(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…
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…
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…
U.S. carrier Alaska exercises options to buy 52 more MAX jets from Boeing
(Reuters) – Alaska Airlines will exercise options to purchase 52 more 737 MAX jets from U.S. planemaker Boeing Co as…
Twitter shares drift towards Musk’s offer price as deadline looms
(Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the micro-blogging site on…
Chipmaker UMC cuts capex in readiness for prolonged downturn
By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) has cut this year’s planned capital expenditure by…