Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Amgen third-quarter sales rise 5%; profit up before charge
By Deena Beasley (Reuters) - Amgen, which earlier this month acquired Horizon Therapeutics for $27.8 billion, on Tuesday said its third-quarter product sales rose 5% as double-digit volume growth was ...
Oct 31, 2023
Portugal’s economy shrinks 0.2% quarter-on-quarter
LISBON (Reuters) - Portugal's economy shrank 0.2% in the third quarter from the previous three-month period, when it grew a revised 0.1%, due to a fall in net exports amid a wider European decline in ...
Oct 31, 2023
Pfizer swings to quarterly loss due to Paxlovid write-off
(Reuters) -Pfizer on Tuesday reported its first quarterly loss since 2019, as the U.S. drugmaker recorded $5.6 billion in charges related to its COVID products like its antiviral treatment Paxlovid an...
Oct 31, 2023
Marathon Petroleum beats Q3 profit
(Reuters) -Marathon Petroleum beat estimates for third-quarter profit on Tuesday, as the refiner benefited from strong demand for fuel and refined products amid tight supplies. Demand for refined prod...
Oct 31, 2023
China to develop Xinjiang free trade zone despite Western sanctions
By Joe Cash BEIJING (Reuters) - China on Tuesday set out plans to develop a free trade zone in its northwestern Xinjiang region, rooting it in President Xi Jinping's ambitious Belt and Road Initiative...
Oct 31, 2023
India’s fiscal deficit at 7.02 trln rupees in April-Sept
NEW DELHI (Reuters) - India's fiscal deficit for the first six months of the financial year that started April 1 was 7.02 trillion Indian rupees ($84.35 billion), 39.3% of the estimate for the whole y...
Oct 31, 2023
Caterpillar profit rises on construction equipment demand
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar reported a rise in third-quarter profit on Tuesday, as strong infrastructure investments across key markets boosted demand for its high-end...
Oct 31, 2023
Blackstone, Vista Equity to buy software firm Energy Exemplar -sources
By Anirban Sen (Reuters) - Blackstone and Vista Equity Partners have agreed to acquire Australia's Energy Exemplar, a provider of energy market software, for more than $1 billion, according to people ...
Oct 31, 2023
Renault had ‘friendly’ discussions with Chinese investment bank – spokesperson
PARIS (Reuters) - French carmaker Renault had "friendly" discussions with Chinese investment bank CICC about potential cooperation, but nothing has been signed or decided so far, a company spokesperso...
Oct 31, 2023
Analysis-Evergrande will struggle to revive its debt restructuring plan
By Clare Jim, Xie Yu and Scott Murdoch HONG KONG (Reuters) - China Evergrande is trying to stave off liquidation by revising its debt restructuring plan, but its biggest challenge will be convincing i...
Oct 31, 2023
Thu Jul 16
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