Man wanted for strong armed phone robbery in botched Newark Facebook Marketplace sale
NEWARK, N.J. — Newark Public Safety Director Emanuel Miranda Sr. is asking for the public’s assistance in identifying a suspect who allegedly robbed a man during a pre-arranged phone sale earlier this…
Greece’s National Bank attracts strong demand in 20% stake sale – source
By Lefteris Papadimas ATHENS (Reuters) – Demand for a 20% stake in Greece’s National Bank (NBG) held by the country’s bank bailout fund was covered by more than six times on Tuesday,…
Salesforce’s strong stock price wooed some investors during third quarter – filings
By Svea Herbst-Bayliss NEW YORK (Reuters) – Boasting a booming share price, Salesforce attracted more investor cash during the third quarter even as one of the software company’s early public critics further…
Global EV sales stay strong, China hits record despite end of subsidies
(Reuters) – Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market research firm Rho Motion. China ended an…
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expected economic growth…
US says it’s working hard to have a strong consensus leaders’ declaration at APEC
By David Brunnstrom and Simon Lewis WASHINGTON (Reuters) – The United States is working hard to try to get a strong consensus leaders’ statement at this week’s Asia Pacific Economic Cooperation forum…
Strong demand drives surge in Dubai’s Emirates airline H1 profit
DUBAI (Reuters) – Emirates airline, Dubai’s flagship carrier, posted a significant jump in net profit for the first half of financial year 2023-24 on the back of strong demand, the company said…
Henkel ups outlook for 2023 on back of strong prices
(Reuters) -German consumer goods company Henkel on Thursday slightly raised its guidance for the year, saying strong pricing helped third-quarter growth. The group raised the lower end of its guidance for full-year…
Newly spun-off WK Kellogg beats revenue estimates on strong cereal demand
(Reuters) – WK Kellogg Co, the recently spun-off North American cereal business of Kellanova, beat Wall Street targets for third-quarter sales on Wednesday, as demand for its products withstood higher prices. Home…
Oil dives 4% to lowest since July on demand worry, strong dollar
By Shariq Khan BENGALURU (Reuters) -Oil prices fell more than 4% on Tuesday to their lowest since late July, as mixed Chinese economic data and rising OPEC exports eased fears about tight…
Foxconn sticks to strong end-of-year sales outlook
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying…
EOG Resources beats quarterly profit estimates on strong production
(Reuters) -U.S. shale oil producer EOG Resources on Thursday soared past Wall Street estimates for third-quarter profit and raised its annual production forecast amid resilient fuel demand. U.S. WTI crude prices climbed…
Clorox bets on strong inventory to help overcome cyber attack hit
By Juveria Tabassum (Reuters) -Clorox said on Wednesday it expects to rebuild customer inventory levels by the end of the current quarter, as it recovers from an August cyberattack that threw its…
Fed leaves rates unchanged, acknowledges strong economy
NEW YORK (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the…
From Amazon to McDonald’s, strong earnings show U.S. consumer resilience
By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) – In a strong quarter for earnings, the big consumer stocks have shone even brighter, thanks to results from McDonald’s, Chipotle Mexican Grill and…
Juniper Networks beats revenue estimates on strong enterprise spending
(Reuters) – Juniper Networks beat estimates for third-quarter revenue on Thursday as it benefited from higher network spending by cloud computing clients, sending its shares up 5% in extended trading. The results,…
United Rentals beats profit estimates on strong equipment demand
(Reuters) – Equipment rental company United Rentals on Wednesday beat estimates for third-quarter profit on strong demand for industrial tools as spending on infrastructure and construction projects ramped up. Demand for industrial…
Rheinmetall Q3 profits jump on strong ammunition sales
BERLIN (Reuters) – German defence contractor Rheinmetall said on Wednesday its third-quarter profitability jumped on strong demand for weapons and ammunitions, with operating profit expected to top consensus estimates by 15%. The…
Beiersdorf raises 2023 sales guidance on strong 9-month results
BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first nine months, driven by its consumer business…
PulteGroup beats profit estimates on strong demand for pricier homes
(Reuters) – PulteGroup beat Wall Street expectations for third-quarter profit on Tuesday, as even at higher prices the demand for new constructions remained strong due to an acute shortage of existing homes.…
In Cross-Town Rivalry, Trenton Seals Victory Over Ewing with Strong Fourth Quarter
TRENTON, NJ — A dominant fourth quarter helped Trenton defeat Ewing 28-13 in Friday night’s WJFL high school football matchup. Both teams came into the game with struggling records; Ewing stood at…
IMF wants strong budget, narrower deficit from Sri Lanka
NEW DELHI (Reuters) -The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and…
Asian FX reserves slip as central banks grapple with strong dollar
By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI (Reuters) – Asia’s central banks have spent this year defending their currencies against a strong U.S. dollar, paring foreign exchange reserves to multi-month lows in…
Fed’s Mester: Strong jobs data do not change underlying view on hiring
By Michael S. Derby (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said Friday that very strong hiring data for last month didn’t change her view on the state of…
Foxconn expects strong holiday sales in Q4, Sept sales slump
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, predicted on Thursday strong year-end holiday sales after September sales…
UAE’s non-oil business growth picks up in Sept on strong demand-PMI
DUBAI (Reuters) – Non-oil business activity in the United Arab Emirates expanded at a faster rate in September than the previous month, a survey showed on Wednesday, as new orders came in…
Breaking News
