NEW YORK (Reuters) – Twitter plans to close its deal with billionaire Elon Musk on previously agreed price and terms,…
Norwegian Air Q3 net profit rises, to cut capacity in winter
By Gwladys Fouche OSLO (Reuters) -Norwegian Air shares rose on Wednesday after reporting an increase in third-quarter net profit boosted…
Bank of Canada surprises with 50 bps hike, says slight recession possible
By Julie Gordon and David Ljunggren OTTAWA (Reuters) -The Bank of Canada announced a smaller-than-expected interest rate hike on Wednesday…
U.S. auto sales to rise in October as supply chains improve – report
(Reuters) -U.S. auto retail sales are expected to rise in October as supply chain snags ease, making more vehicles available…
Bunge lifts 2022 outlook after quarterly earnings beat, shares rally
By Karl Plume CHICAGO (Reuters) -Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year earnings outlook after adjusted third-quarter…
U.S. Inflation Reduction Act a risk to Europe’s industrial base, EU’s Vestager says
By Foo Yun Chee BRUSSELS (Reuters) – The U.S. Inflation Reduction Act and soaring energy prices pose a risk to…
Instant view: Bank of Canada surprises with smaller-than-expected interest rate increase
TORONTO (Reuters) – The Bank of Canada announced a smaller-than-expected 50-basis point rate hike on Wednesday and said future increases…
Kraft Heinz beats quarterly estimates as prices soar
By Mehr Bedi and Granth Vanaik (Reuters) -Kraft Heinz Co on Wednesday reported a surprise rise in quarterly revenue and…
Big Tech tumbles as results set off alarm bells
(Reuters) – Gloomy results from Alphabet and Microsoft stoked fears of a global economic downturn and derailed an earnings-led surge…
Harley cruises past Q3 earnings forecast on improved shipments, shares jump 11%
By Bianca Flowers (Reuters) – Harley-Davidson Inc on Wednesday reported higher-than-expected profit, briefly sending shares up 11% as consumer demand…