no more price hikes, layoffs coming as it lifts annual profit
By Jessica DiNapoli and Deborah Mary Sophia (Reuters) – Clorox Co Chief Financial Officer Kevin Jacobsen said on Thursday that…