Keyword "RES" - List of latest news (2 992 results)

13:11 AT&T leans on bundled plans to beat estimates for subscriber additions

AT&T beat Wall Street estimates for wireless subscriber additions in the first quarter on Wednesday, driven by steady demand for its plans that bundled high-speed fiber services and 5G mobile offerings.

04:21 Woodside's shares gain as first-quarter revenue fuels up, beating expectations

Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.

23:42 Capital One's first-quarter profit rises on higher interest income

Capital One Financial reported a rise in first-quarter profit on Tuesday, as the consumer lender was helped by a higher income from interest payments on its credit card debt.

23:42 German software maker SAP beats operating profit estimates for first quarter

German software maker SAP on Tuesday reported an adjusted operating profit of 2.5 billion euros ($2.86 billion) for the first quarter of the year that came in above analysts' estimates.

23:42 Baker Hughes beats first-quarter profit on strong demand for natural gas technology

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for first-quarter profit on Tuesday, helped by robust demand for natural gas technology.

22:56 Tesla's first-quarter auto margin beats estimates, but revenue misses

Tesla reported better-than-expected profitability for its auto business in the first quarter but revenue fell short of expectations as sales of its electric vehicles dropped.

21:54 Democratic state treasurers raise concerns over Musk's lack of focus on Tesla

Treasurers of seven U.S. states have raised concerns about Tesla CEO Elon Musk's lack of focus on the electric vehicle maker, given its significance in regional industries, innovation and employment.

22/04 Chipotle plans Mexican foray with first outlet in 2026

Chipotle Mexican Grill is expanding internationally with a location in Mexico that is set to open early next year, it said on Monday, bringing its tacos and burritos to the region for the first time.

19/04 Wall St Week Ahead Busy US earnings week confronts market grappling with tariff fallout

A heavy slate of U.S. company results in the coming week will test a stock market shaken by a U.S. trade policy overhaul that upended the outlook for the global economy and corporate America.

18/04 LVMH's Arnault lashes out at Brussels over US trade tensions

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found.

17/04 Netflix quarterly results beat Wall St targets, revenue outlook upbeat

Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding President Donald Trump's erratic tariff plans.

17/04 US airlines struggle to forecast their business in worsening economic fog

President Donald Trump's trade war has created the biggest uncertainty for U.S. airlines since the COVID pandemic.

17/04 UnitedHealth shares tank after earnings miss, forecast cut as medical care costs soar

UnitedHealth Group surprised investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and it lowered its outlook for the full year due to higher-than-expected medical costs, sparking a 17% selloff in shares that reverberated across the sector.

17/04 United Airlines banks on premium, international travel to ease trade war gloom

United Airlines said on Wednesday it expects its financial performance to remain resilient despite economic uncertainty stemming from new tariffs, citing demand for high-margin premium offerings and international travel.

17/04 Pernod's sales miss forecasts as tariffs weigh on spirits sector

Pernod Ricard reported a 3% decline in third-quarter sales on Thursday, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector.

17/04 Hermes will raise U.S. prices to fully offset Trump's tariffs, company says

France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly missed market expectations.

17/04 TSMC quarterly profit jumps, upbeat on outlook despite tariff uncertainty

Taiwan's TSMC , the world's largest contract chipmaker, logged a forecast-beating 60% leap in quarterly profit and said it still expects robust growth this year despite U.S. President Donald Trump's unpredictable trade policies.

17/04 Forvia on track to mitigate full exposure to US tariffs, CEO says

Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.

17/04 Breakingviews - Tariffs gone wild yield unbridled earnings outlook

For corporate bean counters, foolish consistency may prove the hobgoblin of little minds. President Donald Trump’s on-again-off-again, tit-for-tat tariff agenda is causing havoc in the C-suite as companies struggle to both evaluate and communicate the damage to the bottom line. With so much up in the air, though, they can probably relax: from Walmart to Delta Air Lines , the ordinarily delicate sc

16/04 ASML says tariffs cloud outlook for 2025 and 2026

ASML , the world's biggest supplier of computer chip-making equipment, said on Wednesday that tariffs were increasing uncertainty for its outlook for 2025 and 2026.

16/04 Nvidia faces $5.5 billion charge as US restricts chip sales to China

Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 artificial intelligence chip, which has been one of its most popular chips.

15/04 United Airlines warns of profit risks if US economy falters

United Airlines forecast lower-than-expected profit for the current quarter on Tuesday and warned of downside risks to its full-year outlook if the U.S. economy slips into a recession.

15/04 J&J earnings beat estimates on strong cancer drug sales

Johnson & Johnson reported first-quarter revenue and profit above Wall Street estimates on Tuesday, driven by strong cancer drug sales, and provided its first forecast that accounts for trade tariffs imposed by U.S. President Donald Trump.

15/04 Citigroup profit soars as stock trading jumps 23%

Citigroup's profit surged in the first quarter as its traders reaped a windfall from volatile markets that fueled client activity.

15/04 Bank of America's first-quarter profit rises on trading strength

Bank of America's profit rose in the first quarter, as market volatility boosted its trading fees, lifting the shares of the bank up 1.9% before the open.

15/04 LVMH shares slump after luxury giant's Q1 sales miss forecast

LVMH shares sank on Tuesday after the world's largest luxury group posted first quarter revenue that undershot expectations as U.S. shoppers curtailed the purchase of beauty products and cognac while sales in China remained weak.

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

15/04 Morning Bid: Taxes and tariffs on the mind as relief rally limps along

A look at the day ahead in European and global markets from Rocky Swift

15/04 China's murky bankruptcies expose hazards for foreign investors

Gaps in enforcement of China's insolvency laws can leave creditors vulnerable to opaque dealings and malicious bankruptcy filings by firms seeking to evade payment obligations.

15/04 ADM halting domestic trading in China, cutting jobs in Shanghai

Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said on Monday.

14/04 LVMH misses sales forecast as core business slumps in first quarter

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said on Monday.

14/04 Goldman Sachs profit jumps as traders cash in on volatile markets

Goldman Sachs' profit rose 15% in the first quarter, fueled by stock traders who capitalized on volatile markets to bring in record equities revenue, but its CEO warned of a difficult environment ahead.

14/04 Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.

13/04 India's TCS says retail, travel clients more exposed to US tariff turmoil

Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company's CEO told Reuters.

12/04 Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns

Lower oil prices could reduce Colombian state-run oil firm Ecopetrol's profits by up to 12 trillion pesos ($2.76 billion) this year, the company's president warned on Friday.

11/04 BlackRock assets hit record but Fink warns of market anxiety

BlackRock's assets increased to a record high value in the first quarter, but the CEO of the world's largest asset manager said anxiety was dominating markets, even if the recent selloff did not pose risks to financial stability.

11/04 US bank profits rise, but executives raise more tariff warnings

Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.

11/04 Wells Fargo beats profit estimates but CEO warns tariffs could slow growth

Wells Fargo's profit rose 6% in the first quarter as it collected more fees in wealth management and investment banking, but its CEO warned that U.S. tariffs risk slowing economic growth.

11/04 JPMorgan's profit jumps on record stock trading as CEO Dimon sees economic turbulence

JPMorgan Chase topped first-quarter profit estimates on Friday, driven by record equities trading and higher fees from debt underwriting and merger advisory.

11/04 BP warns of "weak" gas trading, higher debt in Q1

Energy group BP expects its first-quarter gas marketing and trading result to be "weak" while net debt will rise, the company said on Thursday, sending its shares down in early trading.

10/04 Prada buys Versace to create Italian fashion powerhouse

Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion.

10/04 Uniqlo operator Fast Retailing's Q2 profit jumps 33%; raises forecast

The Japanese operator of Uniqlo on Thursday said earnings soared 33% in its second quarter and raised its full-year forecast even after accounting for the impact of U.S. tariffs on its global clothing enterprise.

09/04 US producers face tough choices on growth, capital returns as oil falls below $60

A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said.

09/04 Explainer: What is PISCES and can it herald a UK capital markets revolution?

Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.

09/04 Banks to battle exchanges for fees on Britain's new private share trading platform

Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

08/04 Levi Strauss maintains annual forecast, shares surge more than 7%

Levi Strauss maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade.

08/04 How the oil price plunge complicates Saudi Arabia's economic agenda

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda to diversify its economy.

08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.

08/04 Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about U.S. tariffs.

07/04 US utilities grapple with Big Tech's massive power demands for data centers

U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country for viable locations for new data centers to keep up with the compute demands of AI.

07/04 Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.

05/04 Foxconn reports record Q1 revenue, says it must closely watch global politics

Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it would need to closely watch global politics.

04/04 Tesla investors brace for another year of sales decline as Musk backlash grows

CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.

03/04 Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect, investors and analysts expect a barrage of corporate profit warnings in the coming weeks that could jolt the stock market.

03/04 Trump tariffs: Companies grapple with a new reality 

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

02/04 Coffers swelling on Wegovy sales, Novo Holdings doubles income and returns in 2024

Novo Holdings, the controlling shareholder of obesity drugmaker Novo Nordisk , nearly doubled annual income and investment returns to a record 8 billion euros ($8.66 billion) in 2024, it said on Wednesday.

01/04 Michael Kors owner Capri's finance head jumps ship to Macy's

Capri Holdings' finance and operations head, Thomas Edwards, will leave the U.S. luxury holding company to assume similar roles at department store chain Macy's .

01/04 US first-quarter auto sales get a lift from looming Trump tariffs

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

31/03 Wrexham announce record turnover as Hollywood influence grows

Wrexham reported record financial results for their first year back in the English Football League (EFL) in the latest chapter of the club's success story with co-owners and Hollywood actors Ryan Reynolds and Rob McElhenney.

31/03 China's Huawei 2024 profit drops; revenue rises at fastest rate in five years

China's Huawei Technologies (HWT.UL) said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years.

31/03 UK's Pets at Home forecasts lower fiscal 2026 profit on weak demand

Britain's Pets at Home Group on Monday forecast its fiscal 2026 underlying pre-tax profit to fall short of 2025 levels, as subdued demand for its pet accessories continues to impact performance.

28/03 Unipol targets higher profits, dividends in new plan

Italian financial group Unipol aims to make a total net profit of 3.8 billion euros ($4.1 billion) over the next three years as it invests in technology and bancassurance to bolster its core insurance business.

28/03 Deutsche Bank extends CEO's mandate and revamps board in crucial year

Deutsche Bank has extended CEO Christian Sewing's contract, while its deputy and another top executive will depart as part of a management revamp, cementing the leadership team of Germany's largest lender for the next phase of its turnaround.

28/03 Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.

28/03 After years of survival, China's Huawei returns to revenue peak

China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".

27/03 Next CEO's billion pound milestone stirs succession concern

British clothing retailer Next joined the one billion-pound profit club on Thursday, but while investors celebrate, they are also starting to worry about the lack of a clear succession plan for its star CEO of 24 years Simon Wolfson.

27/03 H&M reports sluggish start to spring sales

H&M's sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring and summer season.

27/03 China's industrial profits fall in January-February as economic risks mount

China's industrial profits slipped in the first two months of 2025, signalling a challenging period ahead for businesses as they navigate persistent deflationary forces and an escalating trade war with the United States.

27/03 Jefferies profit misses estimates as bond trading, equity underwriting weaken

Jefferies' first-quarter profit missed Wall Street estimates on Wednesday as bond trading weakened and stock market deals were stalled due to uncertainty sparked by shifting U.S. trade policy and geopolitical turmoil.

26/03 Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.

25/03 Tesla's February market share in Europe drops despite EV pickup

Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent.

24/03 First-quarter US earnings outlook looks less rosy with tariff worries in focus

Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year.

20/03 A long line at Okayama Station on a public holiday morning... The sights were popular sweets brought from Nagoya City by Shinkansen to prevent them from collapsing [Okayama]

A long line formed at JR Okayama Station in Kita-ku, Okayama City on a public holiday morning... (Reporter Okuhara Reina) "A long line formed to look for that popular suit that was the first landing in Okayama" (People lined up) "They are lined up from 5am. I'm looking forward to seeing what the texture is like." "I thought it was rare for them to be sold in Okayama. (What are you looking for? Piy

17/03 Couple of Greeks has "crazy" to the New Zealanders | The street food with a aroma of Greece serving

Why are queues with people, wherever they are found.

16/03 The list of the 27 renowned actors who had to have taken Oscar

According to the Independent.

10/03 U.S. casino group Bally's says it's willing to rescue Australia's Star

U.S. casino group Bally's has offered Australia's Star Entertainment a A$250 million ($158 million) recapitalisation package that could give it majority control, adding it was "very open" to discussing a larger transaction.

07/03 Hewlett Packard Enterprise shares tumble after US tariffs hit forecasts

Shares of Hewlett Packard Enterprise fell over 16%, on track for their worst day on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an intensely competitive market.

07/03 Hewlett Packard Enterprise to cut 5% of workforce in cost-saving push

Hewlett Packard Enterprise said on Thursday it would lay off 5% of its workforce, or over 2,500 employees globally, as part of a cost-saving program and forecast its second-quarter revenue below Wall Street estimates, triggering a 16.5% drop in shares during aftermarket trading.

07/03 Costco misses quarterly profit estimates on rising merchandise costs

Costco Wholesale would consider making changes to its international supply chain if tariffs from U.S. President Donald Trump lead to big price hikes, Chief Executive Officer Ron Vachris said on a conference call on Thursday.

07/03 Broadcom shares surge as solid forecast eases demand worries for AI chips

Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers that could boost revenue in a highly competitive market.

07/03 Emily in Paris bump? Air France-KLM sees boost from American TV shows

Air France-KLM , on the back of promising fourth quarter results, is hoping for even more of a tailwind this year from an unlikely source: American TV shows such as 'Emily in Paris' that have boosted the allure of the French capital.

06/03 Chip stocks lead selloff on Wall St; tariffs in focus

Wall Street's main indexes fell on Thursday, led by a decline in chip stocks as Marvell's forecast fanned worries of slowing demand for AI infrastructure, while worries about a trade war unleashed by U.S. tariffs also weighed on sentiment.

06/03 Air France-KLM surprise profit beat lifts shares to 5-year high

Air France-KLM reported better than expected annual results that sent its shares to a five-year high on Thursday after the airline benefitted from tight cost management and stronger pricing in the fourth quarter.

06/03 Dettol maker Reckitt misses fourth-quarter sales expectations

Reckitt , the maker of Dettol cleaning products and Strepsils throat lozenges, on Thursday missed expectations for fourth-quarter like-for-like net sales as a late flu and cold season dented demand for its over-the-counter medicines.

06/03 Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day.

05/03 Jack Daniel's maker says Canada pulling US alcohol off shelves 'worse than tariff'

Jack Daniel's maker Brown-Forman's CEO Lawson Whiting said on Wednesday Canadian provinces taking American liquor off store shelves was "worse than a tariff" and a "disproportionate response" to levies imposed by the Trump administration.

04/03 Crowdstrike forecasts first-quarter revenue below estimates

Cybersecurity firm Crowdstrike forecast first-quarter revenue slightly below estimates, as it grapples with weak spending on its cybersecurity products.

04/03 Vespa maker Piaggio posts record margin despite 'anomalous' economy

Italy's Piaggio , the maker of the iconic Vespa scooter, reported what it said was its highest ever annual core profit margin of 16.9% on Tuesday, citing tight productivity management.

04/03 Ross Stores forecasts annual sales, profit below estimates on weaker demand

Discount retailer Ross Stores forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary pressures.

04/03 Target braces for first-quarter profit pressure due to tariffs, low demand

Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more of its products from countries including Guatemala.

04/03 Nasdaq falls into correction territory as trade war worries weigh

Wall Street's main indexes fell on Tuesday, with the tech-heavy Nasdaq leading declines, as investors feared that an escalating trade war between the U.S. and its partners could damage the economy.

03/03 Trump trade threats compound global ocean shipping uncertainty

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.

02/03 Elena Papastamatopoulou From bowling to school at the top, with weapons, love and sports

Soul power, life lesson, shining example for everyone.

19/02 Walmart faces some tariff challenges as Wall Street awaits record-breaking sales

Penny-pinching Walmart shoppers focus much more on getting the lowest prices than on whether products are made in the U.S., Canada, China or elsewhere, Walmart executives have said.

14/02 Giant turbines of 600 tons convert wind into electricity

With the use of wind power, wind energy systems (RES), which produce electrical energy, start to turn their wings after the tough journey of tons of equipment and laborious installation.

27/01 Scientists created transparent solar panels like windows

The first fully transparent solar panel has been made by scientists in South Korea, an innovation that may lead to a much wider use of solar energy in homes and buildings in general. Solar panels to date are opaque, which limits their use in solar parks and rooftops. Now, researchers from Incheon University have turned their theory into practice...

25/01 Italy government backs Monte Paschi's bid for Mediobanca

Italy's government gave its backing on Friday to Banca Monte dei Paschi's (MPS) bid for merchant bank Mediobanca , as the proposed deal may strengthen the country's banking system and its broader economy.

24/01 Verizon wireless subscriber growth hits 5-yr high, profit view weak

Verizon Communications on Friday reported its best quarterly wireless subscriber growth in five years, fueled by robust demand for its customizable myPlan, Black Friday deals and trade-in offers for the AI-powered iPhone 16 series.

24/01 US renewable power producer NextEra Energy expanding gas-fired generation

The world's largest renewable power company, NextEra Energy , is partnering with GE Vernova to develop natural gas-fired power generation projects across the United States that will mainly feed AI data centers and other large electricity users, NextEra said on Friday.

24/01 Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop

Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.S. West Coast factory workers.

24/01 Burberry gets holiday boost thanks to American shoppers

Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday season in the United States, an encouraging step in the British luxury brand's turnaround efforts.

24/01 European earnings may keep the mood sweet as tariff fears grow

European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.S. President Donald Trump's tariffs threat.

23/01 Abbott banks on glucose monitors, new launches to ride out China, currency hit

Abbott Laboratories on Wednesday forecast 2025 profit that came in line with Wall Street estimates as it expects new device launches and growing demand for its glucose monitors to offset a hit from weakness in China and a stronger dollar.

23/01 Primark cuts sales outlook after weak Christmas quarter

Associated British Foods downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and Ireland market.

23/01 Puma shares plunge 18% after quarterly sales and profit miss

Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit, raising questions about its ability to compete against bigger rivals Adidas and Nike.

23/01 Hyundai Motor in GM tie-up talks; sees revenue growth slowing in 2025

Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its U.S. peer, as it expects sales growth to halve this year due to softening demand.

23/01 SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

23/01 United Airlines CEO calls pullback in domestic seats a durable trend

A reduction in airline seats in the domestic market that is fueling U.S. airline earnings is here to stay, United Airlines CEO Scott Kirby said on Wednesday.

22/01 Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

Kinder Morgan narrowly missed Wall Street's expectations for quarterly profit on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condensate transported through its pipelines.

22/01 Puma launches cost-cutting drive after 2024 net profit disappoints

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.

22/01 China unveils plan to encourage insurance funds into stock markets

China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market.

22/01 Procter & Gamble tops quarterly results estimates on improving US demand

Procter & Gamble beat second-quarter results estimates on Wednesday, driven by growing demand for its household items such as Pantene shampoos and Tide detergents as product innovations across price tiers helped lure more U.S. customers.

22/01 Halliburton warns of softer North America activity even as quarterly profit beats

Halliburton on Wednesday warned of softer activity in North America this year even as the oilfield giant beat analysts' estimates for fourth-quarter profit helped by higher demand for drilling and pressure pumping services in the North Sea and Asia.

22/01 J&J beats quarterly sales and profit estimates on cancer drug sales

Johnson & Johnson , fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular , reported fourth-quarter sales and profit above Wall Street estimates on Wednesday, driven by strong sales of its cancer treatments.

22/01 India's benchmark indexes open marginally higher

India's benchmark indexes opened marginally higher on Wednesday, after hitting a more than seven-month low in the previous session on uncertainties over U.S. policy under President Donald Trump and worries over domestic corporate earnings.

21/01 Netflix added a record 19 million subscribers in holiday quarter

Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers, the company reported on Tuesday.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 Burberry investors watch for signs of sales turnaround

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday.

20/01 FTSE 100 hits another record high, investors eye Trump policies

London's blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations.

20/01 Country Garden expects to reach terms with creditors in Feb, lawyer tells court

Chinese property company Country Garden , which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on Monday.

17/01 US mid-sized banks ride industry upswing on robust fee income

A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand.

17/01 Goldman Sachs boosts CEO pay to $39 million, lines up five more years at helm

Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.

16/01 American Express to pay $230 million to settle US charges over deceptive sales practices

American Express said on Thursday it will pay about $230 million to settle U.S. criminal and civil probes into alleged deceptive practices in selling credit card and wire transfer products to small business customers.

16/01 Polestar expects delayed profitability as EV demand weakens, competition intensifies

Polestar's new CEO said on Thursday it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries.

16/01 UnitedHealth hit by stubbornly high medical costs, shares fall

UnitedHealth's high medical costs and lower-than-expected revenue in the fourth quarter underscored persistent challenges at its insurance unit, sending the healthcare conglomerate's shares down about 4% before the bell on Thursday.

16/01 Morgan Stanley's profit more than doubles on boost from dealmaking, stock sales

Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

16/01 SNAPSHOT S&P 500 opens slightly higher with focus on earnings, economic data

The benchmark S&P 500 opened slightly higher on Thursday following strong gains in the previous session, as investors assessed softer-than-expected retail sales data and a set of strong bank earnings.

16/01 Luxury groups pin hopes on US as China weakness persists

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given forecasts for more market weakness in China.

16/01 Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround

Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.

16/01 TSMC Q4 profit leaps to record on strong demand for AI chips

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.

16/01 Stocks rise with US rate cuts back in view; yen at one-month high

Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S. inflation kept potential rate cuts by the Federal Reserve on the table, while the yen rose to a one-month high on rate hike bets.

16/01 US says Toyota unit to plead guilty, pay over $1.6 bln to settle fraud scheme

A Toyota Motor Corp unit agreed to plead guilty and pay over $1.6 billion in a settlement with U.S. government agencies to settle violations related to an emissions fraud scheme, the U.S. Justice Department said in a statement on Wednesday.

15/01 Profits at Wall Street banks jump with trading strength, dealmaking rebound

Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday.

15/01 Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter

Goldman Sachs posted its best profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.

15/01 JPMorgan earns biggest-ever annual profit as investment bankers ride rebound

JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.

14/01 Lilly forecasts weak fourth-quarter sales of weight-loss drug, shares slump

Eli Lilly forecast sales of popular weight-loss drug Zepbound and related diabetes treatment Mounjaro to miss Wall Street estimates in the fourth quarter, sending the drugmaker's shares down more than 8% on Tuesday.

14/01 BP warns of fourth quarter profit hit as production and refining margins fall

BP warned that lower production, weak refining margins and sluggish trading would see its profit in the fourth quarter of 2024 fall from the previous three months.

14/01 Lindt & Spruengli posts 2024 sales slightly below expectations

Swiss chocolate maker Lindt & Spruengli on Tuesday said its sales grew 7.8% organically last year, coming in slightly below market expectations, hit by record high cocoa prices and weakened consumer sentiment.

14/01 Country Garden overdue results set to show steep losses amid sector's sales slump

Country Garden, once China's top developer and now facing a liquidation lawsuit, is expected to report steep losses when it publishes long-overdue results on Tuesday, analysts say, as a prolonged property sector crisis weighed on sales.

13/01 Exclusive: Berlin considers full Uniper exit, targets deal after summer, sources say

Berlin has sounded out potential buyers for Uniper in a deal that could see the government selling its entire holding in the $18.8 billion energy utility, three people with knowledge of the matter said.

13/01 TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.

12/01 India's TCS expects retail, manufacturing revival after banking recovery

India's Tata Consultancy Services expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation's No. 1 software-services exporter, said.

10/01 Constellation Energy to buy Calpine in $26.6 bln deal

Constellation Energy said on Friday it would buy privately held Calpine Corp, a geothermal and natgas energy company, in a cash-and-stock deal valued at $26.6 billion including debt, sending Constellation's shares up 8.8%.

10/01 Delta forecasts strongest profit in its 100-year history

Delta Air Lines said on Friday it expects 2025 to be the most profitable year in the company's 100-year history, thanks to robust demand for premium travel as well as the industry's improved pricing power.

10/01 Mercedes-Benz 2024 car sales fall in tough year for automakers

Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the German luxury carmaker said on Friday.

10/01 Britain's Sainsbury's set for profit growth after Christmas sales rise

Sainsbury's , Britain's second biggest supermarket group, on Friday reported a 2.8% rise in underlying sales for the key Christmas quarter, with robust grocery sales offset by a weaker performance in general merchandise.

10/01 India's TCS jumps 4% on signs of demand revival

Shares of India's No. 1 software services exporter Tata Consultancy Services jumped 4% in early trade on Friday, set for their best day since late-November, as the company signalled it was seeing signs of a demand revival.

09/01 Uniqlo operator posts higher Q1 profit despite sluggish China results

The operator of the Uniqlo global clothing chain reported first quarter results on Thursday that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong sales in its home market of Japan.

09/01 Breakingviews - Bain buyout fight shows allure of pensions

Australia's pension funds would surely be on any list of assets that investors would fight to own a piece of. Two U.S. private equity firms are now putting that theory into practice. On Monday CC Capital, founded by Blackstone veteran Chinh Chu, lobbed in a non-binding proposal valuing Insignia Financial's equity at A$2.9 billion ($1.8 billion). That's 7.5% higher than the already rejected offer B

09/01 Volvo CEO says plan for Mexico truck factory ongoing despite US tariff threat

Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U.S. tariffs on imports of vehicles and other goods.

08/01 Jefferies' profit jumps on investment banking windfall

Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday.

08/01 Shell warns of weaker fourth quarter LNG, oil trading

Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.

08/01 Brazil's Embraer delivered 75 planes in fourth quarter

Brazilian planemaker Embraer delivered 75 aircraft in last year's fourth quarter, similar to the same period in 2023, the company said in a securities filing on Tuesday.

08/01 Samsung Q4 profit outlook misses estimates by large margin as chip issues drag

Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia .

07/01 Trump win triggered 2024 exit by overseas investors from Asian equities

Overseas investors turned net sellers of Asian equities in 2024, primarily due to a surge in selling in the last quarter amid concerns that U.S. President-elect Donald Trump's trade policies might hit Asian economies.

03/01 EV maker Rivian beats expectations for deliveries as supply snag eases

Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit.

03/01 Wells Fargo names Citi 'dominant pick', predicts stock to double in three years

Citigroup's stock could double in value over the next three years as the Wall Street lender's profits surge, Wells Fargo analysts wrote in a client note on Friday, naming it the brokerage's top pick in the large-cap banking sector.

03/01 Stellantis Italy output falls 37% in 2024, car production hits 68-year low 

Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car manufacturing, union figures showed on Friday.

03/01 Hyundai Motor, Kia Motor see 2025 sales inch up after missing 2024 targets

South Korea's Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% in 2025, after reporting falls in 2024 sales and missing their targets.

02/01 Tesla posts first fall in annual deliveries as demand slows

Tesla's annual deliveries fell for the first time in 2024 despite the electric automaker handing over a record number of units in the fourth quarter, indicating tepid demand for its aging line-up of models.

02/01 Financials lead Indian benchmarks higher at the open

India's benchmark indexes opened marginally higher on Thursday, led by financials after two brokerages highlighted stable asset quality and attractive valuations in the sector.

02/01 Wizz Air says 40 planes to stay grounded through fiscal 2026 amid engine woes

Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX's Pratt & Whitney amid engine woes, adding that it expects 40 of its planes to stay grounded through fiscal year 2026.

30/12 Breakingviews - Smart glasses give tech giants dangerous FOMO

Smart glasses will come into focus in 2025. Meta’s collaboration with EssilorLuxottica has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research. Early success has emboldened rivals to develop their own specs.

27/12 Global equity funds regain inflows on US inflation relief

Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and relief that Washington had averted a government shutdown, which restored investor confidence in risk assets.

27/12 China's industrial profits decline at slower pace in November

China's industrial profits fell at a slower clip in November, official data showed on Friday, as policymakers pledged stronger support to prop up a faltering economic recovery.

26/12 Putin says there is no time to sign new Ukraine gas transit deal this year

President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.

25/12 Toyota global production down for 10th month despite rising sales

Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China.

24/12 Target's holiday advertising push will only take it so far, investors say

In the most competitive holiday season in years, major U.S. retailers Target and Walmart are spending more on ads to reach shoppers on short-video app TikTok and streaming platforms.

21/12 Carnival forecasts robust 2025 bookings as cruise demand booms

Cruise operator Carnival Corp forecast strong bookings for 2025 ahead of the busy summer travel season, riding the wave of strong spending on experiences even as prices increase, sending its shares up about 5% on Friday.

21/12 Potential TikTok bidder seeks a CEO, prepares business overhaul

U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters.

20/12 Nike's new CEO plans to go back to basics in brand overhaul effort

Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.

20/12 Investors hope for US stock market trifecta in 2025 after back-to-back boom years

Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming president Donald Trump.

20/12 Tesla's 2024 deliveries growth might hinge on Musk's unorthodox Cybertruck

Tesla is aiming to post slight growth in 2024 deliveries over last year with generous incentives across its EVs - but a lot depends on the success of the new Cybertruck pickup, which is showing signs of weakness, analysts said.

20/12 FedEx to spin off its freight trucking business

FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business.

19/12 Nike profits and sales beat forecasts, shares surge 11%

Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand's stores and website to buy newly released versions of performance and running shoes.

19/12 Futures higher after Wall St swoons on Fed's hawkish tilt

U.S. stock index futures rose on Thursday as investors digested the Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation next year that pummeled Wall Street a day earlier.

19/12 Fed's hawkish cut fires up rate hike debate

The end of the Federal Reserve's interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled out.

18/12 Micron's second-quarter forecast disappoints; shares tumble

Micron Technology forecast second-quarter revenue and profit below Wall Street estimates on Wednesday, as weakened prices of memory chips used in handsets and PCs weigh on earnings, sending its shares down 13.6% in extended trading.

17/12 Teva, Sanofi say bowel disease drug met primary targets

Israel's Teva Pharmaceutical Industries and French drugmaker Sanofi said a study of a drug to treat ulcerative colitis and Crohn's disease showed it had met primary goals.

17/12 Pfizer forecasts in line 2025 profit as it seeks turnaround

Pfizer on Tuesday forecast 2025 profits roughly in line with Wall Street expectations, offering some relief to investors after a tumultuous year during which it attracted criticism from activist hedge fund Starboard Value.

16/12 Honeywell considers spinning off its aerospace business amid Elliott's breakup push

Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company's breakup.

13/12 Porsche SE to take up to $21 bln impairment on Volkswagen stake

Porsche SE, Volkswagen's top shareholder, on Friday warned it may write down the value of its stake in Europe's top carmaker by up to 20 billion euros ($21 billion), in the latest sign of how VW's cost crisis has shaken investor faith in the carmaker.

13/12 Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand

Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the way.

13/12 Global equity funds see robust weekly inflows on hopes of Fed rate cut

Global equity funds attracted inflows for an 11th successive week through Dec. 11, supported by signs that a cooling U.S. labor market and stable consumer prices might facilitate a third consecutive rate cut by the Federal Reserve this month.

13/12 Man City announce record revenue for 2023-24 season

Manchester City reported a third consecutive year of record revenues on Friday, with total earnings growing to 715 million pounds ($902.76 million) for the year ended June 2024 up from 712 million pounds a year ago.

13/12 Exclusive: Aviva's India officials approved brokerage model queried by taxmen

An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows.

12/12 Costco beats quarterly sales estimates on steady holiday demand

Costco Wholesale marginally beat Wall Street expectations for first-quarter revenue on Thursday, as more Americans turned to the membership-only retail chain to shop for everything from food to home furnishings for the holiday season.

12/12 Canadian oil producers forecast higher production in 2025

Three of Canada's biggest oil producers, Suncor Energy , Cenovus Energy and Imperial Oil , on Thursday projected higher production in 2025, betting on resilient demand for Canadian crude in U.S. and international markets.

12/12 Adobe falls as annual revenue forecast triggers concerns on delayed AI returns

Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected.

12/12 Lonza to exit capsules and health ingredients business, focus on contract development

Swiss contract drugmaker Lonza plans to exit its capsules and health ingredients (CHI) business, it said on Thursday, after demand for pharmaceutical supplies declined following a surge during the pandemic.

11/12 Exxon sets plan to boost oil and gas output by 18%

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%.

11/12 Weaker Chinese yuan talk raises spectre of FX race to the bottom

There is a risk that big foreign exchange moves are coming.

11/12 JPMorgan Chase expects investment banking fees to be up by 45% in Q4

JPMorgan Chase investment banking fees are expected to rise by 45% in the fourth quarter over a year ago, Marianne Lake, the bank's CEO of consumer and community banking, said on Tuesday.

11/12 Global airlines forecast $1 trillion 2025 revenue despite plane shortage

Global airlines body IATA forecast industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said on Tuesday were "unacceptable" difficulties in securing new planes.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

11/12 Alaska sees $1 billion jump in profit after merger with Hawaiian Airlines

Alaska Air on Tuesday unveiled a plan to generate $1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a rally in its shares.

11/12 GameStop reports third-quarter profit on spending cuts

GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.

10/12 Activist investor group pushes Macy's to consider options for Bloomingdale's

Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and Bluemercury chains after building a position, the activist investor group said on Monday without disclosing their stake.

09/12 OPPO Find X8 Pro review: One photo that absolutely blew me away

You should sell your iPhone and buy the new OPPO. I’m serious.

09/12 Australia's Woolworths hikes worker wages to resolve strike action, shares gain

Australia's top grocer Woolworths said on Monday it has reached an agreement with industrial union workers to increase wages, resolving the strike action that had been affecting store service levels at Woolworths supermarkets across Australia.

09/12 BYD on track to top 2024 sales goal and outsell Ford, Honda

China's top electric vehicle producer BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales.

06/12 Lululemon shares surge as holiday demand helps lift forecast, results

Lululemon Athletica shares jumped about 17% in early trading on Friday as an upbeat annual forecast raised investor optimism for a robust holiday quarter and prompted Wall Street to take a more bullish view on the stock.

06/12 Investment banks eye 2025 income boom as Trump drives deal rebound

President-elect Donald Trump's return to the White House is seen fuelling a dealmaking revival that could bolster investment banking income to $316 billion globally next year, a jump of about 5.7% on 2024, data seen by Reuters shows.

05/12 Wall Street little changed as spotlight remains on jobs data

Wall Street's main indexes were mostly flat on Thursday after recording all-time closing highs in the previous session, though the Nasdaq inched up to an intraday record high ahead of employment data later this week.

05/12 Southwest Airlines lifts unit revenue forecast as holiday travel off to strong start

Southwest Airlines raised its forecast for fourth-quarter revenue per available seat mile on Thursday, betting on a domestic travel demand rebound during the holiday season and improved pricing.

05/12 Intel's interim co-CEO Zinsner says new chief executive will have foundry experience

Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday.

04/12 Chipotle Mexican Grill lifts menu prices as input costs rise

Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain counters higher input costs in the midst of a choppy demand environment for restaurants in the United States.

04/12 Wall St opens higher as investors await economic data, Powell comments

Wall Street's main indexes opened higher on Wednesday, with the benchmark S&P 500 and the Nasdaq hitting all-time highs as investors focused on upcoming economic data as well as remarks from Federal Reserve Chair Jerome Powell.

04/12 GM to take more than $5 billion in charges on China operations

General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.

04/12 Rio Tinto raises 2025 copper output view on boost from Mongolia's Oyu Tolgoi mine

Australian mining giant Rio Tinto forecast higher consolidated mined copper production for fiscal 2025 on Wednesday, driven primarily by an anticipated 50% surge in output from its Oyu Tolgoi operation in Mongolia next year.

04/12 Exclusive: Big hedge funds call on doctors, scientists for an edge on pharma

Some of the world's largest hedge funds are hiring doctors, scientists and analysts to give them expert insight into the prospects for pharmaceutical stocks after big share swings in the sector, eight sources told Reuters.

02/12 ADM's earnings report delayed after more accounting errors found

Prices for staple crops like corn and soybeans have slid to near four-year lows, hurting ADM's profits and margins.

01/12 Stellantis CEO Carlos Tavares resigns

Tavares recently shook up top management as he tried to reverse sliding sales and profits in the U.S. He was scheduled to retire in early 2026.

29/11 Breakingviews - Nissan and Honda would drive better together

It's time for Toyota Motor's two biggest domestic rivals to deal with their problems by joining forces. Nissan Motor's woes are the more obvious: poor results prompted the $9 billion manufacturer into an emergency overhaul this month. But $40 billion Honda Motor's autos unit is subpar, too. Welding them together would give scope to cut costs, charge earnings and invest more efficiently and effecti

28/11 Bank of America bets on long-term growth in Mexico due to 'nearshoring', despite Trump tariff threat

Bank of America is bullish on its future in Mexico, according to the head of the bank's unit in the country, and stands to benefit from the so-called "nearshoring" trend even after threats of tariffs on exports to the U.S. by President-elect Donald Trump.

28/11 Remy Cointreau braces for sharp drop in annual sales as no sign of US recovery

Remy Cointreau braced investors on Thursday for a bigger than expected fall in annual sales, citing weakness in its key U.S. market where inflation has hit demand and potential tariffs could deal another blow to the spirits maker.

28/11 Nissan October production down globally except in Mexico, but Trump tariff threat looms

Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico.

28/11 Toyota's global output declines for ninth straight month in October

Toyota Motor's global output dropped for a ninth consecutive month in October, dragged lower by big falls in production in the United States and China but the decline was mild compared to previous months.

27/11 US retailers attempt to stir excitement during shorter holiday shopping season

To entice shoppers on Black Friday, major retail chains intend to showcase interactive products and experiences, including Ray Ban augmented-reality glasses, extra-extra-large TVs at electronics retailer Best Buy and new spa services at U.S. department store chain Nordstrom Inc .

27/11 Nordstrom raises lower end of annual sales outlook, sees uncertain environment

Nordstrom slightly raised its annual comparable sales forecast on Tuesday owing to softness in some categories including footwear and apparel toward the end of October.

27/11 China Oct industrial profits narrow decline but demand remains weak

China's October industrial profits narrowed their earlier declines, helped by a low base the previous year, official data showed on Wednesday, but headwinds on earnings remain stiff with the economy still battling weak demand and deflation pressures.

26/11 Manchester United posts smaller first-quarter loss on cost cuts

Manchester United on Tuesday reported a smaller adjusted net loss for the first quarter of 2025, helped by cost cuts and benefits from favourable exchange rates.

26/11 Best Buy cuts annual forecasts on weak electronics demand during the holidays

Best Buy cut its annual profit and sales forecasts on Tuesday, signaling a muted holiday shopping season amid sluggish demand for pricey electronics such as televisions and home theater systems.

25/11 Wall St closes higher; small-caps hit record high after Trump nominates Bessent

Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as U.S. Treasury secretary helped push bond yields lower.

25/11 Zoom raises annual revenue and profit forecasts, expands share repurchase

Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.

25/11 Macy's delays Q3 report on accounting issue, sales misses in preliminary results

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery expenses and instead reported preliminary results in which its sales missed Wall Street expectations.

25/11 Kingfisher warns of 45 million pound hit from UK and France budgets

European home improvement retailer Kingfisher on Monday warned of a 45 million pound ($57 million) hit to 2025/26 profit from tax raising measures in government budgets in both the UK and France, sending its shares sharply lower.

25/11 Italy's UniCredit launches surprise $11 bln all-share bid for Banco BPM

Italy's UniCredit on Monday launched a surprise all-share offer worth 10 billion euros ($11 billion) for smaller domestic rival Banco BPM , while it also pursuing a potential deal with Germany's Commerzbank .

23/11 Wall St Week Ahead Black Friday puts consumer spending in market's glare with stocks near records

The health of the U.S. consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices.

21/11 Intuit's quarterly forecasts disappoint as delayed promotions weigh on growth

Intuit projected second-quarter revenue and profit below Wall Street estimates on Thursday, indicating that its AI efforts would take longer to pay off and that a planned change in TurboTax promotion timings weighed on growth.

21/11 Gap raises annual sales target betting on steady holiday demand

Gap Inc raised its annual sales forecast on Thursday and said the holiday season was off to a "strong start", sending its shares up nearly 14% in extended trade.

21/11 Novartis raises sales guidance until 2028

Novartis raised its medium-term sales guidance on Thursday to 6% annual growth through 2028, driven by momentum of launched drugs and the prospect of upcoming launches.

21/11 Delta Air eyes mid single-digit revenue growth in 2025 with premium travel in focus

Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier.

21/11 Starbucks weighs strategic partnerships for China operations

Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media report saying the company is considering selling a stake in the business to a local partner.

21/11 Want to be chief of staff at India's Zomato? CEO says forget salary, pay $23,700 fee

The CEO of Indian food delivery giant Zomato has stoked a public debate by advertising a chief of staff job with an unusual twist: there will be no salary initially and the position instead comes with a 2 million rupee ($23,700) "fee".

20/11 Wall Street ends mixed, Nvidia shares slip after the bell

The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session's rally as investors worried about escalating Russia-Ukraine tensions and weak results from Target, while awaiting earnings from megacap Nvidia that landed after the bell.

20/11 Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

Retailers are in for a mixed holiday season ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals.

20/11 Target sees muted holiday quarter as budget-focused shoppers seek value, shares tumble

Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers including Walmart, sending its shares down 18% in premarket trading.

19/11 Nestle open to partnerships for water business -exec

San Pellegrino and Perrier owner Nestle will spend the coming months carving out its 3.3 billion-Swiss-franc water business and is open to deals and partnerships, a top executive told Reuters.

19/11 Walmart raises annual forecasts, betting on strong holiday shopping

Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining market share ahead of the holiday season.

19/11 Nestle to cut costs by $2.8 billion, boost marketing under CEO Freixe

Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into a standalone global unit as it looks to drive growth under its new chief, the company said on Tuesday

19/11 Nvidia's options primed for $300-billion price swing after earnings

Options traders are primed for a nearly $300-billion swing in Nvidia's market value following the chipmaker's quarterly results on Wednesday, U.S. options market data showed.

19/11 Breakingviews - China’s new hobbies create a spending mirage

China’s new hobbies will be bad news for most retailers. A fad for biking, hiking, and other physical endeavours has helped companies like $10 billion Amer Sports tempt shoppers, and the maker of trail shoes and skis is growing sales despite a sluggish economy. But a yen for adventure won’t necessarily be a boon for other brands.

19/11 Nvidia's Blackwell revenue in focus as sales growth slows

Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters, but as analysts expect a slower pace of growth, how the company overcomes delays and supply chain issues to sell its latest AI chips is likely to be a barometer for its stock price.

18/11 Xiaomi raises EV deliveries goal again on surging demand

China's Xiaomi Corp said on Monday it aimed to deliver 130,000 electric vehicles this year, raising its forecast for the third time as the automaker upstart posted a 30.5% jump in third-quarter revenue.

18/11 GKN Aerospace owner Melrose shares surge on positive cash flow outlook

Melrose Industries , owner of aerospace parts maker GKN Aerospace, said on Monday it expects to deliver substantial free cash flow in 2025, thanks to its restructuring as well as cash generation from its Risk and Revenue Sharing Partnerships and the resolution of an issue with some engine parts.

15/11 Disney nears tipping point as streaming profits start to offset cable decline

Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable.

15/11 Ant Group's quarterly profit nearly triples

China's Ant Group reported a 192.9% rise in net profit to 7.59 billion yuan ($1.05 billion) in the three months to March 31, according to Reuters calculations based on Alibaba Group Holdings' earnings released on Friday.

15/11 Take Five: Crypto bulls and euro bears

Chip behemoth Nvidia is reporting quarterly results and global PMI data is rolling in as markets continue to digest the fallout from Donald Trump's U.S. presidential election win, with bitcoin and the euro taking centre-stage.