DUBAI – Qatar’s economy grew 2.5% in the first quarter from a year earlier, although the growth fell slightly from the previous quarter, official estimates showed on Tuesday. Qatar’s real …
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- Business News
Mitsubishi Motors Reports Second Quarter 2022 Sales, Outlander Sales Performance Continues to Lead the Way
by Your Newsby Your NewsThe 2022 Outlander has earned outstanding customer and media accolades since launching in February of 2021. In that time, the seven-passenger SUV marked its best-four consecutive-quarters of retail-only sales since …
- Financial News
Exxon signals operating profits could double over the first quarter
by Reutersby ReutersBy Sabrina Valle HOUSTON -Exxon Mobil Corp on Friday signaled that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according to a securities filing. Energy …
- Financial News
Whirlpool to exit Russia, take $300 million-$400 million hit in second quarter
by Reutersby Reuters(Reuters) – Whirlpool Corp has struck a deal to sell its operations in Russia to Turkish appliances maker Arçelik AS, the U.S. company said on Tuesday, a move which will …
- Business News
Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2022 Earnings
by Your Newsby Your NewsMCLEAN, Va., June 21, 2022 — On Thursday, July 21, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its second quarter 2022 earnings …
- Financial News
Bank Indonesia to hold rates in June but start hiking next quarter
by Reutersby ReutersBy Arsh Tushar Mogre and Shaloo Shrivastava BENGALURU -Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll …
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PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central bank said on Tuesday. The …
- Business News
NEW YORK COMMUNITY BANK TO ELIMINATE NON-SUFFICIENT FUND FEES; TO ROLL OUT EARLY PAY PRODUCT DURING THIRD QUARTER
by Your Newsby Your NewsHICKSVILLE, N.Y., June 6, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) the parent holding company of New York Community Bank (the “Bank”) today announced the elimination …
- Business News
VACANT ZOMBIE PROPERTIES RISING IN SECOND QUARTER AMID JUMP IN FORECLOSURE ACTIVITY
by Your Newsby Your NewsZombie Foreclosures Up 3 Percent from First to Second Quarter of 2022 as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks First Gain in a Year; …
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WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that …
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SAO PAULO – Brazil’s jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE said on Tuesday. The unemployment …
- Financial News
French economy shrank in first quarter as inflation unnerves consumers
by Reutersby ReutersPARIS – France’s economy shrank unexpectedly in the first quarter as consumers struggled to cope with surging inflation, official data showed on Tuesday, putting pressure on President Emmanuel Macron heading …
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ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter of this year, and he …
- Financial News
Ad group S4 Capital posts 35% first quarter gross profit growth
by Reutersby ReutersLONDON – Martin Sorrell’s digital advertising group S4 Capital reported a 34.5% rise in first-quarter gross profit and reiterated its full-year outlook, saying it expected robust demand despite forecasts of …
- Financial News
Egypt’s foreign debt rose by $8.1 billion in last quarter of 2021
by Reutersby ReutersCAIRO – Egypt’s net external debt climbed by $8.1 billion in the fourth quarter of 2021, central bank data showed on Sunday. Egypt had been increasing its borrowing to plug …
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By Lucy Raitano LONDON – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to a closely-watched global report, though …
- Financial News
Third Point’s Loeb turns back on Disney, cools on Amazon in first quarter
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON – Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first invested and began urging the …
- Financial News
Broadcaster ITV says ad market will get tougher after ‘robust’ quarter
by Reutersby ReutersLONDON – British broadcaster ITV said advertising markets would get much tougher in the months ahead, reflecting the absence of last year’s European Football championship, while it was mindful of …
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NEW YORK – Economic growth in emerging markets is set to slow “sharply” this quarter weighed by China, Russia and the spread of tighter monetary conditions, JPMorgan analysts said on …
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PARIS – France’s economy will escape from stagnation in the current quarter and eke out meagre growth, although inflation will continue to weigh on consumers, the INSEE official statistics agency …
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NEW YORK, May 5, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 million or $1.70 a share …
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Recorded $350 million GAAP revenue, including record-high $336 million non-GAAP residential revenue, 41% year-over-year residential growth Added 16,500 customers, 40% year-over-year growth Entered second quarter with a record 13,800 backlog, …
- Business News
CON EDISON REPORTS 2022 FIRST QUARTER EARNINGS USA – English USA – English
by Your Newsby Your NewsNEW YORK, May 5, 2022 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 million or $1.70 a share …
- Financial News
Axa reports 2% rise in first quarter revenue, keeps 2023 targets
by Reutersby ReutersPARIS -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings. Europe’s second-biggest insurer, behind Allianz, …
- Financial News
Brazil’s BRF pledges changes after bad first quarter; shares tumble
by Reutersby ReutersBy Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in its domestic market, and vowed …