Author Archives: Syndicated Content
BYD appoints former Stellantis UK chief Davino to push European expansion
MILAN (Reuters) - BYD has appointed former Stellantis UK chief Maria Grazia Davino to lead its operations in a group of European countries including Germany, the Chinese automaker said on Wednesday. B...
Oct 30, 2024
GE HealthCare beats Q3 profit estimates on U.S. demand for medical devices
(Reuters) - GE HealthCare Technologies beat estimates for quarterly profit on Wednesday as strong demand for its medical devices in the U.S. offset slowing sales in China due to disruptions in the cou...
Oct 30, 2024
China's BYD posts 11.5% rise in Q3 net profit
BEIJING (Reuters) - Chinese electric vehicle maker BYD recorded a 11.5% rise in third-quarter net profit on Wednesday, as it maintained strong sales momentum helped by government trade-in incentives. ...
Oct 30, 2024
Garmin raises full-year guidance, results beat amid unabated demand
(Reuters) - Garmin raised its full-year profit and revenue forecasts on Wednesday, expecting a slew of launches of wearable products ahead of the holiday season to drive demand further, sending the co...
Oct 30, 2024
AbbVie raises 2024 profit forecast on strong sales of key drugs Skyrizi, Rinvoq
(Reuters) - AbbVie raised its annual profit forecast on Wednesday after strong sales of its newer immunology drugs and key cancer treatment helped the company beat Wall Street estimates for third-quar...
Oct 30, 2024
US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say
By Curtis Williams HOUSTON (Reuters) - U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff o...
Oct 30, 2024
Soccer-Hisense becomes first sponsor for FIFA's Club World Cup
By Rohith Nair (Reuters) - Chinese electronics manufacturer Hisense has signed on as the first official partner for next year's FIFA Club World Cup, global soccer's governing body said on Wednesday. F...
Oct 30, 2024
Eli Lilly misses third-quarter profit amid soaring demand for weight-loss drug
(Reuters) - Eli Lilly missed Wall Street estimates for third-quarter profit on Wednesday, even as demand for its weight-loss drug soared, hurt by higher manufacturing and acquisition-related costs. Th...
Oct 30, 2024
Biogen lifts annual profit forecast as cost cuts help
(Reuters) - Biogen raised annual profit forecast and beat third-quarter profit expectations on Wednesday, as its cost-cutting measures helped make up for falling sales of its multiple sclerosis medici...
Oct 30, 2024
North Korean and Russian foreign ministers to hold Moscow talks
MOSCOW (Reuters) - North Korean Foreign Minister Choe Son Hui will hold strategic consultations in Moscow with her Russian counterpart Sergei Lavrov, Russia's Foreign Ministry announced on Wednesday. ...
Oct 30, 2024
