Author Archives: Syndicated Content
Two people hurt in Russian drone attack on Kyiv region, Ukraine says
KYIV (Reuters) - Debris from Russian drones shot down by Ukraine have injured two people and damaged two homes in the region surrounding the capital in the second such attack on the area in as many ni...
Aug 01, 2024
Bank of England cuts rates from 16-year high, 'careful' on future moves
By David Milliken, Andy Bruce and Suban Abdulla LONDON (Reuters) - The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over w...
Aug 01, 2024
Hershey trims annual forecasts as higher prices dent demand
Hershey cut its annual profit and sales forecasts on Thursday and posted a near 17% drop in quarterly sales, highlighting cautious consumer spending for its candy and chocolates. WHY IS IT IMPORTANT? ...
Aug 01, 2024
Iron Mountain second-quarter FFO jumps on strong demand for data storage
(Reuters) - Iron Mountain on Thursday posted a rise in funds from operations (FFO) for the second quarter, on the back of rising demand for its data-center business. Despite macroeconomic uncertaintie...
Aug 01, 2024
North Sea oil and gas producers say UK windfall tax is a 'wrecking ball'
By Arunima Kumar and Ron Bousso LONDON (Reuters) - Britain's decision to increase a windfall tax on oil and gas producers to help pay for its push to grow renewables will lead to a sharp drop in reven...
Aug 01, 2024
Canada Goose beats Q1 revenue estimates on strong non-winter clothing demand
(Reuters) - Canada Goose Holdings beat Wall Street estimates for quarterly revenue on Thursday, benefiting from consumer demand for its non-winter clothing that includes fleece, sweats and lightweight...
Aug 01, 2024
Woman, daughter killed by Russian shelling on Ukraine's Nikopol, official says
KYIV (Reuters) - A mother and her daughter were killed by Russian shelling that hit the town of Nikopol in Ukraine's eastern Dnipropetrovsk region, its governor said on Thursday. "These are the tragic...
Aug 01, 2024
Biogen lifts 2024 profit forecast on cost cuts, drug launches
(Reuters) -Biogen lifted its full-year earnings forecast on Thursday, as the launch of new treatments and cost-cutting program are expected to make up for falling sales of its older multiple sclerosis...
Aug 01, 2024
Spirit forecasts Q3 revenue below expectations, discloses CrowdStrike outage hit
(Reuters) - Spirit Airlines forecast its current-quarter revenue below analysts' estimates on Thursday, as excess capacity and intense competition on its routes hamper the ultra-low-cost carrier's pri...
Aug 01, 2024
HF Sinclair's second-quarter profit falls on lower refining margins
(Reuters) - Refiner HF Sinclair reported a lower second-quarter profit on Thursday as margins slumped due to a tepid summer driving season and a rise in global refining capacity. The Dallas-based comp...
Aug 01, 2024
