Author Archives: Syndicated Content
Mexico’s FEMSA posts second-quarter net profit up 18%
MEXICO CITY (Reuters) - Mexico's FEMSA, which controls one of the world's largest Coca-Cola bottlers and a string of convenience store chains, posted a 18% year-on-year surge in its second-quarter net...
Jul 27, 2023
Putin says Ukrainian attacks intensify as Kyiv touts steady gains
(Reuters) - Russian President Vladimir Putin said on Wednesday that Ukraine had intensified its frontline attacks over the last few days while a Ukrainian official said Kyiv was making slow but steady...
Jul 27, 2023
S&P Global misses profit estimates as commodity insights, indices units struggle
(Reuters) - S&P Global Inc missed profit estimates for the second quarter on Thursday, as weakness in rating agency's commodity insights and indices units offset gains from its market intelligence bus...
Jul 27, 2023
China’s Evergrande EV unit applies to resume trading on HK bourse
(Reuters) - China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock Exchange to resume trading in the company's shares on Friday. Trading in the shares of...
Jul 27, 2023
TikTok won’t launch cross-border e-commerce services in Indonesia amid concerns
By Stanley Widianto and Josh Ye JAKARTA/HONG KONG (Reuters) - TikTok said it has no plans to roll out a cross-border business in Indonesia as a government minister on Thursday expressed concerns over ...
Jul 27, 2023
Building materials supplier Martin Marietta raises 2023 core earnings forecast
(Reuters) - Martin Marietta Materials beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday, helped by higher spending across infrastructure and non-resi...
Jul 27, 2023
Norfolk Southern’s profit halves on new $416 million Ohio derailment charge
(Reuters) - Norfolk Southern Corp's second-quarter profit tumbled 55% after the U.S. railroad operator recorded a fresh $416 million charge associated with the Eastern Ohio freight train derailment. T...
Jul 27, 2023
Zimbabwean president says country has food but grateful for Putin grain offer
(Reuters) - Zimbabwean President Emmerson Mnangagwa said on Thursday that his country was food-secure but was grateful for an offer of free grain from Russian President Vladimir Putin at a Russia-Afri...
Jul 27, 2023
Cellnex’s first-half loss widens, revenues grow 18.4%
By Joan Faus BARCELONA (Reuters) -Spain's Cellnex posted on Thursday a first-half net loss of 193 million euros ($215 million), 14% wider than a year ago, which Europe's largest mobile phone tower ope...
Jul 27, 2023
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK (Reuters) - Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III acc...
Jul 27, 2023
