A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last week’s rally, led by China shares, amid talk that all of …
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By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year for China, saying that while …
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(Reuters) – CrowdStrike Holdings on Wednesday raised its full-year outlook and forecast third-quarter revenue and profit above market estimates, as more clients turn to its integrated cybersecurity offerings to combat …
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(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating …
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By Nia Williams (Reuters) – The government of British Columbia said it would largely lift travel restrictions to the province’s wildfire-hit interior on Tuesday, as rain and cooler weather helped …
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By Noel Randewich (Reuters) – The U.S. economy is likely growing at a 5.8% annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday …
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COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since March 2020, according to …
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By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO (Reuters) – Japan’s government bond market has turned into a cat-and-mouse arena for investors and the Bank of Japan, as the latter tries …
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(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3% …
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(Reuters) – Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well …
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(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and personal care products including liquid …
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By Ludwig Burger (Reuters) -French drugmaker Sanofi on Friday increased its guidance for full-year earnings, citing strong sales of anti-inflammatory treatment Dupixent and closely-watched new drug launches. The Paris-based drugmaker …
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(Reuters) – Kimberly-Clark Corp raised its full-year sales and profit forecasts on Tuesday, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resilient demand for essential …
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By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the company topped analysts’ estimates for second quarter profit, helped by …
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(Reuters) – Morgan Stanley raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects a “comfortable” soft-landing for the …
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(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand and easing shortages of labor and construction supplies, sending its …
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(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it …
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By Steve Holland and Daphne Psaledakis WASHINGTON (Reuters) -The United States has lifted certain aid restrictions on Ethiopia in light of progress on human rights, White House national security spokesperson …
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By Nivedita Balu and David Ljunggren TORONTO (Reuters) -Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to …
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BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at …
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By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and …
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(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth …
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SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. Late …