Italy upbeat on LatAm exports, Mercosur pact would do more
By Gabriel Araujo SAO PAULO (Reuters) – Italy’s exports to Latin America’s largest economies are expected to grow by about 5% in 2024 even as it pushes for a landmark European Union…
Sterling nears three-month high; UK consumers more upbeat
By Amanda Cooper LONDON (Reuters) – The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a…
Trading in Nvidia ETFs shows traders preparing for upbeat earnings
By Suzanne McGee (Reuters) – Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker reports quarterly…
Applied Materials forecasts upbeat first-quarter revenue on resilient demand
By Samrhitha A (Reuters) -Applied Materials forecast first-quarter revenue above analysts’ estimates on Thursday, but the company’s shares fell more than 7% after the bell following a report that the semiconductor equipment…
Marketmind: UK inflation to test market’s upbeat mood
A look at the day ahead in European and global markets from Tom Westbrook Just one-tenth of a percentage point was enough to trigger big moves in global markets that were some…
Brazil’s BRF upbeat on Q4 domestic sales, chicken exports outlook
By Ana Mano SAO PAULO (Reuters) – Brazilian food processor BRF SA is optimistic with the outlook for sales during the final quarter of 2023 based on the strength of its well-known…
Wolfspeed jumps on upbeat quarterly forecast
(Reuters) – Chipmaker Wolfspeed on Monday forecast a smaller-than-estimated second-quarter loss as it expects a boost to its business from a ramp-up in production at its new New York factory, sending its…
Marriott projects upbeat revenue per room growth as travel demand stays strong
(Reuters) – Marriott International on Wednesday forecast two-year annualized global revenue per available room (RevPAR) growth of 3% to 6% by 2025, as the hotel operator expects resilient international travel demand. A…
SocGen equity strategists upbeat on S&P 500 near-term, cautious into 2024
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. S&P 500 is set to rise into the end of the year as investors price in a more upbeat economic outlook, according to…
Campbell Soup sees upbeat annual profit on easing costs, snack demand
By Deborah Mary Sophia (Reuters) – Campbell Soup forecast annual profit largely above Wall Street estimates on Thursday, encouraged by easing costs and steady demand for its snacks even as inflation-weary consumers…
Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
By Himanshi Akhand and John Biju (Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook on consumer behaviour with rising borrowing costs…
S&P 500 quarterly earnings have been upbeat; revenue not so much
By Noel Randewich (Reuters) – S&P 500 companies have been reporting upbeat bottom lines for the June quarter, but not such impressive increases in their revenue. With second-quarter reporting season nearly complete,…
Apollo’s second-quarter earnings surge 75% on upbeat annuities business
By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its retirement services…
Jose Cuervo maker maintains annual guidance, upbeat on coming months
MEXICO CITY (Reuters) – Mexican distiller Becle, the world’s largest tequila producer, said on Friday that it maintained its guidance of annual sales in the high single digits on a constant currency…
L’Oreal upbeat on China despite market’s softer rebound
By Mimosa Spencer PARIS (Reuters) – Second-quarter sales at French cosmetics giant L’Oreal slightly beat expectations, as a rebound in China helped offset slower growth in the United States where the rising…
Marketmind: Markets shrug off upbeat news from Japan and China
A look at the day ahead in European and global markets from Sonali Desai Japan’s June inflation data hopped onto a widening trend for price pressures to start showing signs of peaking,…
Mining gear maker Epiroc upbeat on outlook after profit jump
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 forecast quarterly…
PNC Financial’s interest income forecast trim clouds upbeat quarter
(Reuters) – PNC Financial Services Group on Tuesday cut its forecast for full-year net interest income (NII), casting a shadow over the lender’s second-quarter earnings beat. Shares of the bank fell nearly…
Australia upbeat on global tax talks at G20 in India
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India.…
Local markets more upbeat about Brazil’s economy under Lula, poll shows
SAO PAULO (Reuters) – Financial market participants in Brazil are increasingly optimistic about the country’s economic prospects under leftist President Luiz Inacio Lula da Silva, a poll showed on Wednesday, with the…
Marketmind: Dollar swoons in upbeat inflation vigil
A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar slide to…
Marketmind: Markets upbeat, China cheer at last
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The mood across Asia at the midpoint of the week is increasingly…
France upbeat on attracting major Tesla investment – Le Maire
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected…
Turkey’s upbeat Kilicdaroglu says election will bring a new spring
By Ece Toksabay and Huseyin Hayatsever ANKARA (Reuters) – He is not as charismatic as Turkey’s President Tayyip Erdogan, but mild-mannered Kemal Kilicdaroglu is optimistic about his chances of beating Erdogan in…
BOJ chief upbeat on Asia’s economy, points to bank resilience
By Leika Kihara INCHEON, South Korea (Reuters) – Bank of Japan Governor Kazuo Ueda said on Tuesday the downside risks to Asia’s economy were smaller than those to other parts of the…
Breaking News
