By Sarah Morland and Marion Giraldo (Reuters) – Grupo SURA, Colombia’s largest investment company, on Tuesday cut its 2023 net profit forecast to between 2,400 and 2,700 pesos per share, …
Topic:
outlook
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FRANKFURT (Reuters) – German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a better-than-expected 18% rise in second-quarter net profit. The company, one …
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By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented pace of interest rate hikes …
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TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23% year-on-year but forecast a business …
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By Pritam Biswas and Laura Matthews (Reuters) – Intercontinental Exchange on Thursday reported second-quarter profit above Wall Street estimates as higher trading volumes at the New York Stock Exchange parent …
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(Reuters) – Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons demand. Net bookings totaled $2.9 billion in the quarter and …
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HONG KONG (Reuters) – Hong Kong’s June retail sales rose 19.6% from a year earlier in the seventh consecutive month of growth thanks to a tourism recovery and positive consumption …
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(Reuters) – Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of $93 per barrel as higher …
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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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By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central …
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By Ashitha Shivaprasad (Reuters) – Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would need a catalyst for another run to all-time highs, such …
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By Michal Aleksandrowicz (Reuters) – Forvia’s shares fell as much as 8% in early trading on Thursday, after a slight hike to the car parts maker’s annual targets failed to …
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(Reuters) – Auto parts distributor LKQ Corp lowered its full-year profit and sales guidance on Thursday, as falling commodity prices drag down growth prospects. LKQ, which also sells scrap and …
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By Sabrina Valle HOUSTON (Reuters) – Chevron Corp’s second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. …
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By Safiyah Riddle (Reuters) – Optimism about the near-term business outlook among manufacturers in the U.S. Mid-Atlantic region hit a nearly two-year high in July, as prices that firms received …
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By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday as it posted better than …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out an outlook that was more hawkish than what Wall Street’s …
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By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of …
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By Maiya Keidan TORONTO (Reuters) – Canadian mergers and acquisitions (M&A) volumes picked up in the second quarter driven primarily by some large proposed transactions, but dealmakers are cautious on …
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By Rishav Chatterjee (Reuters) -Shares of Bubs Australia pared most of their early losses on Thursday after opening about 9% lower, as the embattled baby formula maker launched a five-point …
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By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices …
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By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate hike last month, until the …
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(Reuters) – U.S. equity funds attracted inflows during the week ending June 28, buoyed by positive growth expectations as robust economic indicators eased concerns about higher borrowing costs. Investors purchased …
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MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening of economic activity stemming from a …
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BANGKOK (Reuters) – Thailand’s economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped by private consumption growth and a recovery in tourism, the …