PARIS (Reuters) -The European Union Aviation Safety Agency said on Tuesday it had adopted a U.S. safety alert calling for checks on some Boeing 737-900ER jets. The U.S. Federal Aviation …
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By Sam Tobin LONDON (Reuters) – Apple on Tuesday asked a London tribunal to throw out a mass lawsuit valued at around $1 billion brought on behalf of more than …
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(Reuters) – Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by U.S. states into whether it misled consumers about the safety of its …
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US envoy McGurk in Cairo to focus on humanitarian pause, hostage deal
by Reutersby ReutersBy Jeff Mason WASHINGTON (Reuters) – U.S. Middle East envoy Brett McGurk is in Cairo and will travel in the region for “active” discussions on ensuring the release of hostages …
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Invesco reports fourth-quarter loss on impairment charge, lower fees
by Reutersby Reuters(Reuters) – Asset manager Invesco on Tuesday, reported a loss in the fourth quarter compared to a profit last year, hurt by lower fees and a non-cash asset impairment charge …
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Mexico inflation seen back on downward slide in early January: Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexican headline inflation likely eased in the first half of January after ticking up for the past four consecutive half-month periods, a Reuters poll showed on …
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J&J profit edges past Street view after deals delay Stelara competition
by Reutersby ReutersBy Bhanvi Satija and Patrick Wingrove (Reuters) – Johnson & Johnson on Tuesday reported quarterly results just above Wall Street expectations, helped by strong sales of its blockbuster psoriasis drug …
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3M annual profit forecast squeezed by sluggish electronics, China demand
by Reutersby ReutersBy Kannaki Deka (Reuters) -Industrial conglomerate 3M forecast full-year earnings below Wall Street estimates on Tuesday, saying the macro environment “remains muted” and sending its shares plunging about 12%. The …
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Fed hawks, doves, and centrists: Tracking US central bankers’ views
by Reutersby Reuters(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to …
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BP sees Trinidad deepwater gas project getting greenlight as soon as 2025
by Reutersby ReutersBy Curtis Williams PORT OF SPAIN (Reuters) – BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight …
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By Ananya Mariam Rajesh (Reuters) – Procter & Gamble cut its annual profit forecast on Tuesday to reflect a writedown in the value of its Gillette business, but the company’s …
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By Gnaneshwar Rajan and Gursimran Mehar (Reuters) -The U.S. health regulator on Monday asked a host of drugmakers, including Gilead Sciences, Johnson & Johnson and Novartis, to add a serious …
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Risk of EU prices rising, growth slowing from Red Sea attacks -EU trade chief
by Reutersby ReutersBRUSSELS (Reuters) – The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to …
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European shares dip amid caution ahead of ECB policy decision; miners limit losses
by Reutersby ReutersBy Shashwat Chauhan and Shristi Achar A (Reuters) -European equities ended lower on Tuesday as investors refrained from making big bets ahead of the European Central Bank’s policy meeting later …
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D.R. Horton misses profit estimates on higher incentives; shares fall
by Reutersby ReutersBy Ananta Agarwal (Reuters) -D.R. Horton Inc missed estimates for its first-quarter profit on Tuesday, as it offered higher incentives and cut base price on new homes to spur demand …
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By Seher Dareen (Reuters) – Halliburton beat quarterly profit expectations on Tuesday, helped by strength in its drilling and evaluation business, especially in overseas markets, sending its shares up more …
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Defense firm Lockheed forecasts dour 2024 profit on supply chain woes
by Reutersby ReutersBy Shivansh Tiwary and Mike Stone (Reuters) – Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor’s largest aeronautics segment that makes …
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Stellantis CEO says Italy’s hard line on incentives is hurting output
by Reutersby ReutersATESSA, Italy (Reuters) -Italy’s penny-pinching approach to incentives has meant several months of reduced automotive production, the head of Stellantis, the country’s sole major automaker, said on Tuesday. “Stellantis has …
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US defense secretary makes first public appearance, virtually, since hospitalization
by Reutersby ReutersWASHINGTON (Reuters) -U.S. Defense Secretary Lloyd Austin made his first public appearance, virtually and from home since his secret hospitalization, during a meeting on Ukraine’s military needs on Tuesday but …
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By Supantha Mukherjee and Olivier Sorgho STOCKHOLM (Reuters) -Ericsson said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after …
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By Andrew Osborn LONDON (Reuters) -The U.S. Central Intelligence Agency has released a Russian-language video to try to persuade Russian intelligence employees to switch sides and work as double agents …
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BERLIN (Reuters) – Germany’s motor transport authority KBA has initiated proceedings against BMW over suspicion of manipulating emissions values in its X3 2-litre diesel model, newspaper Bild reported on Tuesday. …
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By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -General Electric Co flagged lower-than-expected profit in its current quarter, citing the sluggish pace of improvements at its renewable business, after fourth-quarter …
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Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says
by Reutersby ReutersNEW YORK (Reuters) – Hedge funds bought more U.S. stocks than they sold last week for the first time in ten weeks, adding $554 million to their portfolios, Bank of …
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By Medha Singh (Reuters) – New York-listed shares of Chinese companies bounced back on Tuesday after a dour start to the year, after a report of a rescue package for …