By Nivedita Balu (Reuters) -Shopify Inc beat estimates for quarterly revenue on Thursday and reported a smaller-than-expected loss, powered by…
McDonald’s tops profit estimates, draws low-income customers
By Uday Sampath Kumar and Hilary Russ (Reuters) -McDonald’s Corp beat quarterly comparable sales and profit estimates on Thursday, helped…
Analysis-Airbus widens A350 cabin in mile-high real estate war
By Tim Hepher PARIS (Reuters) – Airbus has unveiled a wider and longer cabin for its A350 in a battle…
Brazilian airline Gol posts smaller Q3 net loss on record revenue; shares jump
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Gol on Thursday reported a narrower third-quarter net loss on a yearly…
UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly
By Iain Withers and Lawrence White LONDON (Reuters) – Having hiked mortgage rates after political turmoil drove up the cost…
Aggressive rate hikes the name of the game for big central banks
LONDON (Reuters) – The European Central Bank delivered a second straight 75-basis-point interest rate hike on Thursday, the latest sign…
Euro slides after ECB’s more dovish tone on rate outlook
By Alun John LONDON (Reuters) -The euro dropped back below parity against the dollar as European government bond yields slid…
Lagarde comments at ECB press conference
FRANKFURT, Oct 27 (Reuters) – The European Central Bank raised its key interest rate by 75 basis points on Thursday…
Comcast quarterly revenue beats but broadband, advertising growth muted
By Eva Mathews and Helen Coster (Reuters) -Comcast Corp’s third-quarter revenue edged past Wall Street’s expectations on Thursday, thanks to…
Biden says U.S. Q3 growth shows economic recovery ‘continuing to power forward’
WASHINGTON (Reuters) – President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was…