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  • Financial News

    Corteva raises forecast as demand for seeds, crop protection products booms

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Ruhi Soni (Reuters) -Corteva Inc on Thursday raised its full-year sales and profit forecasts as the crop protection products maker benefits from surging demand from farmers looking to cash …

  • Financial News

    Beyond Meat cuts sales forecast as consumers shun pricier faux meat

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Praveen Paramasivam (Reuters) -Beyond Meat Inc on Thursday lowered its revenue forecast for the year and announced job cuts as rising inflation hurt the company’s efforts to make its …

  • Top HeadlinesUS and World News

    DeSantis suspends Florida prosecutor for refusing to enforce abortion law

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    (Reuters) -Florida Governor Ron DeSantis on Thursday suspended an elected state attorney without pay, accusing him of neglecting his duties and incompetence for saying he would not prosecute anyone who …

  • Financial News

    EU antitrust regulators quiz developers on Google app payments – sources

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Foo Yun Chee BRUSSELS – EU antitrust regulators have asked app developers whether Alphabet unit Google’s threat to remove apps from its Play Store if they use other payment …

  • Financial News

    Facebook parent Meta set to raise $10 billion in bond debut -sources

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Nivedita Balu and Shankar Ramakrishnan (Reuters) -Facebook-parent Meta Platforms Inc is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share …

  • Financial News

    Amgen bets on ChemoCentryx’s rare disease drug in $3.7 billion deal

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Manas Mishra (Reuters) -Amgen Inc on Thursday agreed to buy ChemoCentryx Inc for $3.7 billion to gain access to a potential blockbuster treatment for inflammatory disorders and beat quarterly …

  • Financial News

    Goldman discloses probe into U.S. credit card division

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    (Reuters) – Goldman Sachs Group Inc’s credit card business is being investigated by a top U.S. consumer watchdog, the bank disclosed in a regulatory filing on Thursday. The investigation by …

  • Financial News

    Biden meets CEOs of GM, Carrier, urges Congress to pass drug, tax bill

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    WASHINGTON -U.S. President Joe Biden met Thursday with labor leaders and CEOs from General Motors, Carrier, Kaiser Permanente and other companies to press Congress to pass the drug, climate and …

  • Financial News

    Argentina’s Massa orders immediate spending limits in first step

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Jorgelina do Rosario and Maximilian Heath BUENOS AIRES -Argentina’s new economy chief took a first step toward imposing new restraints on government expenditures, spending that has fueled one of …

  • Financial News

    Three ships with corn authorised to set out from Ukrainian ports on Friday

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    ISTANBUL -Three ships carrying a total of 58,041 tonnes of corn have been authorised to leave Ukrainian ports on Friday as part of a deal to unblock grain exports, the …

  • Financial News

    DoorDash rides resilient delivery demand to raise key forecast

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Deborah Mary Sophia (Reuters) -DoorDash Inc raised its annual target for a key industry metric on Thursday, saying it does not expect a slowdown in demand as consumers continue …

  • Top HeadlinesUS and World News

    Former Puerto Rican Governor Vazquez arrested for accepting political favors

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Ivelisse Rivera and Kylie Madry SAN JUAN – U.S. authorities on Thursday announced criminal charges against former Puerto Rico Governor Wanda Vazquez, who was in office from 2019 to …

  • Financial News

    Oil drops with dollar on recession fears; Wall Street ends mixed

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Kevin Buckland OTTAWA – Crude oil sank with Treasury yields and the dollar on Thursday as recession worries intensified following the Bank of England’s warning of a drawn-out downturn …

  • Financial News

    Corporate earnings underpin TSX as oil prices slide

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Fergal Smith TORONTO – Canada’s main stock index edged higher on Thursday as gains for consumer and industrial shares offset fresh lows for oil prices that pressured the energy …

  • Financial News

    MP Materials profit more than doubles on higher rare earths prices

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    (Reuters) -Rare earths miner MP Materials Inc reported a better-than-expected quarterly profit on Thursday due to rising demand and prices for the materials used to make electric vehicles and a …

  • Financial News

    Rogers says Canada’s antitrust bureau must expedite Shaw M&A hearing

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Divya Rajagopal TORONTO – Rogers Communications said on Thursday that Canada’s competition commissioner has a “statutory obligation” to expedite the hearing into the company’s proposed acquisition of Shaw Communications …

  • Financial News

    Dollar slides as investors turn attention to U.S. jobs data

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Lananh Nguyen NEW YORK – The dollar weakened against most major currencies on Thursday as support from the Federal Reserve’s hawkish messaging subsided and investors turned their attention to …

  • Financial News

    Canadian Natural’s profit more than doubles as energy prices surge

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Nia Williams and Arunima Kumar (Reuters) -Canadian Natural Resources Ltd on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude …

  • Financial News

    Credit Suisse mulls cutting thousands of jobs globally, report says

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    (Reuters) -Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. Hours after the news, Fitch Ratings cut …

  • Financial News

    Italy unveils new $17.4 billion package against inflation

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Giuseppe Fonte, Angelo Amante and Giselda Vagnoni ROME -Italy approved on Thursday a new aid package worth around 17 billion euros ($17.4 billion) to help shield firms and families …

  • Top HeadlinesUS and World News

    In protests and politics, Canada’s ‘Freedom Convoy’ reverberates

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Nia Williams and Anna Mehler Paperny COUTTS, Alberta/TORONTO – In late January five friends, just a few years out of high school, piled into a rented camper van and …

  • Financial News

    Apollo’s Q2 earnings rise as Athene helps brave dealmaking slowdown

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Chibuike Oguh (Reuters) -Apollo Global Management Inc reported a 13% rise in second-quarter earnings on Thursday, as income from its annuities provider Athene more than compensated for a decline …

  • Financial News

    Oil prices hit lowest since Ukraine invasion amid recession fears

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Noah Browning LONDON/NEW YORK – Global oil prices dropped on Thursday to their lowest levels since before Russia’s February invasion of Ukraine, as traders fretted over the possibility of …

  • Financial News

    Retail investors perceive stocks, bonds to be more arcane than crypto – survey

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Medha Singh (Reuters) – Retail investors find well-established stocks and bond markets to be more arcane than the wild world of cryptocurrencies, a survey by the World Economic Forum …

  • Financial News

    Sun Life shares up after earnings beat, U.K. unit sale

    by Reuters August 4, 2022
    by Reuters August 4, 2022

    By Nichola Saminather TORONTO -Sun Life Financial shares jumped on Thursday after reporting a better-than-expected second-quarter profit and announcing the sale of its U.K. business as well as an asset …

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