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

Latest From Kenneth Li

Business|Finance|Technology

Thomson Reuters raises sales forecast as earnings top estimates

Thomson Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday as revenue rose 6% and it continued to aggressively deploy artificial

Thomson Reuters raises sales forecast as earnings top estimates
Business|Finance|Technology

Mobileye slashes annual forecasts on uncertain demand; shares fall

Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered

Mobileye slashes annual forecasts on uncertain demand; shares fall
Business|Economy|Finance

Spirit forecasts steeper loss on 'intense competitive battle' for leisure travelers

Spirit Airlines on Thursday warned of a steeper loss in the current quarter, citing an "intense competitive battle" for the price-sensitive leisure

Spirit forecasts steeper loss on 'intense competitive battle' for leisure travelers
Business|Economy|Finance

Canada Goose bucks luxury slowdown in China, tops quarterly estimates

Canada Goose beat Wall Street estimates for quarterly revenue on Thursday, benefiting from steady consumer demand in China for its puffer jackets and sweats, bucking

Canada Goose bucks luxury slowdown in China, tops quarterly estimates
Business|Finance|Health

Biogen lifts profit forecast, signals progress in turnaround effort

Biogen lifted its full-year profit forecast on Thursday due to cost cuts and better-than-expected sales of its various treatments, even as the U.S. adoption

Biogen lifts profit forecast, signals progress in turnaround effort
Europe|News|World

Woman, daughter killed by Russian shelling on Ukraine's Nikopol, official says

A mother and her daughter were killed by Russian shelling that hit the town of Nikopol in Ukraine's eastern Dnipropetrovsk region, its governor said on Thursday.

Business|Economy|Technology

Mobileye slashes annual forecasts on sluggish demand; shares tank

Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered

Mobileye slashes annual forecasts on sluggish demand; shares tank
Africa|Economy|News|Political

At least 3 killed in Nigeria at protests over high cost of living

At least three protesters were killed in Nigeria's Kaduna state on Thursday, Reuters reporters and eyewitnesses said, as demonstrators rallied

At least 3 killed in Nigeria at protests over high cost of living
Business|Economy|Finance

Refiner HF Sinclair beats quarterly profit estimates on higher processing volumes

HF Sinclair reported a quarterly profit on Thursday that beat analysts' estimates as it processed higher volumes of crude oil and on strength at its lubricants and midstream units, all of

Refiner HF Sinclair beats quarterly profit estimates on higher processing volumes
Business|Finance|Stock Markets

Carvana shares surge on robust 2024 core profit forecast

Shares of Carvana surged nearly 15% a day after the used car retailer forecast annual core profit above Wall Street estimates, as more car buyers consider shopping online.

Carvana shares surge on robust 2024 core profit forecast
Asia|Economy

Hong Kong June retail sales fall 9.7% y/y in 'challenged' sector

Hong Kong's June retail sales fell 9.7% from a year earlier, government data showed on Thursday, reflecting the changing consumption patterns of visitors and residents and the

Hong Kong June retail sales fall 9.7% y/y in 'challenged' sector
Asia|Business|Economy

China developer returns buyers' deposits for unfinished homes, local media says

A Chinese property developer is giving back homebuyers the deposit they paid for apartments in a project it was unable to finish as part of a housing return programme coordinated

China developer returns buyers' deposits for unfinished homes, local media says
Economy|Finance|Stock Markets

Stocks slump in August kick-off as data reignites slowdown worries

U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated

Stocks slump in August kick-off as data reignites slowdown worries
Economy|Finance|Stock Markets

Fed nods to cut, chips rebound, BoE up next

A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-

Fed nods to cut, chips rebound, BoE up next
Europe|News|Political

Georgia aims to 'reset' relations with U.S. after Washington pauses aid

Georgian Prime Minister Irakli Kobakhidze on Thursday proposed a "reset" to mend relations with the United States, Interpress news agency reported, after Washington paused more

Georgia aims to 'reset' relations with U.S. after Washington pauses aid
Business|Economy|Technology

EU approves Hewlett Packard Enterprise's $14 billion Juniper deal

The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.

EU approves Hewlett Packard Enterprise's $14 billion Juniper deal
Business|Economy|Europe

AB InBev bucks series of gloomy earnings in booze sector

Anheuser-Busch InBev outshone rival alcohol producers who had struck a downbeat tone in their quarterly results, but even the world's biggest brewer was cautious on

AB InBev bucks series of gloomy earnings in booze sector
Asia|Business|Economy|Finance

China securities official expected to lead Shenzhen stock exchange, say sources

China is expected to appoint a senior securities official to head its second-largest bourse, four sources said, filling a role that has been vacant for the unusually long period of seven

China securities official expected to lead Shenzhen stock exchange, say sources
MidEast

Elusive Hamas leader Deif masterminded Oct 7 attack on Israel

Hamas' military leader Mohammed Deif, one of the masterminds of the Oct. 7, 2023 assault on southern Israel, was an elusive figure who had a long and secretive career in the

Elusive Hamas leader Deif masterminded Oct 7 attack on Israel
Europe|News|Political

Stripping of jailed opposition lawmaker's status invalid, Turkey's top court rules

Parliament's decision to strip a jailed opposition lawmaker of his seat is "null and void", Turkey's Constitutional Court has ruled, prompting calls by his lawyer and the

Stripping of jailed opposition lawmaker's status invalid, Turkey's top court rules
Asia|News

South Korea says ready to offer flood relief to North Korea

South Korea is ready to provide North Korea with relief supplies for damage caused by recent heavy rainfall, South Korea's Red Cross said on Thursday, marking a rare

South Korea says ready to offer flood relief to North Korea
News|Political

Death of Hamas military leader Mohammed Deif, Oct 7 mastermind, confirmed, Israel says

The head of Hamas' military wing, Mohammed Deif, was killed in an Israeli airstrike in Gaza last month, the Israeli military said on

Death of Hamas military leader Mohammed Deif, Oct 7 mastermind, confirmed, Israel says
Australia|Business|Economy

Western Australian job losses dent Australia's green ambitions

A downturn in the critical minerals sector that has triggered a wave of job losses in Australia's top earning resources state has also struck a blow to the country's hopes to

Americas|Asia|News|World

Japan seeks extradition of anti-whaling activist Watson from Denmark

Japan is seeking the extradition of a U.S.-Canadian anti-whaling activist, who has been held in custody in Greenland since July 21, Danish and Japanese authorities said on

Asia|Finance|Stock Markets

Japanese stocks see biggest weekly foreign outflow in 10 months

Japanese stocks witnessed heavy foreign outflows in the week to July 26, as a strengthening yen and a sell-off in global technology stocks dampened investor sentiment.

Japanese stocks see biggest weekly foreign outflow in 10 months

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