Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Chinese chip equipment makers grab market share as U.S. tightens curbs
By Fanny Potkin and Yelin Mo SINGAPORE/BEIJING (Reuters) - As the U.S. tightens its restrictions on China's semiconductor industry, Chinese manufacturers of tools used to make chips are benefiting, wi...
Oct 18, 2023
Ford names Kumar Galhotra as Chief Operating Officer
(Reuters) - Ford Motor Co on Wednesday named Kumar Galhotra as its chief operating officer. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)
Oct 18, 2023
Spirit Aero, Boeing enter agreement to boost deliveries
(Reuters) -Aerospace supplier Spirit AeroSystems said on Wednesday it had entered into a preliminary agreement with its largest customer Boeing to achieve production stability at its factories and sup...
Oct 18, 2023
Morgan Stanley profit shrinks as deal slump lingers
(Reuters) -Morgan Stanley's profit fell about 9% in the third quarter, dragged down by lethargic dealmaking that sent the lender's shares down nearly 3% in premarket trading. Profit for the three mont...
Oct 18, 2023
Abbott profit beats on strong sales of medical devices, diagnostics
(Reuters) -Abbott Laboratories on Wednesday tightened its profit forecast for the year after beating estimates for third-quarter earnings on strong demand for its medical devices and diagnostics produ...
Oct 18, 2023
Futures down on Middle East worries as earnings get into full swing
By Ankika Biswas and Shashwat Chauhan (Reuters) -Futures for Wall Street's main indexes dipped on Wednesday as growing tensions in the Middle East spurred demand for safe-haven assets, with investors ...
Oct 18, 2023
P&G tops quarterly profit estimates on pricing boost, resilient demand
(Reuters) -Procter & Gamble's quarterly sales and profit topped market expectations on Wednesday, helped by steady demand for its personal care products and cleaning supplies as well as price hikes. P...
Oct 18, 2023
Citizens Financial’s profit drops 33% on interest income slump
(Reuters) - Citizens Financial Group's third-quarter profit fell 33% on Wednesday on a decline in the bank's income earned from charging customers interest on their loans. Analysts had been expecting ...
Oct 18, 2023
Nasdaq beats profit estimates on strong demand for investment products
(Reuters) - Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products. The company has been expandi...
Oct 18, 2023
Starbucks launches smaller cup size in China as competition grows
By Sophie Yu and Brenda Goh BEIJING (Reuters) - U.S. coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in ...
Oct 18, 2023
Fri Jul 24
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