Transgendered Army pilot sues conservative influencer for false posts in deadly crash in D.C.
WASHINGTON, D.C. — A transgender Army National Guard pilot has filed a federal defamation lawsuit against a right-wing social media influencer after being falsely identified as the pilot in a deadly aviation…
SoftBank’s chip tech firm Arm posts record 2021 revenue
By Jane Lanhee Lee SAN FRANCISCO – SoftBank Group Corp’s chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive Rene Haas told Reuters its business for…
Brazil’s Petrobras posts $9 billion profit as Bolsonaro rails against company
By Gram Slattery and Roberto Samora RIO DE JANEIRO – Brazil’s Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the…
U.S. productivity posts biggest decline since 1947 in first quarter
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue contributing to…
Brazilian brewer Ambev posts Q1 earnings beat as volumes grow
SAO PAULO – Brazilian brewer Ambev SA’s first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South American units, it said on Thursday, beating…
Wealth manager AMP’s Australia unit posts net cash outflows on uncertainties
(Reuters) – AMP Ltd said on Thursday its Australian wealth management business logged another quarter of cash outflows as it continued to lose investors amid market uncertainty due to the Russia-Ukraine war,…
Hedge fund Citadel posts gains in April as markets fell
By Svea Herbst-Bayliss BOSTON – Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average hedge fund returns which were in the…
Mitsui posts record profit on strong metals, offsetting Russia loss
By Yuka Obayashi TOKYO -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied natural gas…
U.S. dollar net long bets rise, bitcoin posts largest net long since CME launch -CFTC, Reuters
By Gertrude Chavez-Dreyfuss NEW YORK – Speculators’ net long positioning on the U.S. dollar rose in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released…
Brazil central govt posts smaller-than-forecast deficit in March
BRASILIA – Brazil’s central government reported better than expected fiscal numbers in March, once again supported by higher tax revenue, and suggested a brighter fiscal picture for 2022. The central government recorded…
China’s Huawei posts Q1 revenue drop, says handsets now more available
SHENZHEN, China – China’s Huawei Technologies said on Thursday its first-quarter revenues slipped 13.9% from a year earlier, with new business areas yet to reverse the company’s waning fortunes brought about by…
Swiss National Bank posts $34 billion loss as bond losses bite
ZURICH – The Swiss National Bank reported a first quarter loss of 32.8 billion Swiss francs ($33.75 billion), the central bank said on Thursday, as lower bond prices and the higher franc…
Gold miner Newmont posts fall in first-quarter profit
(Reuters) -Newmont Corp on Friday posted a fall in first-quarter profit, as the world’s biggest gold miner was hurt by lower gold sales volumes. Miners have been dealing with labor disruptions and…
Japan posts trade gap far wider than forecasts as China exports slow, energy imports soar
By Daniel Leussink TOKYO – Japan recorded a trade deficit in March that was more than four times wider than market forecasts, as China-bound exports slowed sharply while soaring energy prices raised…
Liz Cheney Posts Record Fundraising Numbers As She Fights To Stay In Power
Liz Cheney Posts Record Fundraising Numbers As She Fights To Stay In Power Sebastian Hughes on April 11, 2022 Republican Rep. Liz Cheney of Wyoming raised a record $2.94 million in the…
Australia’s Lynas posts record revenue on strong demand for rare earths
(Reuters) -Australia’s Lynas Rare Earths on Tuesday posted a record quarterly revenue as demand for the specialized metals it mines surged amid a global push to electrify vehicles and curb carbon emissions.…
China’s biggest bank ICBC posts 10.7% rise in Q4 profit
SHANGHAI – Industrial and Commercial Bank of China (ICBC),, the world’s largest-listed lender by assets, reported a 10.65% rise in fourth-quarter net profit on Wednesday. Net profit for the three months ended…
Top China brokerage CITIC posts 55% rise in 2021 profit on investment gains
BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12 months ended…
Crypto sector posts outflows for 2nd straight week – CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK – Cryptocurrency investment products and funds showed net outflows for a second straight week, a report from digital asset manager CoinShares showed on Monday, on persistent concerns…
Brazil trade balance posts biggest February surplus in five years
BRASILIA – Brazil posted a $4 billion trade surplus in February, the strongest performance for the month since 2017, official data showed on Thursday, amid higher volumes and prices of exported goods.…
Japan’s Feb factory activity posts slowest growth in 5 months – PMI
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output, even before…
Bank of Ireland posts highest profit in more than a decade
DUBLIN – Bank of Ireland on Monday posted its biggest annual profit since the global financial crisis more than a decade ago and said it plans to return of 104 million euros…
Canada posts budget surplus in December 2021, first since pandemic onset
OTTAWA, Feb 25 – – Canada in December recorded its first monthly surplus since the onset of the COVID-19 pandemic, while its deficit in the first nine months of fiscal 2021/22 continued…
Australia’s Lynas posts record profit on rare earths demand
– Australia’s Lynas Rare Earths Ltd posted a record first-half profit on Friday, helped by a surge in demand for the minerals used in electric vehicles amid a global push for reducing…
EOG Resources posts higher profit as crude prices scale multi-year highs
– U.S. shale oil firm EOG Resources Inc on Thursday reported a jump in fourth-quarter profit as crude prices soared to multi-year highs following a rebound in demand as the pandemic ebbs.…
Occidental Petroleum posts profit on soaring crude prices
– U.S. shale producer Occidental Petroleum Corp on Thursday reported a fourth-quarter profit compared with a year-ago loss, as a recovery in demand has driven crude prices to multi-year highs from pandemic-driven…
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