2/2 © Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) continues in Frankfurt 2/2 By Michael Nienaber BERLIN (Reuters) -The German government raised its growth forecast for Europe’s largest economy to 3.5% from a previous estimate of 3% as it expects household spending to support the recovery once COVID-19 restrictions are lifted, the…
* Tesla slips, weighs on S&P 500 and Nasdaq* 3M slides on warning of higher costs* UPS jumps as revenue tops expectations (Updates with close of trading)April 27 (Reuters) – Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the main indexes ending mixed as investors focused on wave of earnings…
(Reuters) – Boeing Co’s newly prolonged CEO Dave Calhoun will unveil the U.S. planemaker’s results on Wednesday juggling a barrage of technical and financial challenges under the shadow of mounting political tensions between the United States and China.Analysts will be pressing Calhoun for updates on the effective re-grounding of part of the 737 MAX fleet…
(Reuters) – Pioneer Natural Resources’s first quarter results will be hit by a $691 million loss on oil and gas derivatives, it said in a securities filing on Tuesday, becoming the latest U.S. shale oil company to warn of charges due to hedging.Many producers raced to lock in sales when crude oil prices rose to…
The U.S. Senate on Tuesday voted to confirm Janet McCabe as deputy administrator of the Environmental Protection Agency, who will play a key role in implementing the Biden administration’s plans to halve U.S. greenhouse gas emissions below 2005 levels over the next decade.The Senate voted 52-42, mostly along party lines, to approve her nomination.McCabe, an…
RetailCrocs shares soar as shoemaker raises 2021 sales outlook, sees growth of 40% to 50%Published Tue, Apr 27 20217:35 AM EDTUpdated Moments AgoLauren Thomas@laurenthomasShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsCrocs reported record first-quarter sales and raised its sales outlook for the full year. CEO Andrew Rees said demand…
FILE PHOTO: The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid(Reuters) – Merck & Co Inc said on Tuesday it had partnered with five Indian generic drugmakers, including Cipla Ltd and Sun Pharmaceutical Industries Ltd, to expand production and access…
Apple Mac users are being urged to update their macOS software now, as they’re at “grave risk” of hackers exploiting what’s been described as one of the worst vulnerabilities to affect the tech giant’s computers in years in years. Malware that takes advantage of the bug has been hitting Macs since at least January, making…
A man wearing a protective face mask makes his way on Omonia square in Athens, Greece, September 3, 2020. REUTERS/Alkis Konstantinidis Greece formally submitted its national recovery plan to the European Union on Tuesday, hoping for a boost to economic growth by as much as seven percentage points over the next six years, the government’s…
A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas/File PhotoIndian shares rose on Tuesday ahead of a slew of earnings reports from blue-chip companies, including Maruti Suzuki India (MRTI.NS), even as new cases of COVID-19 in the country held above 300,000 for a sixth consecutive day.The…
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