Honeywell lifts annual profit outlook after quarterly results beat
(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly […]
China regulator to help lower financing costs of small businesses
BEIJING (Reuters) – China’s banking and insurance regulator said it would enhance credit support and lower the actual financing costs
Sri Lanka’s economy to shrink by 2% in 2023 – central bank
((This story has been corrected to add the word ‘contraction’ in the IMF estimate and change year to 2023, not
DTE Energy beats profit estimates on lower costs, non-utility gains
(Reuters) – U.S. electric and gas utility firm DTE Energy Co beat estimates for first-quarter profit on Thursday, as lower
Microsoft hits back at UK after Activision acquisition blocked
By Paul Sandle LONDON (Reuters) – Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of
Chinese EV giant BYD’s first-quarter profit jumps fivefold
BEIJING/SHANGHAI (Reuters) -Chinese electric vehicle giant BYD Co. posted a fivefold jump in its first-quarter profit on Thursday as the
China brokerage CITIC posts 3.6% rise in Q1 profit
BEIJING/SHANGHAI (Reuters) – CITIC Securities Co, China’s biggest brokerage, reported a 3.6% rise in first-quarter profit on Thursday, thanks to
Spain cuts 2024 budget deficit target to 3% of GDP
MADRID (Reuters) – The Spanish government intends to lower the budget deficit to the equivalent to 3% of gross domestic
Spain’s BBVA Q1 net profit beats forecasts on Mexico performance
By Jesús Aguado MADRID (Reuters) -Spanish banking group BBVA reported a 39% rise in first-quarter net profit on Thursday, beating
Textron’s profit rises on stronger pricing of business jets
(Reuters) – Textron Inc beat estimates for first-quarter profit on Thursday, as higher sales of pricier business jets in Aviation