By Andy Sullivan and Jacqueline Thomsen WASHINGTON (Reuters) – In the months leading up to the U.S. midterm elections, lawyers for Democrats and Republicans are already squaring off in a …
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By Chibuike Oguh NEW YORK (Reuters) -Apollo Global Management Inc reported a 6% year-on-year increase in its third-quarter net income on Wednesday, as strong growth in fee revenue driven by …
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Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week
by Reutersby Reuters(Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …
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Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week
by Reutersby Reuters(Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …
- US and World News
Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week
by Reutersby Reuters(Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …
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Sodexo sees demand for catering and vouchers lifting margins
by Reutersby ReutersBy Diana Mandia (Reuters) -Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies outsource their catering and benefits needs and the French food …
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By Yuvraj Malik and Helen Coster (Reuters) -Paramount Global reported on Wednesday quarterly revenue that fell short of analysts’ estimates as the media giant struggled with an extended weakness in …
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Yum beats sales estimates as customers flock to KFC, Taco Bell deals
by Reutersby ReutersBy Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company’s KFC value deals and $2 Taco Bell burritos pulled …
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Palestinians fear Israeli election result could mean more violence
by Reutersby ReutersBy Nidal al-Mughrabi and Ali Sawafta GAZA/WEST BANK (Reuters) -The prospect of Benjamin Netanyahu returning to power at the head of one of the most right-wing coalitions in Israeli history …
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Ukraine conflict, sanctions set to blow hole in Russia’s finances
by Reutersby ReutersBy Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …
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Ukraine conflict, sanctions set to blow hole in Russia’s finances
by Reutersby ReutersBy Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …
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Ukraine conflict, sanctions set to blow hole in Russia’s finances
by Reutersby ReutersBy Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …
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Canada Goose cuts revenue, profit forecast as China business takes hit
by Reutersby ReutersBy Granth Vanaik (Reuters) – Luxury parka maker Canada Goose Holdings Inc cut its full-year revenue and profit forecast on Wednesday, with persistent COVID-related lockdowns and store closures in China …
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U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds
by Reutersby Reuters(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a …
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U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds
by Reutersby Reuters(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a …
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China vows commitment to growth as investors bet on easier COVID policy
by Reutersby ReutersHONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with reforms, helping further boost stock markets buoyed by hopes that …
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Data provider Alation valued at $1.7 billion after Thoma Bravo-backed fundraise
by Reutersby Reuters(Reuters) – Alation Inc raised $123 million in a late-stage funding round backed by private equity firm Thoma Bravo that valued the data intelligence platform at $1.7 billion, the company …
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Brazilian authorities make headway clearing Pro-Bolsonaro blockades
by Reutersby ReutersBy Ana Mano SAO PAULO (Reuters) – Brazilian authorities said on Wednesday they are making headway in their efforts to clear blockades set up across the country by truckers to …
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Brazilian authorities make headway clearing Pro-Bolsonaro blockades
by Reutersby ReutersBy Ana Mano SAO PAULO (Reuters) – Brazilian authorities said on Wednesday they are making headway in their efforts to clear blockades set up across the country by truckers to …
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U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on …
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Washington state sues to block Albertsons’ $4 billion payout to shareholders
by Reutersby Reuters(Reuters) -Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc from paying dividends to shareholders before closure of its proposed merger …
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OPEC oil output falls by 20,000 bpd in October -Reuters survey
by Reutersby ReutersABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and September, …
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Videos showing Iranian crackdown on protesters go viral as anger grows
by Reutersby ReutersDUBAI (Reuters) -Videos on social media showing Iranian security forces severely beating protesters have gone viral as anger grows at a widening crackdown with arrests of prominent figures from rappers …
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Estee Lauder cuts forecasts on China curbs, tightening inventories
by Reutersby ReutersBy Ananya Mariam Rajesh (Reuters) -Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the most important holiday season, blaming lockdowns in China and American retailers cutting …
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New York Times raises annual profit forecast as subscription bundling pays off
by Reutersby Reuters(Reuters) -The New York Times Co raised its full-year forecast for adjusted operating profit on Wednesday, a sign that the media organization’s plan of bundling subscriptions was helping offset a …