LISBON (Reuters) – Portugal’s parliament easily approved the majority Socialist government’s 2023 budget bill on its first reading on Thursday,…
Analysis-Recession fears threaten perfect track record of post-midterm U.S. stock gains
By Lewis Krauskopf NEW YORK (Reuters) – A potential recession could end a streak of gains for U.S. stocks that…
Car parts maker Valeo confident of reaching full-year targets
By Elena Vardon and Lina Golovnya (Reuters) -French car parts maker Valeo on Thursday said it was confident in its…
Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter core earnings…
Altria partners with Japan Tobacco to bolster smoke-free category
(Reuters) – Marlboro maker Altria Group Inc on Thursday announced a strategic partnership with Japan Tobacco in an attempt to…
ECB hawks play down change in rate language as doves claim small win -sources
By Francesco Canepa, Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Some European Central Bank policymakers played down a change…
Caterpillar beats profit estimates on strong equipment demand; shares rise
By Bianca Flowers and Aishwarya Nair (Reuters) -Heavy-equipment maker Caterpillar Inc on Thursday topped Wall Street estimates for profit and…
Hertz revenue jumps 12% on car rental demand
WASHINGTON (Reuters) -Hertz Global Holdings Inc on Thursday reported a 12% jump in quarterly revenue, as demand for rental cars…
Italy consumer morale at 9-year low as Meloni takes charge
ROME (Reuters) – Morale amongst Italian businesses and consumers fell in October, data showed on Thursday, underscoring the challenges facing…
Merck lifts full-year forecast as Keytruda sales soar
By Michael Erman and Leroy Leo (Reuters) -Merck & Co on Thursday reported higher-than-expected third-quarter sales and profit on a…