By John Revill ZURICH (Reuters) -Barry Callebaut reported a drop in full-year operating profit as the world’s biggest chocolate maker…
Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) – Thomson Reuters Corp kept its financial guidance for this year…
Insurer AIA’s new business value edges up as China COVID curbs ease
(Reuters) -Asia-focussed insurer AIA Group Ltd reported a 1% rise in quarterly new business value on Tuesday as sales recovered…
Disney to test early merchandise access for U.S. Disney+ customers
By Lisa Richwine LOS ANGELES (Reuters) – U.S. subscribers to the Disney+ streaming service will be able to purchase new…
China aims to ship 25 million virtual reality devices by 2026
By Josh Ye HONG KONG (Reuters) – China released its first action plan dedicated to virtual reality on Tuesday, with…
Fox Corp beats revenue estimates on political ads demand
(Reuters) -Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising…
Toyota cuts output target amid chip crunch as profit tumbles 25%
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and…
Volkswagen sells WeShare to Berlin-based carsharing service
BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal…
Exclusive-Brazil coffee defaults spike for second year in a row
By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Brazilian coffee farmers are defaulting on contracts for a second…
Refiner Phillips 66 quarterly profit jumps on strong fuel demand
(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand…