Mastercard's profit beats as consumer spending defies inflation worries
Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing costs and
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Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing costs and
Shares of Norwegian Cruise Line Holdings fell more than 12% after the operator's downbeat first-quarter revenue overshadowed a raise in annual profit forecast on Wednesday.
U.S. construction spending unexpectedly fell in March likely as a resurgence in mortgage rates weighed on homebuilding, but activity remains supported by an acute housing
Estee Lauder lowered its annual organic sales estimate on persistent softness in mainland China's prestige beauty space, even as a demand rebound for its pricey
Hotel operator Marriott International raised its forecast for annual adjusted profit on Wednesday after mixed first-quarter results, banking on
Kraft Heinz missed Wall Street estimates for first-quarter sales on Wednesday, signaling inflation-weary consumers were pushing back against its higher-priced branded lunch combos, mac and cheese, and
Industrial materials maker DuPont de Nemours said it sees demand returning in China and raised its full-year forecasts on Wednesday, sending shares of the company up 6% in
Aircraft lessor Dubai Aerospace Enterprise (DAE) Capital will likely receive around half the number of aircraft from Boeing this year than the planemaker had originally committed to
U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure of prices paid by factories for inputs approached a
Flutter shareholders backed a proposal to move the primary listing of its shares from London to New York on Wednesday, just three months after the world's largest online betting
A look at the day ahead in U.S. and global markets from Mike Dolan May Day for Wall Street comes with the daunting prospect that the multiple interest rate cuts once expected from the Federal Reserve
Saudi Arabia's real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the government's statistical authority showed on Wednesday, as a
British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its
A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates
Australian financial conglomerate Macquarie Group said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid
Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand and increased its dividend.
Kering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40% to 45% plunge in first-half operating profit.
Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday.
CITIC Securities Co, China's biggest brokerage, reported on Friday that first-quarter net profit fell 8.5%, hit by the sluggish investment banking environment.
Shares of Singapore Telecommunications (Singtel) fell as much as 3.3% on Monday to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion)
Canadian energy company Enbridge has retained a joint venture partnership between Barnard Construction Company, Inc. and Civil and Building North America, Inc (CBNA). to construct the
Construction material firm Martin Marietta Materials on Tuesday topped first-quarter profit estimates after cost cuts helped offset a hit from a slowdown in housing activity.
The U.S. central bank held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its July 30-31 policy meeting, but since then Federal Reserve Chair
Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall
Aon first-quarter profit missed estimates on Friday due to underperformance in its U.S. retail brokerage business, sending its shares down nearly 9%.