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…
Xponential denies short-seller’s allegations, says franchisee economics ‘strong’
(Reuters) – Xponential Fitness on Wednesday denied allegations made by Fuzzy Panda Research that the fitness chain was hiding losses at its brands and stores, saying the short-seller’s report was “misleading” and…
Carnival set to post strong revenue growth as new, younger customers drive demand
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising. While Americans…
Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the back of robust growth in the first…
Canada’s strong retail sales for April, May bolster chances for rate hike
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May, data showed on Wednesday, bolstering the chances that the Bank of Canada…
Strong relations between BMW and China a ‘win-win’ -CEO
(Reuters) – BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles, said CEO Oliver Zipse after Chinese Premier Li Qiang visited the German…
U.S. sweet, sour oil price spread narrows on strong sour demand
By Arathy Somasekhar HOUSTON (Reuters) – U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as demand for higher sulfur crudes climbed from refineries and exporters while supplies…
BlackRock sees strong demand for infrastructure investments in Saudi Arabia
NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday. Speaking at…
ALAN DERSHOWITZ: The DOJ’s Indictment Against Trump Is Strong, But Will It Be Enough To Take Him Down?
ALAN DERSHOWITZ: The DOJ’s Indictment Against Trump Is Strong, But Will It Be Enough To Take Him Down? Alan M. Dershowitz on June 12, 2023 The evidence against the former president is…
Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing…
Japan’s Q1 GDP growth seen revised up on strong capex: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew more than initially estimated in the first three months of this year, thanks to solid investments by manufacturers, a Reuters poll showed.…
Mexican peso to stay strong despite end of cenbank tightening cycle – analysts
By Noe Torres MEXICO CITY (Reuters) – The Mexican peso could remain the top performer among major global currencies in the coming weeks, despite Mexico’s central bank choosing to halt a nearly…
Ross Stores lifts annual profit forecast on strong demand, easing freight costs
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 easing freight…
Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment
LONDON (Reuters) – Martin Sorrell’s S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient and navigate pressure from clients seeking to cut costs. S4, founded by…
Johnson Controls beats estimates on strong demand, raises annual profit guidance
(Reuters) – Johnson Controls International posted quarterly earnings ahead of analysts’ expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial buildings, sending its shares nearly 5% higher…
Booking Holdings beats profit estimates on strong travel demand
(Reuters) – Booking Holdings Inc reported a better-than-expected profit for the first quarter on Thursday, as the online travel agency benefited from pent-up demand that drove consumers to book flights and hotels…
Insurer AIG exceeds profit estimates on strong underwriting gains
(Reuters) – American International Group Inc beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns. AIG, one of the world’s biggest…
Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indicated, as robust services more than offset a downturn in manufacturing, according…
Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the back of strong demand for its automation…
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers industry-wide have lately been relying on sales…
Simon Property revenue beats on strong leasing demand
(Reuters) – Simon Property Group Inc’s first-quarter revenue beat market expectations on Tuesday, benefiting from a strong leasing demand after pandemic-induced store closures. Despite growing fears of a recession in the United…
Wells Fargo CEO says regional banks are strong, but expects turmoil
By Carolina Mandl and Svea Herbst-Bayliss BEVERLY HILLS, California (Reuters) – Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is “extremely strong” but added he expects more…
Cummins raises full-year revenue outlook on strong demand for parts
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across its markets. Supply chain issues, which led…
Singapore private residential prices rise 3.3% in Q1, signals strong demand
(Corrects to restore dropped word in first paragraph) SINGAPORE (Reuters) – Singapore’s private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing…
Chipotle Mexican Grill stock heats up to record high after strong results
By Chibuike Oguh NEW YORK (Reuters) – Shares of Chipotle Mexican Grill Inc soared to a record high on Wednesday after the burrito chain beat analysts’ estimates for first-quarter profit and sales.…
PPG Industries exceeds profit expectations, forecasts strong FY earnings
(Reuters) – PPG Industries Inc on Thursday surpassed street estimates, as the industrial coatings supplier accelerated its margin recovery on the back of higher prices and sales volumes, and forecast better-than-expected full-year…
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