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…
U.S. new home sales fall in September; prices remain high
WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped in September and data for the prior month was revised…
General Dynamics beats on profit, helped by business jets and marine
By Nathan Gomes and Allison Lampert (Reuters) -Gulfstream business jet maker General Dynamics Corp on Wednesday reported a third-quarter profit…
Exchange operator CME tops profit views as trading volumes surge
(Reuters) – Futures exchange operator CME Group Inc reported third-quarter profits that beat expectations as volatility in the global markets…
BASF expects majority of European job cuts to be handled via attrition
FRANKFURT (Reuters) – BASF said it expects the majority of job cuts in Europe, part of as-yet unspecified cutbacks over…
Temasek shifts president, CFO in management shuffle
(Reuters) – Singapore’s Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as…
Rouble pares losses as finance ministry holds OFZ bond auctions
By Alexander Marrow MOSCOW (Reuters) – The rouble reversed early losses to edge up on Wednesday, drifting back towards the…
Bank instant payment shift to help business and consumers, says EU
By Huw Jones LONDON (Reuters) -Forcing banks across the European Union to offer instant payments in euros is a “seismic”…