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

Latest From Lucia Mutikani

Economy|News

Slowing wage gains restrain US labor costs in second quarter

U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, more evidence that inflation was

Slowing wage gains restrain US labor costs in second quarter
Economy|News

US private payrolls miss expectations in July, ADP says

U.S. private payrolls increased far less than expected in July, but that likely is not a true reflection of a labor market that continues to moderate gradually.

US private payrolls miss expectations in July, ADP says
MidEast|News|Political

Israelis buoyant after Hamas leader assassinated in Iran

Israel's government maintained a deliberate silence over the assassination of Hamas chief Ismail Haniyeh in Iran on Wednesday but for many Israelis, the killing

Israelis buoyant after Hamas leader assassinated in Iran
Economy

Brazil's jobless rate drops to 6.9% in quarter through June

Brazil's jobless rate remained at its lowest level in a decade in the three months through June, data from statistics agency IBGE showed on Wednesday, as the number of employed

Brazil's jobless rate drops to 6.9% in quarter through June
Health|News|World

WHO chief Tedros says polio detected in Gaza, appeals for action

The head of the World Health Organization (WHO) said on Wednesday that polio had been detected in Gaza and warned that children in the war-ravaged enclave would soon be infected

WHO chief Tedros says polio detected in Gaza, appeals for action
Europe|News|Political

Russian-UK dissident Kara-Murza disappears from jail in latest sign a prisoner swap with West may be close

Vladimir Kara-Murza, a dual Russian-British national jailed on treason charges for 25 years, has been moved from his prison

Russian-UK dissident Kara-Murza disappears from jail in latest sign a prisoner swap with West may be close
Business|Economy|Finance

Mastercard allays spending concerns with profit beat

Mastercard beat second-quarter profit expectations on Wednesday and said spending was holding up, reassuring investors worried about customers' financial health after a

Mastercard allays spending concerns with profit beat
Business|Economy|Travel

Norwegian Cruise lifts annual profit forecast again on resilient demand

Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time, riding on sustained demand for luxury voyages and higher ticket prices.

Norwegian Cruise lifts annual profit forecast again on resilient demand
MidEast|Political

Turkey will invite Palestinian president to address parliament, state media says

Turkey will invite Palestinian President Mahmoud Abbas to address the Turkish parliament in the coming days, Parliament Speaker Numan Kurtulmus was cited as saying by state-owned

Turkey will invite Palestinian president to address parliament, state media says
Business|Finance|Stock Markets|Technology

Pinterest plunges as gloomy forecast dampens revenue rebound hopes

Pinterest shares tumbled nearly 10% on Wednesday after a muted third-quarter outlook dashed expectations for a stabilization in its revenues, as heightened

Pinterest plunges as gloomy forecast dampens revenue rebound hopes
Asia|Business|Economy|Health

GE HealthCare cuts revenue growth forecast for 2024 on China woes

GE HealthCare cut its revenue growth forecast for the year on Wednesday, as a freeze in China's healthcare sector due to an anti-corruption drive dragged down sales of its imaging machines

GE HealthCare cuts revenue growth forecast for 2024 on China woes
Business|Technology

Boeing names Kelly Ortberg CEO to steer turnaround as cash burn rises

Boeing on Wednesday named aerospace industry veteran Kelly Ortberg as its CEO to turn around the planemaker beset by legal and regulatory

Boeing names Kelly Ortberg CEO to steer turnaround as cash burn rises
Business|Economy|Finance

Bunge Global shares slide 8% after quarterly profit miss

Bunge Global missed Wall Street expectations for second-quarter profit on Wednesday, sending its shares down 8% as the world's largest oilseed

Bunge Global shares slide 8% after quarterly profit miss
Business|Economy|Finance

Altria posts lower-than-expected quarterly results on muted cigarette demand

Altria missed expectations for quarterly revenue and profit on Wednesday, as the tobacco giant contends with persistent weakness in demand for its cigarette brands.

Altria posts lower-than-expected quarterly results on muted cigarette demand
Business|Economy|Finance

CBIZ to acquire accounting firm Marcum in $2.3 billion deal

Financial services and insurance provider CBIZ said on Wednesday it would buy Marcum, one of the biggest accounting services providers in the United States, in a $2.3 billion cash-and-stock

Business|Economy|Technology

Boeing posts bigger loss as defense business struggles to turn around

Boeing posted a bigger quarterly loss, as its troubled defense and space business exacerbated the financial strain on the U.S. planemaker that has already scaled back commercial aircraft

Boeing posts bigger loss as defense business struggles to turn around
Business|Economy|Finance

Delta Air Lines CEO says CrowdStrike outage to cost carrier $500 million, CNBC reports

Delta Air Lines will take a $500 million hit related to the CrowdStrike outage, the carrier's CEO Ed Bastian said in a CNBC interview on Wednesday.

Delta Air Lines CEO says CrowdStrike outage to cost carrier $500 million, CNBC reports
Economy|Finance

India's April-June fiscal deficit at 8.1% of 2024/25 target

India's fiscal deficit for the first quarter of the financial year that started in April was 1.36 trillion rupees ($16.25 billion), or 8.1% of the estimate for the whole year,

India's April-June fiscal deficit at 8.1% of 2024/25 target
Business|Travel

Marriott cuts 2024 sales view on soft domestic demand in China, North America

Hotel operator Marriott International lowered its forecast for 2024 room revenue growth on Wednesday, citing softer domestic travel demand in China and North America,

Marriott cuts 2024 sales view on soft domestic demand in China, North America
Business|Economy

Trane Tech raises profit and revenue forecasts on resilient demand

Trane Technologies on Wednesday raised its full-year profit and revenue forecasts, anticipating strong demand for heating and air-conditioning systems from commercial buildings.

Business|Economy|Food

Kraft Heinz retains annual profit target; demand woes drag sales

Kraft Heinz slashed its organic sales forecast for 2024 on Wednesday, signaling subdued demand for its branded snacks and Lunchables meal kits, but its shares rose about 4

Kraft Heinz retains annual profit target; demand woes drag sales
Americas|Economy|News

Blinken says US not involved in killing of Hamas leader

U.S.

Blinken says US not involved in killing of Hamas leader
MidEast|Political

What we know so far about the assassination of Hamas leader

Hamas leader Ismail Haniyeh was assassinated early on Wednesday morning in Iran, the Palestinian militant group and Tehran said.

What we know so far about the assassination of Hamas leader
Europe|News

Americans, Russian assassin freed in biggest post-Cold War prisoner swap

U.S. journalist Evan Gershkovich and ex-U.S.

Americans, Russian assassin freed in biggest post-Cold War prisoner swap
Business|Finance|Technology

T-Mobile lifts subscriber addition target on demand for premium bundled plans

T-Mobile US raised its full-year forecast for monthly bill-paying phone subscriber additions, after seeing more customers than expected in the second quarter on

T-Mobile lifts subscriber addition target on demand for premium bundled plans

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