Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
CME Group third-quarter profit rises on trading strength
(Reuters) -CME Group on Wednesday reported a rise in its third-quarter profit as traders used the company's products to hedge against market volatility. Storm clouds hovering over the economy have kep...
Oct 25, 2023
General Dynamics beats quarterly estimates on robust military equipment demand
(Reuters) -U.S. defense contractor General Dynamics beat Wall Street estimates on Wednesday, as buoyant military equipment demand helped overcome higher operating expenses. Shares of the Reston, Virgi...
Oct 25, 2023
T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates
(Reuters) -T-Mobile US on Wednesday raised the lower end of its annual free cash flow forecast after quarterly subscriber additions and earnings topped estimates as customers flocked to the company's ...
Oct 25, 2023
Moncler sales seen rising despite luxury concerns, warmer weather
By Elisa Anzolin MILAN (Reuters) - Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth will be s...
Oct 25, 2023
Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients
By Aditya Soni (Reuters) -Microsoft is outstripping Alphabet in the race to make money from generative artificial intelligence through early bets on OpenAI and focus on big clients, raising worries th...
Oct 25, 2023
Beiersdorf raises 2023 sales guidance on strong 9-month results
BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first nine months, driven by its consumer business ...
Oct 25, 2023
Porsche reports 18.3% operating return in first nine months, confirms forecast
BERLIN (Reuters) - Porsche AG reported an operating return on sales of 18.3% in its first nine months on Wednesday, in line with its annual forecast, with operating profit up 9% to 5.5 billion euros (...
Oct 25, 2023
China’s new bonds to help economic recovery, official says, as budget deficit rises
BEIJING (Reuters) - China's new sovereign bonds will help bolster the economic recovery, China's vice finance minister Zhu Zhongming said on Wednesday, as the government's stepped-up fiscal stimulus s...
Oct 25, 2023
Amazon Web Services to launch European sovereign cloud
STOCKHOLM (Reuters) - Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries. The sovereign cloud will store...
Oct 25, 2023
BoE likely to keep high rates on hold even as signs of slowdown mount
By William Schomberg LONDON (Reuters) - The Bank of England looks set to keep interest rates on hold next week but also stress that it is far from relaxing its fight against Britain's high inflation r...
Oct 25, 2023
Sat Jul 18
Nashville, TN, USA
90°FFeels Like: 99°F
Wind/Dir: 24 MPH-NW
Humidity: 59%
