Today: September 24, 2024
Today: September 24, 2024

Latest From Reuters

Business|Finance

Mettler-Toledo forecast dull third-quarter profit on weak China demand

Medical equipment maker Mettler-Toledo International forecast third-quarter profit below estimates on Thursday, a sign of a weaker-than-expected recovery in sales in its key market China.

Americas|News

US Justice Dept. is investigating Nvidia's acquisition of AI startup, Politico reports

The U.S.

US Justice Dept. is investigating Nvidia's acquisition of AI startup, Politico reports
Asia|Economy

China needs more than 'incremental' consumer stimulus longer term

China's efforts to boost household spending are expected to help the economy hit the government's 2024 growth target of roughly 5%, but the authorities may have to do more for

China needs more than 'incremental' consumer stimulus longer term
Business|News

Boeing's new CEO Kelly Ortberg faces a major overhaul, from factories to finances

Boeing's incoming boss, Kelly Ortberg, faces a herculean task when he starts next week -  restoring the might of a U.S. corporate powerhouse rocked by multiple crises.  

Boeing's new CEO Kelly Ortberg faces a major overhaul, from factories to finances
Business|News

Consolidated Edison beats second-quarter profit estimates

Electric and gas utility Consolidated Edison beat second-quarter profit estimates on Thursday, as customers cranked up air conditioners and refrigerators during hotter weather.

Consolidated Edison beats second-quarter profit estimates
Americas|Election|News|Political

Venezuela court asks all presidential candidates to begin vote 'verification' process

Venezuela's top court on Thursday accepted a request by President Nicolas Maduro for all presidential candidates to present their vote tallies, as a dispute about results in last

Venezuela court asks all presidential candidates to begin vote 'verification' process
Business|Economy

Workers at BHP's Escondida mine in Chile reject contract offer, union says

Workers at BHP's Escondida, the world's largest copper mine, rejected an offer for a new collective bargaining agreement, setting the stage for a potential strike, the union said

Workers at BHP's Escondida mine in Chile reject contract offer, union says
Business|Finance|Technology

Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services

Motorola Solutions raised its full-year revenue and profit forecast and beat quarterly results on Thursday, as it sees robust demand for its safety and enterprise security services.

Motorola Solutions raises annual revenue and profit above estimates on strong demand for its security services
Business|Economy|Finance

Celanese cuts 2024 profit forecast on sluggish demand, production snags

Specialty chemicals company Celanese lowered its 2024 earnings forecast on Thursday, hurt by weak demand in several key sectors and production obstacles, sending its shares down 5.4% after

Europe|Political

EU warns Hungary over easing of visa rules for Russians

The European Union's internal affairs chief warned Hungary on Thursday that its decision to ease visa restrictions for Russians and Belarusians posed a potential security threat

EU warns Hungary over easing of visa rules for Russians
Business|Economy|Finance

Federal Realty Investment Trust lifts annual forecast on sustained leasing demand

Federal Realty Investment Trust posted second-quarter revenue above market expectations and lifted its full-year forecast for funds from operations per share, citing steady leasing demand

Economy|Finance|Stock Markets

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide

Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide
Business|Finance|Travel

Booking expects room nights growth to ease, shares fall

(Reuter) - Online travel agency Booking Holdings forecast lower room nights growth in the third quarter after beating analysts' estimates for second-quarter revenue and profit, sending its shares down

Booking expects room nights growth to ease, shares fall
News|Political|Technology

US court blocks Biden administration net neutrality rules

A U.S. appeals court on Thursday blocked the Federal Communications Commission's reinstatement of landmark net neutrality rules, saying broadband providers

US court blocks Biden administration net neutrality rules
Business|Economy|Finance

Prudential Financial's adjusted Q2 profit rises on US unit strength

Insurer Prudential Financial reported a rise in second-quarter adjusted profit on Thursday, as its U.S. unit was boosted by stronger underwriting and higher investment returns.

Prudential Financial's adjusted Q2 profit rises on US unit strength
Business|Economy|Finance

Regency Centers raises annual FFO forecast, beats Q2 FFO estimates

Regency Centers raised annual funds from operations (FFO) forecast after beating second-quarter estimates on Thursday, as steady leasing demand at its grocery-anchored shopping centers

Economy|Finance

Camden Property Trust beats second-quarter FFO estimates on strong rental demand

Camden Property Trust beat Wall Street estimates for second-quarter funds from operations (FFO) on Thursday, helped by strong demand for rental spaces in states like North Carolina and

Business|Economy|Finance|Stock Markets

Coterra Energy misses profit estimates on weak natural gas prices

U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.

Coterra Energy misses profit estimates on weak natural gas prices
Business|Economy|Technology

Snap forecasts weak revenue as big rivals threaten growth, shares slide

Snap forecast current-quarter results below expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertising dollars in an

Snap forecasts weak revenue as big rivals threaten growth, shares slide
Business|Economy|Finance|Technology

Coinbase's second-quarter revenue surges on crypto trading revival

Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.

Coinbase's second-quarter revenue surges on crypto trading revival
Business|Economy|Finance

Block lifts core earnings forecast on consumer spending strength

Payments firm Block raised its forecast for annual adjusted core earnings on Thursday and unveiled a $3 billion buyback plan, betting on resilient consumer spending

Block lifts core earnings forecast on consumer spending strength
News

Israel kills an Al Jazeera journalist and says, without evidence, he was a Hamas operative

The Israeli military confirmed on Thursday it had killed Al Jazeera journalist Ismail Al-Ghoul in an airstrike in Gaza, saying he was a Hamas operative who had taken part in the

Israel kills an Al Jazeera journalist and says, without evidence, he was a Hamas operative
Business|Economy|Finance

Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs

Bleach maker Clorox forecast annual profit above estimates after beating fourth-quarter profit on Thursday, banking on consecutive price hikes of its home care products and easing input

Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs
Economy|Finance

Canada's capital gains tax target falls short by C$2 billion, says budget officer

Canadian federal government's target for a bump in its controversial capital gains tax over the next five years will fall short by a tenth, according to an analysis released on

Canada's capital gains tax target falls short by C$2 billion, says budget officer
Europe|News|Political

Putin welcomes Russians freed in prisoner swap as heroes loyal to the Motherland

President Vladimir Putin gave Russian nationals freed in an historic prisoner exchange with the West a hero's welcome on Thursday as they stepped off a plane in

Putin welcomes Russians freed in prisoner swap as heroes loyal to the Motherland

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