Investing
Kraft Heinz trims 2024 forecasts on Lunchables drag, tepid demand
By Savyata Mishra (Reuters) -Kraft Heinz on Wednesday tempered its annual forecasts for organic sale...
30th October, 2024
corporate profits
Business
Outokumpu warns of worsening steel markets after Q3 profit beat
By Jagoda Darlak (Reuters) – Finnish stainless steel maker Outokumpu beat market expectations for it...
30th October, 2024
Investing
Analysis-Ford investors impatient for the automaker to boost efficiency efforts
By Nora Eckert DETROIT (Reuters) -Ford Motor stock has tumbled about 8% so far this week after the c...
30th October, 2024
Business
Top Chinese airlines’ profits fall as flagging economy pressures fares
By Lisa Barrington and Sophie Yu SEOUL/BEIJING (Reuters) – China’s top three state-owned airlines re...
30th October, 2024
Business
BASF sees 2024 profit at lower end of range on weaker auto, agriculture demand
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -BASF on Wednesday predicted full-year earni...
30th October, 2024
Finance
Endesa’s 9-month net profit surpasses expectations with 33% increase
MADRID (Reuters) -Spanish power utility Endesa said on Wednesday that it is on track to meet its tar...
30th October, 2024
Finance
UBS reports $1.4 billion net profit attributable to shareholders in Q3
ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shar...
30th October, 2024
Business
Mondelez beats quarterly results on rebound in demand, higher prices
By Anuja Bharat Mistry (Reuters) -Mondelez International on Tuesday beat third-quarter revenue and p...
30th October, 2024
Business
Ford shares drop as supply snags and costs hurt profit forecast
By Nathan Gomes (Reuters) – Ford Motor shares fell as much as 10.4% on Tuesday after the automaker t...
30th October, 2024
Investing
Finnair tightens annual operating profit outlook, shares skid
(Reuters) -Finnair, Finland’s national carrier, tightened its annual operating profit forecast range...
29th October, 2024
Business
Steelmaker Acerinox expects weak demand to persist into fourth quarter
By Javi West Larrañaga and Jesus Calero (Reuters) -Spanish steelmaker Acerinox posted a sharp drop i...
29th October, 2024
Finance
Covestro trims 2024 profit target again in a tough economy
(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit foreca...
29th October, 2024