Author Archives: Syndicated Content
Turkey will invite Palestinian president to address parliament, state media says
ANKARA (Reuters) - Turkey will invite Palestinian President Mahmoud Abbas to address the Turkish parliament in the coming days, Parliament Speaker Numan Kurtulmus was cited as saying by state-owned An...
Jul 31, 2024
Altria posts lower-than-expected quarterly results on muted cigarette demand
(Reuters) - Altria missed expectations for quarterly revenue and profit on Wednesday, as the tobacco giant contends with persistent weakness in demand for its cigarette brands. Shares of the company, ...
Jul 31, 2024
Explainer-What taxes can UK finance minister Rachel Reeves raise in her first budget?
By Andy Bruce (Reuters) - British finance minister Rachel Reeves plans to raise taxes when she presents her budget in three months' time, but her options are limited by her promise not to increase tax...
Jul 31, 2024
Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll
By Anushree Ashish Mukherjee and Kavya Balaraman (Reuters) - Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand from m...
Jul 31, 2024
KKR's Q2 net income soars by 49% from a year earlier on higher fees
By Echo Wang NEW YORK (Reuters) - Private equity firm KKR & Co said on Wednesday its second-quarter adjusted net income jumped 49% year-on-year, driven by an increase in management, transaction and pe...
Jul 31, 2024
Kraft Heinz cuts annual sales forecast
(Reuters) - Kraft Heinz on Wednesday slashed its organic sales forecast for the full year, in a sign that higher prices of its snacks and ready-to-eat meal kits will continue to weigh on consumer dema...
Jul 31, 2024
Persistent competition likely to keep pressure on PayPal, analysts say
By Niket Nishant and Manya Saini (Reuters) - As PayPal embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over co...
Jul 31, 2024
Uber, BYD partner to bring EVs to ride hailing platform globally
By Akash Sriram (Reuters) - Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform glo...
Jul 31, 2024
Olympics-Triathlon-Britain's Yee runs perfect 10km to take gold
By Mitch Phillips PARIS (Reuters) -Briton Alex Yee ran a perfectly-paced 10km to snatch a dramatic Olympic triathlon gold on Wednesday, overhauling a fading Hayden Wilde of New Zealand in brutal condi...
Jul 31, 2024
T-Mobile raises annual forecast for subscriber additions on bundled data plans demand
(Reuters) - T-Mobile US raised its full-year forecast for monthly bill-paying phone subscriber additions on Wednesday as more customers opted for its discounted unlimited plans that include streaming ...
Jul 31, 2024
