By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide…
Intel trims full-year forecast, battered shares rise
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its full-year profit and revenue forecast…
Volkswagen, Continental announce nearly $1 billion in Mexico investments
MEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly…
Pinterest soars as revenue beat stands out in social media gloom
By Vansh Agarwal and Shreyaa Narayanan (Reuters) -Pinterest Inc beat estimates for quarterly revenue on Thursday, making it a rare…
PetroChina Jan-Sept net income up 60% at record $16.7 billion
By Chen Aizhu SINGAPORE (Reuters) -Asia’s largest oil and gas producer PetroChina Co Ltd reported a 60% year-on-year rise in…
S&P 500, Nasdaq slide, while Dow ends higher on mixed earnings picture
By Stephen Culp NEW YORK (Reuters) – The S&P 500 and the Nasdaq posted losses on Thursday, as investors contended…
Mexico’s Televisa posts 47% jump in Q3 net profit
(Reuters) – Grupo Televisa, Mexico’s largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier,…
ECB raises interest rates again, cuts bank subsidies
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday and…
Chemical maker TPC Group reaches $30 million bankruptcy settlement
By Dietrich Knauth (Reuters) – Bankrupt Texas petrochemical producer TPC Group on Thursday announced a $30 million settlement with junior…
Gilead profit tops expectations despite lower COVID drug sales, outlook raised
By Deena Beasley (Reuters) – Gilead Sciences Inc on Thursday posted a higher-than-expected third-quarter profit on the back of strong…